Autrey v. Whitmore
Autrey v. Whitmore
Opinion of the Court
—It is recognized as a correct principle of law, that a vendor of real estate has an equitable lien thereon, to secure the payment of the purchase-money, and this lien exists against the vendor and all subsequent purchasers with notice, actual or constructive. (1 Tex., 329; 4 Tex., 13; 12 Tex., 13; Story’s Eq., §1216-1226.)
This is the doctrine of courts of equity. Its origin dates back beyond the system of registration, now so universal in this country, and it may be safely said, that the reasons which gave rise to it no longer exist. Hence it is that some of our most eminent jurists, while greatly deploring the existence of such a doctrine, admit that it is now too firmly engrafted on our system of jurisprudence to be disturbed otherwise than by legislative action.
It seems to us, therefore, that a rule which gives rise to vague and conflicting equities, to uncertainty and confusion in titles, ought not to be extended, so as to embrace a class of cases specially provided tor by direct and positive statutory provisions. Neither natural justice nor necessity requires it.
It follows, then, in our view, that the doctrine of “ vendor’s lien ” does not apply in this state to sales of real estate by an administrator under the orders of the probate court. The administrator is required to “take a mortgage upon the property sold, to secure the payment of the purchase-
Affirmed.
Reference
- Full Case Name
- Isham Autrey, Adm'r v. G. S. Whitmore
- Status
- Published
- Syllabus
- It is recognized as a correct principle of law, that a vendor of real estate has an equitable lien thereon to secure the payment of the purchase-money, and this lien éxists against the vendee and all subsequent purchasers with notice, actual or constructive. (1 Tex., 329; 4 Tex., 13; 12 Tex., 13; Story’s Eq. Jur., secs. 1224-1230.) But as the administrator who sells the real estate of his intestate is required to take a mortgage upon the property sold to secure the payment of the purchase-money, if he fail to do so, although the fact of the note be recited in the deed, the vendor’s lien is not retained, and it cannot be enforced against a purchaser from the vendee.