Cohen v. Jenkins
Cohen v. Jenkins
Opinion of the Court
delivered the opinion of the court. ,
W. E. Jenkins, claiming title to a storehouse and lot in Pocahontas, Va., contracted in writing to sell it to B. M. Cohen for $4,000, of which $3,000 was to be paid in cash on the day after the council of the town of Pocahontas granted Cohen a license to sell whiskey in the building, and $1,000 to be paid “when the title to said property had been
The vendee took possession of the property, conducted the liquor business there for two years, and since then has rented it to a tenant for $50 per month. He has always claimed, however, that there were defects and imperfections in the title, and therefore has refused to pay the balance of the purchase money due, and the vendor instituted this suit therefor, alleging the non-residence of the vendee and praying that an attachment in equity be levied on the property which he had conveyed.
It is claimed that because F. E. Catlett, who was one of the judgment debtors, removed to West Virginia in the year 1901, where he died about June or July of that year; that, therefore, the statute ceased to run against this judgment from the time of such removal, and McClanahan v. N. & W. Ry. Co., 118 Va. 388, 87 S. E. 731, is cited. That
That section (2933) contains this proviso: “But this section shall not avail against any other person than him so obstructing, notwithstanding another might have been jointly sued with him if there had been no such obstruction.” As to this proviso, this is said in the case of McClanahan v. N. & W. Ry. Co., supra: “Had the sentence stopped with the words ‘so obstructing,’ the argument in their favor would certainly have been stronger, but it does not stop there, but proceeds, ‘notwithstanding another might have been jointly sued with him if there had been no such obstruction,’ which shows clearly, we think, that the legislature had in mind a suit in which there was more than one defendant, one of whom left the Commonwealth, we will say, and by so departing obstructed the plaintiff in the prosecution of his right, while the other remained in the Commonwealth and did no act to obstruct the remedy as to himself.” If we correctly interpret this language, the opinion in that case accords with the view which we have just expressed.
As to the two deeds of trust, it appears that the right to enforce one of them accrued on the 10th day of May, 1894, and hence was barred on the 10th day of May, 1914, and the right to enforce the other accrued on the 14th day of
The other question is as to whether the $1,000 deferred purchase money should bear interest. There is some confusion in the authorities, but we do not regard the question as an open one in Virginia.
This is said in Selden v. James, 6 Rand. (27 Va.) 470, 521: “The appellant was always ready and willing to pay the money, .if he could have gotten indemnity. Without
The inquiry is not as to which party is at fault, and therefore to be penalized, but simply what is fair and just to both parties. A vendee put in possession without having paid all of the purchase money promised, as a general rule, in the absence of express contract relieving him from interest is held not entitled to retain all of the rents, profits and use of the property and at the same time to be relieved from interest upon the unpaid purchase money of which he also has the use. The rents and profits generally exceed the interest, and this is true in this instance. If he does not desire to pay such interest, his remedy is clearly pointed out. • He may, if he wishes to do so, set the money aside by deposit in bank, or otherwise, for the purpose of paying the debt, and notify the creditor that he has done so, and thus, where he is not in default, relieve himself from the payment of interest. If he does not do so, the inference is that he is using the money for his own benefit, and it is, therefore,', held that in good conscience he ought to pay interest thereon. The trial court followed the settled law in Virginia. See Barnett v. Cloyd’s Ex’r, this term.
Affirmed.
Reference
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- 1. Limitation of Actions — Judgments and Decrees — Absence of one Judgment Debtor From State. — A judgment was recovered, docketed and execution issued in December, 1896, against two co-partners. Execution was returned “no property found” in January, 1897. A second execution was issued in 1900, which’ was never returned. One of the judgment debtors removed to another State in 1901, where he died the same year. Held: That notwithstanding the removal of- one of the .judgment debtors, the judgment was barred as against the judgment debtor remaining in the State, who had not in any way or at any time ever obstructed the collection of the judgment within the meaning of section 2933, Code of 1904, before January, 1918. 2. Mortgages and Deeds of Trust — Limitation of Actions — Removal of Debtor from State. — Section 2935, Code of 1904, provides that no deed of trust or mortgage hereafter given to secure the payment of money, and no lien hereafter reserved to secure the payment of unpaid purchase money, shall be enforced after twenty years from the time when the right to enforce the same shall have first accrued. This creates an absolute bar to any proceeding for the enforcement of a deed of trust or mortgage after twenty years from the time the right to enforce it accrued (except those executed by a corporation, or otherwise expressly excluded by the statute). Section 2933 of the Code of 1904, which excludes the time during which a person obstructs a right by leaving the State, etc., has no application to liens created by such deeds of trust or mortgages. The absence of the debtor from the State in such cases creates no obstruction of the right to subject the property to such liens by every way and means which would be available if the debtor were in the State. 3. Vendor and Purchaser — Vendee in Possession — Interest on Purchase Money. — A vendee put in possession without having paid all of the purchase money promised, as a general rule, in the absence of express contract relieving him from interest, is held not entitled to retain all of the rents, profits and use of the property and at the same time to be relieved from interest upon the unpaid purchase money of which he also has the use. 4. VENDOR and Purchaser — Vendee in Possession — Interest on Pwr-chase Money Retained by Vendee Until Title is Satisfactorily Cleared. — A vended put into possession of the land purchased is bound to pay interest on the balance of purchase money unpaid, though, by the contract, the vendor binds himself to make said vendee a good and lawful title to the land before he calls upon him for the unpaid purchase money, or though the vendee’s contract is to pay the balance of the purchase money when a good title to the property is made to him. 5. Vendor and Purchaser — Vendee in Possession — Interest on Purchase Money. — If the vendee in possession does not desire to pay interest on the balance of the purchase money due, he may, if he wishes to do so, set the money aside by deposit in bank, or otherwise, for the purpose of paying the debt, and notify the creditor that he has done so, and thus, where he is not in default, relieve himself from the payment of interest. If he does not do so, the inference is that he is using the money for his own benefit, and it is, therefore, held that in good conscience he ought to pay interest thereon,