Bank of Chatham v. Waldron
Opinion
delivered the opinion of the court.
On July 9, 1920, J. M. Waldron executed a note due on demand and payable to the order of J. J. Patterson. On April 12, 1922, on request of the note holder, and pursuant to the provisions set forth on the face of the note by his attorney in fact, N. E. Clements confessed judgment before the clerk of the Circuit Court of Pittsylvania county. Execution was issued on the judgment, but on instructions given by the owner it was held in the clerk’s office and no return was made thereon. No other execution was issued.
At the time the note was executed Waldron was a resident of Pittsylvania county and owned an undivided, remainder interest, subject to the life estate of another, in a tract of land containing 236 acres. After the note was executed and before judgment was confessed, Waldron became a resident of Washington, D. C.
The Bank of Chatham, by assignment, became and is now the owner of the judgment debt.
In August, 1946, after the death of the life tenant, the other owners of the 236 acre tract instituted a suit for partition. The Bank of Chatham filed its petition in the suit alleging that its judgment against Waldron was a lien against his interest in the land and praying that its lien be enforced in the suit. The commissioner in chancery, to whom the cause was referred to take account of the liens and priorities, reported the judgment a valid lien against Waldron’s interest in the land.
The chancellor sustained the exceptions to this part of the commissioner’s report and entered a final decree declaring that the judgment lien was barred by the statute of limitations and unenforceable. From that decree this appeal was allowed.
The decisive question presented is whether the amendments to Code section 5825 adopted in 1936 and 1938 (Acts 1936, p. 251; Acts 1938, p. 8), providing that the mere [70] removal of a judgment debtor from the State shall not toll the pertinent statutes of limitation
Footnotes
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49 S.E.2d 277 (Bank of Chatham v. Waldron) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.