Burn v. Administrators Poaug

3 S.C. Eq. 596
CourtCourt of Chancery of South Carolina
DecidedNovember 15, 1813
StatusPublished

This text of 3 S.C. Eq. 596 (Burn v. Administrators Poaug) is published on Counsel Stack Legal Research, covering Court of Chancery of South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Burn v. Administrators Poaug, 3 S.C. Eq. 596 (Conn. Super. Ct. 1813).

Opinion

Chancellor James.delivered the following decree :

This is an injunction case, the history of which may he collected from the hill and answer. The Judge who granted the injunction, has stated <5 that complainant 0 ■’ _ 1 was entitled to an adjust at 0* his discounts, and statement of the amount m his debt in equity,” and ing of the same opinion, I directed the case to be referred to the master. He has reported the discounts, and the balance which he thinks due; and the whole merits of the case now come before me, in the shape of exceptions to the master’s report. Exception 1: On this it appears, that the payments of 701. on the 12th of No-veniber, 1798, and that of 100Í. on the 13th of April, 1799, were made on the bond of William Turnio, before the decree made for the payment oí\tlie annuity, which was not until May, 1808 ; that therefore the said two sums are to be credited as discounts on the first wiping off the interest, according to the established practice in such cases. Exception 2 : The payment 50l. on the above bond was agreed to be proved or 4 • ” 7 proved by the evidence of Milhain Robertson, witness believes that William Tunnodid not direct him to credit the said 50J. on the bond, or he would hare donoso. That as an attorney he had a demand against Tunno, in behalf of Alexander Inglis, on which he thinks he credited the payment. Wow it was Tunno's business to direct on what debt the payment should be made ; and as he did not, the witness was at liberty to credit it on any other demand against him ; at all events lie may call Robertson to an account, and not the defendants. Therefore as the rights of complainant, the security, are in this instance the same as Tunno's, this discount is not established. Exception 3 : On this the [602]*602complainant contends that he is to be allowed a discount f°r the money paid by Bremar on the annuity. By the decree of the Court, the annuity was the first cncum-hrance °n the house; ánd this was an encumbrance of which Tunno, the complainants principal, had full notice. He therefore might have taken it up, and thereby charged the defendant ; but he paid nothing, and the complainant stood in his shoes. How then is he to be allowed any thing ? Tunno was the first mortgagor, Bremar the second $ and to secure himself, he (Bremar) was perfectly right to disencumber the house, which he had purchased, by paying off a prior encumbrance. It makes no difference as to Tunno, whether the said encumbrance was that of the annuitant or that of the defendants who represent the first mortgage, and hold the second encumbrance. This discount therefore, cannot "be allowed. Wherefore the report of the master is confirmed, and the injunction must be dismissed at the costs of complainant.

From this decree an appeal was made. The appeal was heard at the sitting, of the Court in March, 1814. It was argued by Mr. Ogden and Mr. Ford for the appellant, Colonel Burn, that the laches in this case had been very great. The bond of Tuiino and Burn was dated in March, 1794 ; it was payable by instalments in 1797 and 1798 •, no suit was brought on it against Tunno, the principal, till the year 1801, and that was discontinued in 1804. The first demand on Col. Burn, the surety, was in the year 1809, when a suit was instituted against him. The principal was solvent many years $ he did not take the benefit of the insolvent debtors’ law till 1805. This long responsibility of the surety was produced by the delays and transactions between the debtor Tunno and the creditor Poaug and his representatives. The surety had a right to require that the ■ principal should be sued in a reasonable time* The suit was not brought till tliree years after the whole ho ¡id was due, and then ineifectnally, for the suit was disqon-tinued. This laches discharges the surety. It was essentially an extension of th^ credit of the debtor, at the risk of the surety. Injury might have resulted to the security, and has in fact done so, from the delay ; therefore he ought not to he held liable. See the case of Butler and Hamilton, the comptroller-general, decided in this Court. 1 Domat. 399, 400, 8§. Pothier on Oblig. 230, §370, 235, §377; 2 Bro. C. C. 578, Nesbet v. Smith ; 2 Yesey, 540, Rees v. Barrington; 4 Yesey, 824, Law v. E. I. Company ; New-York Cases in Error, p. 1, Ludlow v. Simond ; 7 Johnson, 332 ; 2 Hen-ning and Mumf. 116 j 1 Fonbl. 406.

[602]*602WiiiMAM D. James.

Mr. Wm. Ce.apts, jun. for the representatives of the John Poaug, contended that they were entitled to enforce their judgment on the bond ; for that all that Tun-no and his surety in the bond had a right to require either injustice or under the agreement, was. to he indemnified against the operation of the annuity on the house and lot, for which the bond was given. That this had been done ; for Bremar the purchaser from Tunno had paid great part of the arrears, and he had been reimbursed by the representatives of Poaug. This as far as the payment went was a satisfaction of the annuity ; and it was immaterial to Tunno and his surety how or by whom it was satisfied. Tunno’s payment on his bond was suspended only till the annuity was satisfied , that has been done, and he and his surety were now bound to pay the whole bond, the price of the house.. And Mr. Paekee, the attorney of Colonel Burn, considered the agreement complied with. As to the laches, there is no ground for the complaint, for no injury has resulted. Tunno was insolvent before the suit against him was discontinued. But this case does not come within the rules for the relief of sureties. Chief Justice Elsworth dismissed all the applications for sureties on the ground of laches in pursuing the He said the indulgence was a favor. The case of Shubrick v. Russell, decided in this Court, has settled this point.

The Judges of the Court of Appeals being divided in their opinions, delivered the following :

This is an appeal from the Circuit Court for having dismissed an injunction which the complainant had obtained, to restrain the defendants from proceeding at law to enforce a judgment on a bond given by William Tunno, with the complainant as security, for the purchase of a house by Tunno from J. Poaug, deceased. The complainant claims relief against the bond upon two grounds. 1. That Mr. Poaug and his administrators, the defendants have not been sufficiently diligent in endeavoring to procure payment from the principal, Mr. Tunno, and that on account of their unreasonable indulgence to him the complainant as surety ought to he discharged. 2. That if he is not entitled to a discharge on the first ground, yet that lie is entitled to a discount for the amount of an annuity to Elizabeth James charged exclusively by a decree of the Court of Equity on the house for which the bond was given, the amount of which it is alleged exceeds the sum due on the bond. There is no difference of opinion as to the first ground, A surety will he released where an obligee docs some act which varies the terms of the original contract; as by extending the term by some written agreement, or by any other act which is in its nature injurious to the surety. But a mere forbearance to sue is not such an act 5 it is often a benefit both to the surety and the principal, and if the surety apprehends otherwise, he should apply to a Court of Equity and compel the obligee to sue. On the second ground wc do not all agree, and as different conclusions are drawn from the same facts, it is importantthatthesc should be distinctly stated. Mrs.

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3 S.C. Eq. 596, Counsel Stack Legal Research, https://law.counselstack.com/opinion/burn-v-administrators-poaug-ctchansc-1813.