Merchants Bank of Baltimore v. Campbell

75 Va. 455, 1881 Va. LEXIS 27
CourtSupreme Court of Virginia
DecidedApril 21, 1881
StatusPublished
Cited by14 cases

This text of 75 Va. 455 (Merchants Bank of Baltimore v. Campbell) is published on Counsel Stack Legal Research, covering Supreme Court of Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Merchants Bank of Baltimore v. Campbell, 75 Va. 455, 1881 Va. LEXIS 27 (Va. 1881).

Opinions

Christian, J.

This case is before ns on appeal from certain decrees of the circuit court of Page county.

The original bill was filed in the county court of said county by Daniel Miller & Co. and other judgment creditors of Burracker, to subject his lands to the payment of their several judgments.

The case was afterwards removed to the circuit court of Page county, and in that court certain proceedings were had by which a commissioner of said court was directed to report the judgment liens outstanding and docketed against the defendant Burracker. The result of these proceedings (without narrating them in detail) was a decree by said court directing certain commissioners appointed thereby to sell all the real estate of the said Burracker for the payment of said judgments. Sales of various tracts of lands were made by said commissioners, and reported to the court.

There is no controversy as to any of these sales except one. Among the tracts of land sold by the commissioners was one known as the “ Cave Tract.” At the first sale of this tract Edward Burracker, a son of the defendant, became the purchaser at the sum of $-per acre. It seems that Edward Burracker never complied with the terms of sale, and that before the commissioners made any report to the court, certain parties, Campbells and Stebbens, offered to the commissioners of sale ten per cent on the bid of [457]*457Edward Burracker, which was accepted by said commissioners, it being the amount of $17 per acre, amounting to $484 for the twenty-eight acres known as the Cave Tract.”

The sale to these parties was confirmed by the circuit court, but before the purchase money was paid a petition was filed in the cause by one Biedler, who was the assignee of certain judgments against Samuel Burracker, the original defendant and judgment debtor, and also by other creditors, among them the defendants, in which said petition they charge that the purchasers, Campbells and Stebbens, who had offered a bid to the said commissioners of ten per cent, upon the amount offered by Edward Burracker, had discovered under the said tract of land known in the record as the “ Cave Tract,” a cave of great extent and grandeur, with numerous avenues and departments, containing grand and magnificent curiosities of natural formation, which makes it one of the wonders of the western continent, and susceptible of being made a source of immense profit to the owners.”

They further charge in said petition that this discovery made by the said Campbells and Stebbens was carefully concealed both from the commissioners and the court, and that they combined together in obtaining this valuable property, worth many thousand dollars, for the inconsiderable sum of $480.

Upon the answers to this petition and the depositions of numerous witnesses, the circuit court confirmed the sale to the last purchasers, the Campbells and Stebbens.

From this decree confirming said sale an appeal was allowed by one of the judges of this court.

In the petition of appeal there are several assignments of error, some of which present preliminary questions, which will first be disposed of, before we consider the main question presented by this record.

As to the first assignment of error, that there was no order [458]*458in the county court removing the case to the circuit court,, it is sufficient to say that the counsel for the appellant-overlooked the act of assembly of the 2d of April, 1873, which changed the jurisdiction of the county court, and provided in terms, without requiring any previous notice or motion, for the removal of “all causes at law and in chancery pending in the county court on the 1st of August,. 1873,” to the circuit court of the several counties.

This case comes within the provision of that statute, and was properly transferred under that statute to the circuit court. This first assignment of error is therefore not-well taken.

Second assignment of error—to-wit: that the defendant Burracker had become a bankrupt pendente lite, and that the cause was not revived in the name of his assignee.

The record discloses the fact that the assignee in bankruptcy was counsel in the cause, cognizant of all the proceedings, was one of the commissioners of sale, and as such participated in making, reporting and recommending the-confirmation of the sale, and he himself filed an answer in the cause in which he admits that “ as one of the commissioners of sale and as assignee in bankruptcy of said S. A. Burracker, he recommended the confirmation of said sale.” This assignment of error is not well taken. It is sufficient to refer to the cases of Eyster v. Gaff and al., 1 Otto U. S. R. 521, and Barr, Assignee v. White and als., 30 Gratt. 531, for the established rulings of the court on this subject.

The third assignment of error, as to the insufficiency of the advertisement, is not well taken.

The proof conclusively shows that the printed advertisements of the sale of the real estate, including the “ Cave Tract,” which originally required one-fifth of the purchase money in cash, was afterwards changed by the commissioners so as to conform to the terms of thedecree. We are therefore of opinion that this assignment of error is not well taken.

[459]*459Having now disposed of these preliminary questions, we-come to consider the main question in this novel and interesting case. And that question is, whether the circuit court ought, under all the circumstances and upon the facts provéd, to have set aside its order confirming the sale made by the commissioners to the Campbells and Stebbens at the sum of $480.00, which was their up-set bid on the purchase of Edward Burracker. It must be remarked—and it is an important fact to consider—that when the petition in this case was filed by Biedler, the assignee of some of the judgment creditors of S. A. Burracker and numerous other creditors, the purchasers of the Cave Tract ” had not completed their purchase by paying the purchase money under-their contract with the commissioners of the court. And the question before the court was whether, under the circumstances and the facts brought to its attention, it ought to have set aside its order confirming the sale, reopened the bids, and directed its commissioners again to expose-the land to public auction.

This is the important question which we will now proceed to consider. The case has been very ably and elaborately argued by the counsel on both sides, and numerous authorities have been referred to. They have been carefully examined by the court, and the principles of law to be-extracted from them all are now to be applied to the facts-of this case. In the first place, it is to be remarked that most of the cases relied upon by the appellees’ counsel are cases where the parties are dealing at arm’s length, as vendor and vendee, and which declare the familiar doctrine-that the purchaser is not bound to disclose his superior knowledge—no matter how acquired—of the property which he proposes to purchase, and that a mere concealment of such superior knowledge, without a fraudulent purpose, will not affect the contract so as to cause a court of equity to set it aside merely upon that ground.

[460]

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Bluebook (online)
75 Va. 455, 1881 Va. LEXIS 27, Counsel Stack Legal Research, https://law.counselstack.com/opinion/merchants-bank-of-baltimore-v-campbell-va-1881.