Gordon v. Clarke

10 Fla. 179
CourtSupreme Court of Florida
DecidedMarch 15, 1860
StatusPublished
Cited by17 cases

This text of 10 Fla. 179 (Gordon v. Clarke) is published on Counsel Stack Legal Research, covering Supreme Court of Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Gordon v. Clarke, 10 Fla. 179 (Fla. 1860).

Opinion

FORWARD, J.,

delivered the opinion of the Court.

It appears from the record that in the month of August, A. D. 1836, one F. A. Browne purchased of John Bancroft, Trustee of J. W. Simonton, certain tracts and lots of land in the city of Key West. To secure the payment thereof he gave a promissory note, and executed a mortgage on the same t'-aets and lots of land.

Among the tracts of land thus purchased was one known and described as “ Tract No. 1,” containing fourteen, (14) acres, of which one undivided third part was owned by the appellant, Adam Gordon, who subsequently, about the 1st January, A. D. 1843, purchased the equity of redemption in the remaining two-thirds of the said tract from said F. A. Browne for the sum of four hundred dollars, ($400), for which he took a deed subject to said mortgage, made by said Browne to said trustee of said Simonton. Of this tract No. 1, two acres and eleven-hundredths of an acre were sold to the United States for a Marine Hospital.

It appears that at the time said Gordon purchased the two-thirds of said tract, that there was an opportunity of selling the balance, to-wit: eleven and 89-100 acres to the United States for $300 per acre, amounting to $3567. It is alleged that Browne was anxious to sell his remaining interest in it; that there was competition for the purchase thereof; that Gordon purchased of Browne to prevent difficulty of giving title to the Government, and that he purchased for the benefit of Simonton as well as himself.

[181]*181However that may be, it clearly appears that the mortgage lien of Simonton as eestui que trust was an impediment to the giving of title of said lands to the Government, and that it became necessary for John Barcroft, J. W. Simonton and Adam Gordon to unite in a conveyance, to give a perfect title and effect a sale to the United States.

For which purpose they entered into the following covenant, viz:

“ Whereas Adam Gordon is the owner in his own right of one undivided third part of tract numbered one, situated on the Island of Key West, and according to Wm. A Whitehead’s survey containing fourteen acres, (two acres and eleven-hundredths of which have already been sold to the United States for a Marine Hospital.) And whereas, about the 1st of January, 1843, the said A. Gordon purchased the remaining two-tliirds of the said tract from F. A.’Browne, for the sum of $400, subject, however, to a mortgage of the said Browne made to John Barcroft as trustee of J. W. Simonton, dated 22d of August, A. D., 1836. And whereas, there is now an opportunity oí selling the same land, eleven and 89-100 acres, to the United States for $300 per acre, amounting to $3567, and as it becomes necessary for John Barcroft, J. W. Simonton and Adam Gordon to unite in a conveyance to give a perfect title and effect a sale to the United States of the said land, it is agreed by and between the said John W. Simonton and Adam Gordon, that the moneys arising from the sale of said land shall be divided as follows, to-wit: the said Adam Gordon shall receive one-third part ($1189), and the remainder or $2378 shall be paid to the said J. W. Simonton. But it is understood and agreed by the said J. W. Simonton that he will in a short and reasonable time cause the said mortgage, given as aforesaid by the said Browne, to be settled or foreclosed. If the said mortgage shall be paid by the said Browne, or if on foreclosure the mortgage prop[182]*182crty now Q'em,aiming unsold shall be sufficient to settle up said mortgage, then the said J. W. Simonton for himself, his heirs, executors and administrators, promises and agrees to pay the said A. Gordon, his heirs, executors, administrators or assigns the said sum of twenty-three hundred and seventy-eight dollars, with interest at the rate of 6 per cent, per annum, and the further sum of six hundred and thirty-three dollars for the sale of the Hospital grounds, to the United States from the same tract of land with 6 per cent, interest from 13th day oí November, A. D., 1844. But if the mortgage property unsold should not on final sale pay up the said mortgage, after all proper credits are extended thereon, then it is agreed that so much of the said sums $2378 and $633 as is the just and proper proportion of two-thirds of tract No. one, taken in connection with other lots and tracts sold by said Browne, subject to said mortgage, shall be used to pay up the said mortgage, and the balance, if any, of the said sums shall be paid as above to the said Adam Gordon, or to his heirs or assigns.

“ And the said John W. Simonton for himself, his heirs, executors and administrators promises and agrees to pay to the said Adam Gordon,.his heirs or assigns whatever balance may rateably remain after paying said mortgage and the interest thereon, as above.”

With this mutual covenant they perfect sale and execute title to the Government.

About a year and five months afterwards, to-wit: on the 16th of April, 1847, the said Browne being unable to pay up his mortgage, entered into an arrangement with said Simon-ton, whereby it was settled and cancelled. The said Browne re-conveys to the said Simonton the said lands purchased from him and embraced in said mortgage, and takes from said Simonton an agreement, in which said Simonton agrees to confirm the sales made by Browne, and dispose of the [183]*183lands wnsold within font years, and out of the proceeds thereof pay himself $11,234 11, and any surplus over that amount to pay to said Browne. As this settlement of said mortgage, re-conveyance and agreement enter somewhat into the views of this Court in deciding this appeal, they are hereby inserted in order that they inay be seen, viz :

EXHIBIT B.

Know all rrien by these presents, that w.hefeás John Bafferoft of the City of Washington, District of Columbia, trustee o'f John W. Simonton and Ann Simonton his wife, did on the twenty-second day of August, in the year one thousand eight hundred and thirty-six, sell and convey nnto me, Fielding A. Browne, of Key West, Monroe County, Florida, for the sum of twenty-four thousand five hundred dollars, all those certain lots, tracts and parcels of land on the Island of Key West, which are hereafter more particularly described; tad, whereas, to secure to the said John Barcroft, Trustee as aforesaid, the payment of the said twenty-four thousand five hundred dollars, the purchase money aforesaid, I, the said Fielding A. Browne, did, on the twenty second day of August, Anno Domini one thousand eight hundred and thirty-six, execute and deliver a good and valid mortgage unto said John Barcroft, Trustee as aforesaid, of all and singular the aforesaid lots, tracts and parcels of land hereinafter mentioned ; and, whereas, there still remains due and payable to the said Joba Barcroft, Trustee as aforesaid, upon the said mortgage, tbe sum of eleven thousand two hundred and thirty-four dollars and eleven cents, which I, tbe said Fielding A. Browne, am at present unable to pay. Now, this deed is expressly made to declare that for and in consideration of the use and occupation which I have eujoiyed of the lots, tracts and parcels of land aforesaid, and which are hereinafter described, and of other lots, tracts and parcels of land, - conveyed to me by tbe deed herein first recited, [184]*184executed and delivered by said John Barcroft, Trustee aforesaid, and many of which said lots, tracts and parcels of land, I, the said Fielding A.

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Bluebook (online)
10 Fla. 179, Counsel Stack Legal Research, https://law.counselstack.com/opinion/gordon-v-clarke-fla-1860.