Lindsey v. Thompson
Lindsey v. Thompson
Opinion of the Court
delivered the opinion of the Court.
The plaintiff in error became the stayor upon two judgments rendered by a Justice on the 19th January, 1861, in favor of the defendant in error against ~W. Barrow. At the expiration of the stay, executions were issued and levied upon the real estate of Barrow, and
John Thompson v. W. Barrow, et al.)
The defendants appear by their attorneys, and the plaintiff being called to come into Court and prosecute his suit, failed to do so. Therefore, it is considered by the Court that the defendants go hence and recover of the plaintiff their costs in this behalf expended, for which execution was issued.
On the 24th October, 1866, W. Barrow died, and on the 20th of November following, alias executions were issued against the plaintiff in error, which were superceded and brought before the Circuit Court by this proceeding — Barrow’s estate now being insolvent. The theory of the defence, as presented in the petition, seems to have been that this levy upon real estate sufficient to discharge the debts, was in law a satisfaction, and therefore that the petitions as stayor was discharged. This point is, however, surrendered here, and the release of Lindsey is claimed, upon the ground that Thompson, the plaintiff in the executions, after fixing his lien upon the property of the princi
It is a general rule that the Court can not consider, in these applications, any ground of relief not set forth in the petition. But in this case no exception was taken below to the form or substance of the petition by motion to dismiss or otherwise, and by an agreed statement of facts and by instructions asked of the Court to be given the jury. The questions now presented were squarely made and determined against the petitioner. And in this state of the case we must take it that the parties have waived all technical exceptions, and are estopped from asserting in this tribunal that the question is not raised by the petition. We feel bound, therefore, to consider all proper amendments to the petition as made, and to determine the question upon its merits, whether the facts stated and agreed, do in law amount to a release of the stayor. The only points of law upon which the Court was asked to instruct the jury were:
1. “Whether the failure of the plaintiff to secure the condemnation of the land levied upon after executions had been returned to the Circuit Court for that purpose, (notwithstanding the fact that the proceedings for that purpose were finally dismissed by the defendant Barrow) would relieve the stayor, Lindsey.”
The Court charged the jury that neither of the facts stated would amount to a satisfaction of the original judgment, nor relieve the stayor from his liability. We see no error in these instructions. Upon
The rights and remedies, as well as the liabilities of the stayor under our statutes, are assimilated in many respects to those of an ordinary surety against whom judgment has been rendered. Though he has gone forward and voluntarily confessed judgment for the debt of his principal, yet the same equities attach to the relation thus created as between them and the creditors, as belong to the common relation of principal and surety. The remedy is, generally, in a Court of Equity, though we do not undertake to say that the question might not be properly cognizable in a Court of Laws, especially under the liberal provision of our statute law. Code 4,236. Independent, however, of our statute, which provides that in the absence of a demurrer to the jurisdiction any suit of an equitable nature brought in the Circuit Court, may be heard and determined there, it is the common doctrine of the Courts of the country that every defense which would discharge a surety in equity, is recognized as valid by the Courts of law. 2 Am. Lead. Case, 147. We have been referred to no authority in this State or elsewhere, directly applicable to this kind of case, and it must therefore rest upon its own facts. We understand the principle to be, as often recognized by this Court, that “a creditor must, in all transactions with the principal debtor, act with the most perfect good faith toward sureties, and if he do any act injurious to them or inconsistent with their rights, or omits
Affirm the judgment, and let judgment be entered here.
Reference
- Full Case Name
- J. B. Lindsey v. John Thompson
- Status
- Published