Coxe v. Halsted

2 N.J. Eq. 311
CourtNew Jersey Court of Chancery
DecidedApril 15, 1840
StatusPublished

This text of 2 N.J. Eq. 311 (Coxe v. Halsted) 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
Coxe v. Halsted, 2 N.J. Eq. 311 (N.J. Ct. App. 1840).

Opinion

The Chancellor.

All the defendants who have any direct, interest in the question, have united in a petition that the sale made by the master in this case may be set aside. The sale was made under a fi. fa. issued on the 9th of August, 1839, returnable to the term of October thereafter. The amount to be raised by the execution was large, being about sixteen thousand dollars, and the property to be sold consisted of distinct parcels. The master has made two sales on this execution, the first on the 26th of November last, and the second on the 30th and 31st of March last. At the first sale the greater part of the property was purchased by the defendants, who failed to comply with the terms of the sale, and a resale was therefore rendered necessary. It is the second sale which is now attempted to be set aside; and that I may be the better understood, I shall consider the several reasons assigned in the order in which they were presented.

I. That the advertisements of the time and place of sale were not signed by the master with his own proper hand. They were printed notices, containing a description of the property, and the name of the master was printed at the bottom instead of being written by himself. At this day to sustain an objection of this kind would be too strict a construction of the act, and create much confusion in the judicial sales of the state. The practice has been different in different counties, but it is quite probable that as many advertisements are put up with the name of the officer either printed or signed by another in his behalf, as there are of those actually signed by himself. The advertisements must be signed by the master or'sheriff, so that the public may understand that they are made by due authority, but whether the hand-writing of the officer is placed to the paper, or the same be done by his authority and direction, either by printing or by the hand-writing of another, is not material. In either case it is [316]*316virtually a signing by the officer. If disposed t® look critically at the words of the statute, it would be found that the section of the act directing a sale, by a master or sheriff, of mortgaged premises, on executions out of this court, does not use the same language with that which directs the course of proceeding on executions from the supreme court. That act provides, that the shetiff shall give notice by -advertisements “signed by himself.” The act regulating sales on mortgaged premises, uses this language:— “ The sheriff, &c. shall give, notice by advettisements of the time and place of sale, and proceed in all other respects in the same manner as in case of a writ of fieri facias issued out of the supreme court against real estate.” 'The words “signed by himself,” are omitted, and certainly leave the act on this point of very doubtful construction.

'2. The master adjourned the sale from the 2d to the 30th of March, without publishing such adjournment in the newspaper. However expedient a requirement of this kind would be, it is a sufficient answer, that the law makes no provision on the subject. The publication required by the act only refers to the time and place first appointed for the sale, and not to the adjourned .day. That such is its meaning is obvious from the publication being required for four w eeks successively prior to the time of sale, and yet an adjournment may be made by the officer for a week or ten days, or for any other time not exceeding one month. The master, however, it seems, did direct advertisements of the adjournment to he put up in three public places in the vicinity of the land. This was not required by law, but it evinced a commendable disposition to give publicity to the sale.

.3. The master advertised the sale for Monday the 2d of March, between the hours of twelve and five o’clock in the afternoon, and not for a precise time within those hours. I would advise every officer to name an hour between -twelve and five at \\ hicb the sale will commence. There is a propriety and convenience to the parties and the public in such a course, which should always be .considered, but I do not think it essential to the validity of the sale. Advertisements for sales are generally made between the [317]*317hours of twelve and five, without naming any particular hour, and in the absence of any proof of fraud or unfair practice, tire sale is good.

4. That, the public places at which the advertisements were put. up were not sufficiently scattered, but were too near each other. The land to be sold was in Nottingham township. Two of the notices wete put up in Nottingham, and three in the township of Trenton. The places appear to have been well selected to give publicity to the sale, were in compliance with the law, and there is no foundation for complaint on this point,.

5. The terms of sale are complained of as being unusual, sevete, and destructive to the defendants’ rights. This is an important inquiry, and should be well considered. These conditions were, that the purchaser should within half an hour pay one fourth of the purchase-money in cash, or by a check marked good by one of the Trenton banks ; the residue of the money to be paid at the delivery of the deed on the 13th of April then next. In case of non-compliance with the conditions, the purchaser to forfeit the first payment, and to make good ail damages on a resale. These are certainly strict terms, but was there nothing in the case calling for rigid measures? There had been a previous sale made on this execution. The greater part of the purchasers were the defendants themselves, none of whom had complied with the terms of the sale, or offered any excuse for not doing so. The terms of that sale required no payment to be made at the time of sale, but at the giving of the deed, some fifteen days thereafter. The defendants, who were the purchasers, thus failing to take their deeds or pay any money at the time fixed for that purpose, the whole proceeding was of no avail, and the complainant was obliged to go over the same process of advertising for two months again, and be thus further postponed in the payment of his debt.. When the master came to fix his terms for the second sale he saw the necessity of adopting a course that would prevent another failure, and it was for that reason alone, as the whole case fully shows, aud from no desire to oppress or injure the defendants, that he requited the payment in cash at [318]*318the time of the sale of one fourth of the purchase money. Under tire circumstances, I think he was justifiable in so doing. So .far from any disposition being manifested by the master or by the complainant to be oppressive in their course, the whole evidence would lead me to think directly the reverse. This execution was issued on the 9th of August. The property was advertised first for the 12th of October. On that day it was adjourned, •at the request of the defendants; to the 12th of November; and on that day it was again further adjourned, on the like request, to ■the 26th of the same.month, the day of the first sale. Upon default being made by the purchasers to comply with the .terms of sale, the property was advertised by the master again for the 2d of March, -and then again, at the instance of the defendants, postponed until the 30th of the same month, on which day and the ••day after the sale took place. Between six and seven months thus passed after the execution was placed in the master’s hands before the final sale was made, and every adjournment and default made by the,defendants. This does not look like a disposition to oppress the. defendants, or to enable the complainant to become the owner of the property.

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Bluebook (online)
2 N.J. Eq. 311, Counsel Stack Legal Research, https://law.counselstack.com/opinion/coxe-v-halsted-njch-1840.