Lockett v. Hill

15 F. Cas. 744, 1 Woods 552, 79 Nat. Bank. Reg. 167, 1 Cent. Law J. 149, 1874 U.S. App. LEXIS 1840
CourtU.S. Circuit Court for the Northern District of Georgia
DecidedJanuary 29, 1874
StatusPublished
Cited by1 cases

This text of 15 F. Cas. 744 (Lockett v. Hill) is published on Counsel Stack Legal Research, covering U.S. Circuit Court for the Northern District of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Lockett v. Hill, 15 F. Cas. 744, 1 Woods 552, 79 Nat. Bank. Reg. 167, 1 Cent. Law J. 149, 1874 U.S. App. LEXIS 1840 (circtndga 1874).

Opinion

ERSKINE, District Judge.

This suit arises out of a mortgage given by Hill, in January, 1S71, to Lockett. The bill states that Hill being indebted to Rust, Johnson & Co. (of which firm Lockett was a member), and in settlement and liquidation thereof, drew his draft on Burt, Johnson & Co., payable to his own order, for $7.451.75, and it was accepted by them and transferred to Lockett; and to secure its payment and in consideration of supplies and money, and to discharge a certain draft in favor of Ketchum-& Hartridge, Hill executed the mortgage to Lockett on 1.G25 acres of land and certain personal property, and which mortgage contained, among other stipulations, a power to sell the land on nonpayment. Lockett also alleges that he was placed in possession of the property, real and personal, on the 20th of December, 1871, and continued in possession until he conveyed the land under his power, on the 13th of December, 1S73, for $4.S75, to the firm (of which he was then a member) of Rust, Johnson & Co., and that he is still in possession of the personal property. He prays an injunction against Hoge, the assignee, to restrain him from selling any of the personal property, or interfering with any of the mortgaged property, real or personal; and asks for a subpoena against both Hill, the bankrupt, and Hoge; and the-bill prays for “other and further relief.”

There is an addendum to the bill — an offer to take the property at a fair valuation to be determined by the court, or to sell the-personal property by virtue of his power, and account to the assignee for any surplus; or to surrender the property upon payment of his debt. The conveyance in mortgage from Hill, the bankrupt, to Lockett, the mortgagee and complainant, was executed on the lGth of January, 1S71, by which he conveyed to Lockett a plantation in Dougherty county, in this state, containing sixteen hundred and twenty-five acres, also certain personal property on the land consisting of fourteen mules, all the stock of hogs, cattle, etc., wagons, carts and farming implements, and likewise-the crops of corn, cotton and fodder to be raised on the place during the said year 1S71; provided, nevertheless, if Hill shall pay on or before the 1st day of October, 1S71, a certain draft accepted by Rust & Son, and all advances so made during the year for provisions. and shall save Lockett harmless on the Ketchum & Hartridge draft, and all costs, expenses and fees, then the deed to be void, else of full force. The mortgage further stipulates that if Hill shall fail to pay the draft accepted by Rust & Son, at the time and in the manner specified, and also the advances for the present year, then Rust & Son or Lockett shall have the right to-foreclose said lien or mortgage on the growing crops and other personal property, in accordance with the statutes of this state. As to the real estate, it is further agreed that Lockett shall have the right to foreclose the mortgage upon the same, or to sell said plantation upon the most favorable terms practicable, either at public sale to the highest bidder, or at private sale, and to account to Hill, after paying off said debts, for the balance; and Hill constitutes and appoints Lockett his attorney in fact, ratifying his acts and doings in the premises, provided, nevertheless, that this power of attorney to convey and make titles shall not operate until after the first day of October next, 1S71.

On the 20th of December, 1871, Hill and Lockett entered into a written agreement, under seal, reciting that Hill being indebted to Lockett in a large amount, and to secure the debt, as well as for other purposes, he, on the lGth of January, 1S71, executed to Lockett a mortgage to certain property, real and personal, and being still indebted to Lockett in the sum of six thousand seven hundred and thirty-three dollars twenty-three-cents with interest from the 1st of December, 1S71, at the agreed rate of ten per cent, from said 1st of December until paid; and that, by-said mortgage, Lockett had the right to sell the land therein conveyed, but the present not being considered a judicious time to make the sale, it is agreed that Lockett shall take possession of said property, real and personal, and shall have the right to rent the [746]*746plantation and the personal property in terms this day agreed upon between Lockett and one John La Roque, and that the rent shall be applied to the extinguishment of the debt due by Hill to Lockett; and that during the ensuing year (XS72), Lockett shall have the right to sell all of the property, both real and personal, mentioned in said mortgage, consisting of the lands mentioned in the mortgage and personal property, this day turned over to La Roque, and apply the proceeds. lirstly. to the balance due on the debt above mentioned in this agreement, and secondly, to the payment of the Ketchum & Hartridge draft (provided this draft has to be paid), and Lockett is appointed attorney in fact for Hill, with full power and authority to act as his attorney in fact and to make all needful conveyances.

On the 24th of October, 1S73, Hill wrote Lockett that as he was unable to pay him, he might take all the stock, etc., on the laud (“all of which is mortgaged to you”) at a fair valuation, and credit the same on the debts. There is no evidence that this offer was accepted or rejected. Much was said during the argument as to whether Lockett ever took actual possession of the land and personal property. The evidence read is conflicting. It was, however, agreed by the instrument of December 20, 1871, that Lockett “shall take possession of the said property, real and personal, and shall have the right to rent and hire,” etc. By a writing .dated December 20, 1871, Lockett rented the “plantation of D. P. Hill,” and the personal property thereon, for the year 1S72, to La Roque for forty bales of cotton, to be raised on the place and delivered to him. One Blake filed an affidavit stating that he rented the plantation from Lockett for 1873, and paid him the rent, and regarded Lockett as the lawful owner and possessor of said plantation, and held the same as his tenant, and upon delivering the possession to Lockett, he put one White in possession. But he does not positively state that Lockett was at any time in actual possession of the land, and he makes no mention whatever of the personal property. Mr. Ely, solicitor and counsel for Lock-ett in this cause, swears that he was present on the plantation of D. P. Hill on the 20th of December, 1871, and that in his presence Hill delivered the possession of the plantation to Lockett, and all the personal property thereon. The bankrupt in his answer, read as an affidavit, denies that he ever, at any time, turned over the possession of the plantation and personal property to Lockett, but simply authorized him to exercise a supervisory control over the same, in order to protect and further defendant’s interests in the way of making crops. He also denies that Lockett rented out the property for 1872 or 1S73, but, on the contrary, he says that he rented out the plantation, stock, etc., to La Roque for forty bales of cotton for the rent; but intending tliatLock-ett should have the rents and profits, he caused La Roque to execute the contract with Lockett instead of with himself. He further says that Lockett never gave him (Hill) leave to rent the place for 1873 to Blake, as his (Lockett’s) agent; but that he himself rented it to Blake, without obtaining the consent of any one, except that of Blake; but let Lockett collect and retain the rents due by Blake for 1S73.

On the 3d of December, 1S73, Hill filed his petition in bankruptcy, and was adjudged a bankrupt by Register Black.

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13 S.E. 84 (Supreme Court of Georgia, 1891)

Cite This Page — Counsel Stack

Bluebook (online)
15 F. Cas. 744, 1 Woods 552, 79 Nat. Bank. Reg. 167, 1 Cent. Law J. 149, 1874 U.S. App. LEXIS 1840, Counsel Stack Legal Research, https://law.counselstack.com/opinion/lockett-v-hill-circtndga-1874.