Administrator of Wildrick v. Swain

34 N.J. Eq. 167
CourtNew Jersey Court of Chancery
DecidedMay 15, 1881
StatusPublished

This text of 34 N.J. Eq. 167 (Administrator of Wildrick v. Swain) is published on Counsel Stack Legal Research, covering New Jersey Court of Chancery primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Administrator of Wildrick v. Swain, 34 N.J. Eq. 167 (N.J. Ct. App. 1881).

Opinion

Van Fleet, V. C.

This case presents but a single question. The suit is brought to foreclose a mortgage. The defendant admits a debt of $350, but the complainant claims a much larger sum. The dispute is confined to the question as to what sum the complainant is entitled to recover.

The mortgage in suit was executed April 10th, 1850, by Abram Wildrick and Isaac Wildrick to Susan Wildrick. The mortgagors were the step-sons of the mortgagee. The mortgage was given to secure the payment of a bond, made by Abram and Isaac, to Susan, in the sum of $2,000, with condition that the obligors should pay the obligee $120 each and every year during her life. The bond was intended to provide an equivalent for the mortgagee’s interest as dowress in the lands mortgaged. Susan died August 3d, 1875, at the extraordinary age of one hundred and one years. All the annual payments accruing prior to April 1st, 1873, are receipted on the bond. The receipts dated prior to April 1st, 1869, are all signed by Susan by a mark. She could not write. That dated April 1st, 1869, and those of subsequent dates, are unsigned. They were all written by Isaac Wildrick, one of the obligors. With one or two exceptions they admit payment in full to date. That of 1861 may be taken as a fair specimen of the whole. It is in these words : “Reed. April 2, 1861, one hundred and twenty dollars in full to date.” It is admitted that the sums stated in the receipts were not wholly paid in cash. What transpired when the receipts were given is thus described by Isaac Wildrick, who, as already stated, drew all the receipts :

She [Susan] always told me how much money sue wanted, and I paid her what she told me, and paid the rest in notes ; she was satisfied with the settlements by notes and money; she always said she was satisfied with the settlements.”

[169]*169And as to the circumstances under which the notes were accepted, he testified as follows :

“ Q. Did Mrs. Wildriek ever say to you, when you went to settle the interest and you gave her the notes you have testified to, that she never expected or intended that you should pay her the interest you owed her when you gave her these notes ? A. She never said to me that she took the notes as pay ; how could I tell what she expected ? Q. Did she ever say, I’ll take the notes as pay ?’ A. Yes, sir; she took the notes as pay, and we settled so every year; that is what she said. Q. Did she say, every year, she took the notes as pay ? A. I would not say every year, but she would bring the bond out, and we would settle every year, part in cash and part in notes ; that is the way we settled. Q. Did she ever say the notes were to be a final settlement, if they were never paid ? A. No such question was ever asked her.”

The first receipt was given in 1854, when Mrs. Wildriek was about eighty years of age, and the last in 1872, when she was nearly ninety-eight. The course of dealing, as described by Isaac Wildriek, shows that his step-mother reposed the utmost confidence in him; she allowed him to draw the receipts, to select the language in which they should be couched, and to transact the whole business in his own way. There was no dealing at arm’s length, but Mrs. Wildriek did whatever her stepson requested, believing he would not allow her to do anything which might imperil her rights. The relation and character of the parties were such as were likely to inspire a blind confidence on her part. She was the widow of his father, and had a right to rely upon his protection. She was ignorant of the methods of doing such business, and very illiterate. He was a man of affairs, having considerable prominence both as a business man and a politician. He and his brother were the owners of a large amount of property, and were engaged in enterprises of considerable extent. -He had been the recipient of repeated expressions of public confidence,'having been advanced, by regular gradations, from the office of constable to that of representative in the congress of the United States.

The proposition is quite elementary that the acceptance of the promissory note of a debtor, for a precedent debt, will not operate as a discharge or satisfaction of the debt, unless it is agreed [170]*170that such shall be its effect. In Schanck v. Arrowsmith, 1 Stock. 323, Chancellor "Williamson declared ■ that the principle was firmly established that the taking of an additional or other security, of inferior or equal degree, would not ipso facto discharge a lien which attached by reason of an original security. He-further said :

“If the original security is actually canceled, or the lien created by it formally released, of course no resort can be had to it. It is always a question of intention, sometimes to be ascertained by the legal construction of written instruments, and sometimes by the circumstances of the case.”

The New York adjudications go one step further in protecting the right of the creditor to his original cause of action. It is there held that the acceptance by a creditor of a new promise from his debtor to pay a pre-existing debt, affords no defence whatever to a suit on the original cause of action, even if the creditor expressly agrees that the new promise shall operate as a satisfaction of the old. And the reason assigned for refusing to give legal efficacy to the promise of the creditor is that it has no consideration to support it, being a mere nudum .pactum,. Frisbie v. Larned, 21 Wend. 452; Cole v. Sackett, 1 Hill 516; Waydell v. Luer, 5 Hill 449; S. C. on error, 3 Denio 410; Rice v. Dewey, 54 Barb. 455. A rule, the exact opposite of that just stated, prevails in Massachusetts, and also in Maine. There, the law presumes, when a debtor gives his creditor a negotiable promissory note for an antecedent debt, that the creditor’ accepts it in satisfaction of the original cause of action. 2 Pars, on Notes 150, note (a). The rule in force in this state is the one first stated, viz., that a new promise does not discharge the original cause of action, unless it is shown that the parties agreed that such should be its effect. Freeholders of Middlesex v. Thomas, 5 C. E. Gr. 41; Hutchinson v. Swartsweller, 4 Stew. Eq. 205. An agreement of that character may be established, either by proof of an express contract, or by proof of circumstances which will justify its implication.

The vital question, then, of this case is, has it been proved! that Mrs. Wildrick accepted the notes which were given for [171]*171moneys accrued on her bond, with an agreement on her part that her acceptance of them should discharge the lien of her mortgage ? The burden of this issue is on the defendant. He asks the court to believe that this old woman, for a period of over twenty years, fully understanding what she was doing, annually consented to accept mere paper promises in satisfaction of her mortgage, though none of them were ever fulfilled, and though, when she accepted the last, the aggregate amount of those previously accepted exceeded the penalty of her bond.

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Related

Rice v. Dewey
54 Barb. 455 (New York Supreme Court, 1862)
Frisbie v. Larned
21 Wend. 450 (New York Supreme Court, 1839)
Waydell v. Luer
3 Denio 410 (Court for the Trial of Impeachments and Correction of Errors, 1846)
Kulp v. Ricketts
3 Grant 420 (Supreme Court of Pennsylvania, 1863)
Steinhardt Bros. & Co. v. Cohen
98 A. 637 (New Jersey Court of Chancery, 1916)

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Bluebook (online)
34 N.J. Eq. 167, Counsel Stack Legal Research, https://law.counselstack.com/opinion/administrator-of-wildrick-v-swain-njch-1881.