Habersham v. Bond

1 Georgia Decisions 46
CourtChatham Superior Court, Ga.
DecidedMay 15, 1842
StatusPublished

This text of 1 Georgia Decisions 46 (Habersham v. Bond) is published on Counsel Stack Legal Research, covering Chatham Superior Court, Ga. primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Habersham v. Bond, 1 Georgia Decisions 46 (Ga. Super. Ct. 1842).

Opinion

The Bill, filed in the above cause, sets forth the following facts:— That Samuel Miller Bond, of the county of McIntosh, and one of the above named defendants, on the fifth day of May, one thousand eight hundred and thirty-seven, made and signed his certain promissory note, in writing, whereby he promised, sixty days after the date thereof, to pay to the complainant, Robert Habersham, the sum of .two thousand four hundred and twenty-seven dollars, and twenty cents ; and that, on the 24th day of May, one thousand eight hundred and forty, ho made and signed his certain other promissory note, whereby he promised, on the first day of January’, one thousand eight hundred and forty-one, to pay to the said complainants, Robert Hab-ersham & Son, the sum of four thousand three hundred and sixty-seven dollars and eighty-two cents — That to secure the payment of the first mentioned note, and all debts then due by him to said complainants, by any note, draft, bill of exchange, acceptance, open account, or balance of account, and all such other debts, as might then be clue, owing, and payable, or which might, thereafter, become due and payable, to the complainants, by the said Samuel Miller Bond, [47]*47on any other note, draft, bill of exchange, or acceptance, which might fee .given or drawn, by the said Samuel Miller Bond, to or on the complainants, <&c. the complainants being the factors and agents of the said Samuel Miller Bond, for the sale of his crops, and being, in that character, frequently called on by him, for advances and supplies ; he, the said S. M, Bond, did, on the eighth day of April, one thousand eight hundred and forty, make and execute a mortgage to complainants, upon all that rice plantation, in McIntosh County, known as Ceylon, the residence of the said Samuel M. Bond, and upon a summer residence, in said County, called Grass Knoll, and also upon ten negro slaves ; which said mortgage appears to have been duly recorded, in the Clerk’s office of the Superior Court, for the said County of McIntosh, on the 9th day of April, 1840 — That there is now due and unpaid, upon the note first above mentioned, the sum of two thousand five hundred and fifty-five dollars and three cents, principal and interest ; and, on the note last above mentioned, the sum of two thousand four hundred and fifty-four dollars and eighty-five cents, principal and interest, making, in the aggregate, five thousand and nine dollars and eighty-eight cents.

That prior to the making and executing the said mortgage, to said complainants, the said Samuel M. Bond had made and executed a mortgage, on the said plantation called Ceylon, to secure a large debt, due by him to the Trustees of the General Assembly of the Presbyterian Church, in the United States of America. That this last mentioned mortgage was foreclosed, upon the said plantation called Ceylon, and the same was levied upon, under an execution upon said foreclosure, by the Sheriff of McIntosh County, ami exposed to salts, on the first Tuesday in February last, and was then sold, for the sum of thirteen thousand dollars. That, after paying and satisfying the execution, issuing upon the foreclosure of the last mentioned mortgage, under which the said plantation called Ceylon was sold, there remains a large balance, say about nine thousand dollars. That one James P. Scriven, of the County of Chatham, and a corporation, known as the “Female Asylum of the City of Savannah,” and one Susan Couster, administratrix: with the will annexed of Lucas Luecnn, have respectively claimed the said balance, so arising from said sale, and have given notices to the Sheriff of McIntosh County, to that effect, under various executions of fieri lacias, issued upon judgments at [48]*48Law, recovered by the said claimants, against the said Samuel Miller Bond, all of which judgments are conceded by counsel to be junior* in point of date, to the mortgage executed to the complainants. That, in consequence of said notices, so given to the said Sheriff, and claims so interposed, the said Sheriff, as complainants are informed and believe, has deposited the said balance of money, arising from said sale, in the Planter’s Bank of the State of Georgia, in the City of Savannah, subject to the order of this Court, for its distribution, among those who might be entitled to receive the same — That complainants had also caused a claim for the said money to be interposed, and a notice to be served on the said Sheriff, to that effect, under the lien, created on said plantation, by their mortgage — That the said plantation, so mortgaged to the complainants, having been sold by the foreclosure of an older mortgage, and the oldest lien upon it ; a good title was procured to the purchaser, who was the defendant, James P. Scriven, and that, therefore, the complainants’ right, to follow the land with their mortgage, for the enforcement of its lien, was destroyed — That unless the complainants are paid, out of the proceeds of the sale, nowin the Planter’s Bank for distribution, their lien will be entirely lost to them, on the said plantation, and younger judgments will be satisfied, in preference to their said mortgage— That complainants have caused their mortgage to be foreclosed, on the personal property' conveyed in it, execution to issue, and the said negroes to be levied on and advertised for sale, on the first Tuesday in June next. These are the principal facts, as alleged in the face of complainants bill. The prayer of their bill, is — That, by the decree of this Honorable Court, the complainant’s mortgage and lien may be respected, and enforced, and that (heir debt against the said Samuel M. Bond, secured by the said mortgage, may be paid out of the fund, raised upon the sale of said plantation, and now deposited in the Planter’s Bank, for distribution as aforesaid, in preference of the said judgments, under which the said defendants claim. And that the said complainants may be decreed to have a lien, upon the said fund, t*> the extent and amount of the debt, due them in their said mortgage and for such other and further relief, as shall seem meet, and agreeable to Equity and good conscience.

To this bill, the defendants have filed a general demurrer, for want of Equity. This demurrer admits all the facts, as stated in the bill, [49]*49to be true — And the question, which is, therefore, presented, for the decision of this Court, is — Is there, or is there not, sufficient Equity, stated and alleged in the face of the complainant’s bill, so as to give this Court jurisdiction of the matters therein contained 1 If there is ; then this demurrer must be overruled — If there is not; it must-be sustained. — Story’s Eq. Plead. 351, 352, 354, 355. And here, it may be stated, as a general rule, subject, to but few exceptions, that where a complainant can have as effectual, and complete, a- remedy, in a Court of Law, as in a Court of Equity, and that remedy is direct, certain, and adequate; a demurrer, which is, in truth, a demurrer to the jurisdiction, will hold. But where there is a clear right, and yet there is no remedy, in a Court of Law, or the remedy is not plain, adequate, and complete, or adapted to the peculiar exigency; then, and in such cases, Courts of Equity will maintain jurisdiction.— Story’s Eq. Plead. 373, 374.

Let us, then, apply these plain principles of a Court of Equity, to this demurrer, and ascertain, whether the same ought to be sustained, or overruled.

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Bluebook (online)
1 Georgia Decisions 46, Counsel Stack Legal Research, https://law.counselstack.com/opinion/habersham-v-bond-gasuperctchatha-1842.