Sprague v. Ireland
Sprague v. Ireland
Opinion of the Court
In 1855 Campbell conveyed to Thornton by deed of trust a certain lot of land to secure the payment of certain notes due in 1857. In 1857 he made another trust deed to Parrish to secure the payment of other notes. In 1866 Parrish sold the property under the second deed of trust to one of the plaintiffs in error, and in 1869 Thornton sold the same property under the first deed of trust to the defendant in error, who brought suit in the District Court against the lessee of the purchaser under the second deed of trust, and obtained a judgment, upon which a writ of error was sued out and the cause brought to this court for revision.
The main question for decision is, could the trustee under the first deed sell the property and make a good title, after the notes, to secure the payment of which the deed was executed, had become barred by the statutes of limitation; or rather, could he execute the trust after a suit on the debt would be barred? There is, however, a preliminary question raised, which we think Article 4629, Paschal’s Digest, has settled, that “ the statute of limitation of this State shall not be made avail- “ able to any persons, in any suit in any of the courts of this “ State, unless it is specially set forth as a defense in their “ answers.”
There is no question in regard to the validity of the first trust deed, when executed, and it is admitted that the debt, to secure which the deed was executed, has never been paid, and the only defense against the sale under the deed of trust is, that the debt was barred by the statute of limitation, and that therefore the trustee had no power to sell. This would certainly be
There is one other equitable view of this case. At the time the second deed of trust was executed, the first deed was on record and notice to the world, and it is not claimed that at that time the first deed was not in full force and effect. It may therefore be a question of no small moment in deciding the equities of this case, to determine, under the circumstances, what rights and interest were conveyed by the second deed of trust, and what interest the plaintiffs in error received under their purchase.
Ho error is discovered in the judgment of the District Court, and it is therefore affirmed.
Affirmed.
Reference
- Full Case Name
- J. A. Sprague and another v. John Ireland
- Status
- Published
- Syllabus
- In 1855, one C. conveyed land to a trustee, to secure payment of notes due January 1st, 1857; and the deed was duly recorded on the day of its-execution. On the 18th of April, 1857, C. made a second deed of trust on the same land, to secure other notes, payable at nine, eighteen, and twenty-one months thereafter ; and this deed also was duly recorded. In 1866, the trustee under this second deed sold the land to the defendant and appellant. The trustee under the first deed sold the land to the plaintiff and appellee in 1869 ; at which timé limitation had barred suit on the notes secured by this deed, and admitted to be unpaid. Held, that notwithstanding the notes secured by the first deed were barred at the date of the sale to the plaintiff, yet the trust and power of sale vested in the trustee by that deed were not barred or extinguished, and his sale vested in the plaintiff a good title as against the defendant, who purchased under the second deed though at the first sale. (Fisk v. Wilson, 15 Texas, 430, and Ware ®. Bennett, 18 Texas, 794, cited by the court.)