Ayer v. Hughes
Ayer v. Hughes
Opinion of the Court
The opinion of the Court was delivered by
This action is for partition. About that right there is no issue. Partition has been actually effected by formal decree, and the issue now made was reserved for further consideration. The only primary issue now is the subjection of that one-eleventh interest, formerly owned by Mrs. Sarah H. *257 Ayer and now descended to her six children, to- the pro tanto payment of a bond and mortgage executed by Sarah H. Ayer and her four brothers to- F. M. Bamberg. The master held that such interest was not liable to- any part of the mortgage ; the Circuit Court held that such interest was liable in part to the mortgage; and the said six children appeal therefrom. ■ .
There are many exceptions, 13 in all; but they do not nearly raise half that many issues.
The witnesses have detailed these as the circumstances: That this 500 acres of land, the value of which does not appear, was owned by 11 persons, in common and in equal shares; that four of the Hughes o-wners, to wit, William, Richard, Paul, and Janies, and the son of another owner, to wit, T. J. Ayer, the son of Sarah H. Ayer, embarked in a sawmilling business ; that these five owners- of five-elevenths o-f the land, in order to- raise a fund to launch the business, borrowed $1,800 from Gen. Bamberg, to- evidence which they made him a-joint bond, and to- secure- its payment executed to him a mortgage on their five-elevenths interest in the 500 acres, and Paul included in the same instrument a two-acre lot in the town of Bamberg; that the sawmill business was owned by the said four Hughes boys and their nephew, T. J. Ayer, William, Richard and Paul owning a *258 one-fourth each, and James and T. J. Ayer one-fourth together; that 18 months after the mortgage was made, and while he still owned it, of course, Gen. Bamberg, “in consideration of the fact that Mrs. Ayer is only a surety on a certain bond and mortgage * * * and in further consideration of part of the said debt being paid * * * released Mrs. Ayer from all personal liability of said bond, holding the mortgage only against her interest in the mortgaged premises;” that Gen. Bamberg thereafter assigned the bond and mortgage to. John H. Cope, and Cope thereafter assigned them to Paul Kistler Hughes, who now sets them up pro tanto against the one-eleventh interest formerly owned by Mrs. Ayer and now owned by her six children; that the other three makers of the bond and mortgage have contributed the.payment of their proportion of the mortgage debt.
The fact of suretyship and its legal consequences were not pleaded, but the issue was made .by the testimony; it may perhaps be embraced by the plea of no- consideration; it was considered by the Court below, and will be considered now.
The release by a mortgagee or payee, or one of the several makers of a bond and mortgage, or the material alteration of the instrument by the payee, will release a surety thereon.
To- revert to* the proposition laid down, supra, the liability of Mrs. Ayer if she signed as surety for her son: In that event she did not stand in any relationship' to Paul Kistler Hughes except that of joint and principal maker of a bond and mortgage; Paul Kistler Hughes has paid his pro rata of the debt, and the other makers have paid their pro rata of the debt; why should Mrs. Ayer’s estate not pay its pro rata of the debt? If Mrs. Ayer’s estate is required now to pay, it may go upon T. J. Ayer for reimbursement, for she was his surety; but her estate has no such claim to' go1 upon the other signers with her, certainly not on Paul; and there is no other suggested ground for her relief. If, then, the estate of Mrs. Ayer be liable on the bond and mortgage, and it is, for what proportion of that debt is it liable? The Circuit Court simply held the estate liable “ho the extent of her proportionate share of the mortgage debt,” without indicating- whether that proportion 'was one-fifth, as there were five obligors, or less. That issue is made by the tenth, eleventh and thirteenth exceptions.
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The twelfth exception states no-new issue.
The judgment of the Circuit Court is therefore modified in the respect last mentioned.
Reference
- Full Case Name
- Ayer v. Hughes.
- Status
- Published