Caldwell v. Caldwell
This text of 72 So. 621 (Caldwell v. Caldwell) is published on Counsel Stack Legal Research, covering Supreme Court of Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
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The decree now under review observed these directions in ascertaining the sum to be contributed by the heirs, respectively, as a condition to the right to redeem from the Moody mortgage; the respective sums being limited to the value of the lien on February 8, 1897. It is now insisted that this court was in error in restricting the value of the respective liens to the date fixed by the contract creating the liens on the respective lots. Further consideration leads to that conclusion — to the conclusion that the limitation as made was founded in error. The theory upon which the amended cross-bill was found to assert a sound equity lay in the manifest inequity of permitting a tenant or tenants in common to have the title to his or their respective allotments of the land established through contribution to redemption in solido without reference to a contractual. lien or liens outstanding in favor of his or their cotenants on his or their respective allotments of land, when in the proceeding to effect the right to contribute to redemption, in solido, and to redeem no obstacle intervened to prevent the adjustment of the respective obligations of the co-tenants electing to participate in the redemption. Whether [213]*213the cotenants of D. K. Caldwell, from whose agreement and contract with Moody, the mortgagee, they might derive a benefit, would participate in the redemption is a matter for their respective elections. — Savage v. Bradley, 149 Ala. 169, 43 South. 20, 123 Am. St. Rep. 30; Calwell v. Caldwell, 172 Ala. 216, 230, 231, 55 South. 515. The effect of the recognition of the stated equity asserted in the amended cross-bill was to introduce that as a condition to the right of the cotenants of D. K. Caldwell to elect to contribute to and participate in the redemption of the Moody mortgage. Since this condition to participate in the redemption has reference to and effects the right to contribute to the redemption in solido to the end that the cotenant electing to so participate may have the title to the lot assigned to him invested in him, the value of the lien — upon the lot assigned by the division to the cotenant electing to so participate by meeting the stated condition to the right to contribute to the, redemption — should be ascertained and fixed as of the time (the date) the redemption is effected. This conclusion necessitates the ascertainment of the value of the respective lots assigned to those of the cotenants who elect to participate in the redemption at a date to be hereafter fixed by the chancellor. It also results from this conclusion that no charge for rents, incomes, or profits (other than charges for waste or timber removed) from the lands covered by the Moody mortgage should be imposed or set against any of the parties or their successors in right. Since the “home place” is not included in the Moody mortgage, from which the redemption is sought, no rental for the use or enjoyment thereof should be charged.
The decree is reversed, and the cause is remanded.
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Cite This Page — Counsel Stack
72 So. 621, 197 Ala. 210, 1916 Ala. LEXIS 83, Counsel Stack Legal Research, https://law.counselstack.com/opinion/caldwell-v-caldwell-ala-1916.