Donaldson v. Temple
Donaldson v. Temple
Opinion of the Court
The opinion of the Court was delivered by
*201 This is an action to have a deed absolute on its face declared to be a mortgage for an account of the rents and profits and to redeem.
The plaintiff alleged that she was the owner of a lot of land in the town of Dillon, on which was situated a house used as an hotel; that the defendant had a mortgage upon the premises; that she had a bargain for a lease of the hotel property with one C. M. Pooser; that the plaintiff, the defendant, and Mr. Pooser signed a contract for the lease of the hotel property oh the condition that the hotel property should be improved to the extent of $1,800, the money for the improvements to be furnished by the defendant; that, in order to fully secure the defendant for his then existing debt, the sum to be advanced, and certain other debts of the plaintiff, which the defendant was to take up, the plaintiff made the deed in question and turned over the property to the defendant with full power to manage the same; that the defendant fraudulently refused to furnish the money necessary for-the repairs, and in consequence thereof Mr. Pooser surrendered his lease, and no other satisfactory tenant had been found. In the efforts to manage the hotel, it was found necessary to put new furniture in the hotel. This furniture the defendant purchased, and claimed a monthly rental of the furniture at so much a month.
On the trial of the cause the deed was declared to be a mortgage. The questions on this appeal are in reference to certain items of the account, and will be considered in their order.
The trial Court allowed the money advanced and interest thereon, and this was certainly all he had a right to recover. There was no error here.
3. The fourth and last exception complains of error in allowing $75 instead of $150 for repairs. The testimony fully sustains the finding of $75, and there was no error here.
The judgment is affirmed.
Reference
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- Donaldson v. Temple.
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- 1. Mortgages — Deed Intended as Mortgage — Relief—Rental Value. —Where defendant rightfully went into possession under a deed intended as a mortgage, but failed to improve the property as agreed, the purpose of the transfer being to secure the defendant for money to- be spent in making improvements, thereby causing plaintiff to lose a good tenant and the property to deteriorate, the Court, on declaring the deed a mortgage, properly charged defendant with the rental value of the property. 2. Mortgages — Declaring Deed a. Mortgage — Relief.—Where defendant went into possession of a hotel building under a deed and failed as agreed to advance money for repairs and improvements, and in the management of the same bought furniture, the Court, on declaring the deed a mortgage, properly refused to allow defendant a monthly rental for the furniture; plaintiff having lost a good tenant through defendant’s failure to advance the money for the repairs and improvements.