Buswell v. Davis

10 N.H. 413
CourtSuperior Court of New Hampshire
DecidedDecember 15, 1839
StatusPublished
Cited by1 cases

This text of 10 N.H. 413 (Buswell v. Davis) is published on Counsel Stack Legal Research, covering Superior Court of New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Buswell v. Davis, 10 N.H. 413 (N.H. Super. Ct. 1839).

Opinion

Parker, C. J.

We do not perceive any ground upon which the defendant is entitled to put in evidence his own stateménts of what passed between the plaintiff and himself; made to third persons when the plaintiff was not present ; and respecting which the plaintiff has introduced no testimony on his part. The declarations of the defendant to the attorney who made his writ, (stating what had previously passed between himself and the plaintiff, and similar, in effect, to the allegations of the answer upon this point,) were not against his interest; do not in any way tend to give a character to his order for a writ, and for an attachment of the land; nor do they elucidate or explain the act of procuring the writ. That act explains itself. The statements seem to have been the defendant’s account of what had transpired at a previous time, which induced him then to act; but they are not, of themselves, part of what was then transacted, having a bearing upon this case. 8 N. H. Rep. 260, Gordon vs. Shurtliff; Sessions vs. Little, (9 N. H. Rep. 271;) Gresley’s Eq. Ev. 219, 232. If, however, the evidence was weighed, it could not alter the case. Evidence of the defendant’s declarations in his own favor, at such a time, could not outweigh evidence offered by the plaintiff, of his declarations made before and afterwards.

The merits of the case depend upon the conversation which was actually held between the plaintiff and the defendant, and the advice which the latter gave in consequence of the plaintiff’s application to him. There is no controversy between the parties relative to the existence of the debts and mortgage ; the change of the security; or the time it was changed j nor respecting the existence of the defendant’s debt, and his attachment of the land in question.

[423]*423It appears that the plaintiff held a note, signed by Damon and others, payable to Estabrook, and indorsed by him. It was understood that the note was an accommodation note, and that the debt was in fact his. To secure the signers for this and other liabilities, a note and a mortgage of the premises, the title to which is now in question, were made to some of them ; and this had been assigned to the Merrimack County Bank, to secure debts there. Estabrook had failed, and the equity of redemption seems to have offered no security to any of his creditors. The defendant, who had a debt on which he had obtained judgment, and which was secured in part by a mortgage of other property, had not seen fit to levy upon, or attach it. Under these circumstances, an agreement is made between Estabrook, and those who were under liabilities for him, the plaintiff, and the bank, by which the mortgage then in the possession of the bank was to be discharged, and other security made to the bank ; the plaintiff was to give up the note he held, and take a mortgage of the same property ; a further mortgage was to be made to one of the sureties, and other security in some form was to be given for the remainder of his liabilities to them. This agreement was carried into execution. It took a considerable portion of the day and evening to draw the writings, and perfect the arrangement. After the parties to it had begun to carry it into effect, the defendant caused the land to be attached, and this was not known to the plaintiff and others until their agreement was completed and the deeds recorded.

As the matter now stands upon the records, the mortgage given to secure Damon and Stickney, for their liabilities, and which was assigned to the bank, is discharged ; and the defendant has an attachment upon the land, made some hours before the plaintiff’s mortgage was executed and recorded ; and this results not from any payment of any debt having been made by Estabrook, to any of the parties, but from an arrangement for a mere change of securities between [424]*424himself and some of his creditors, the plaintiff being one, by which the plaintiff was to have had a mortgage of this land free from any incumbrance.

If the attachment of the defendant is a valid security as against the plaintiff, he has derived a benefit from this alteration of the security, which it was not intended he should have had.

We are not required to give an opinion upon the question, whether a creditor can, by means of an attachment, avail himself of the benefit of a mere change of mortgages, in a case where he had no knowledge that such change was intended, but designed merely to avail himself of his right to attach the equity in redemption. If in such case the change was to his prejudice, the mortgage substituted being of a greater amount than that previously existing, he might well contend that his rights could not thus be affected by transactions to which he was no party, and of which he had no notice. Even if the new mortgage upon the land was of less amount than that previously existing ; still, if he had no knowledge respecting the intention to make an exchange, and attached in good faith, he might, perhaps, well claim the benefit of the accidental advantage he had derived, and hold the land discharged wholly from incumbrance, because the prior mortgage was removed, and the new one executed subsequent to his attachment. We do not undertake to say that such would be the result.

Nor is the case presented one where the attaching creditor has mere knowledge that a change of security is intended, and attaches with an intention of availing himself of the change, by interposing his attachment before the new mortgage, in case the parties to the contemplated change shall perfect it, without the caution of examining the records, to ascertain whether any creditor has attached. That would be a much stronger case than the other ; but whether the creditor might not, in such case, legally avail himself of the want of caution, asserting his right to attach, and take the [425]*425chance of the removal of the existing incumbrance, so long as he in no way participated in advising to the change itself, is a question we may pass by at this time.

The evidence carries the present case still further. The answer of the defendant shows that he had good reason to believe that such a change was probably in progress, and admits that the plaintiff had applied to him, stating that Estabrook had proposed to remove the incumbrance from this or another lot, and to give him a mortgage, and wishing to advise with him on the subject, and that he informed the plaintiff he should consider either of those lots, free from incumbrance, abundant security for his debt. But he avers in his answer, that he at the same time informed the plaintiff that he had himself made some examination of the records, and then had his eye upon the property, with the intention of securing his own debt, which was only partially secured— that he further told the plaintiff, if he would rely upon his advice he would not allow him to take any course by which he should be injured — that the plaintiff was to call on him again, before making any arrangement, but did not — that he twice sought an interview with the plaintiff, without success — .and that afterwards, on the 31st of August, seeing the plaintiff passing to and from Estabrook’s store, he concluded he had determined to act without consultation with him, and perhaps in a manner to defeat his plan of securing his own debt in the way he had in part disclosed to the plaintiff; whereupon he thought it proper to take care of his own interest, and made the attachment.

The evidence however fails to sustain him in this part of the case.

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Bluebook (online)
10 N.H. 413, Counsel Stack Legal Research, https://law.counselstack.com/opinion/buswell-v-davis-nhsuperct-1839.