Moore v. Nye

21 N.Y.S. 94, 49 N.Y. St. Rep. 168
New York Supreme Court·Decided November 22, 1892·Published·Cited by 3 cases

Opinion

MAYHAM, P. J.

This is ‘an appeal from a judgment entered upon the decision of the trial judge dismissing the plaintiff’s complaint. The-action was brought to have a referee’s deed in a foreclosure sale, absolute on its face, declared to be a mortgage, and canceled of record, and to restrain the defendant, who was the grantee in such deed, from prosecuting summary proceedings for the recovery of the possession of the premises. The first and the principal question raised on this appeal, and the one which ought to be decisive of this case, is whether this deed, at the time it was given, was in fact, as between the purchaser at the referee’s sale and the owner of the equity of redemption, a mort[95] gage in fact, although a deed in form. 1 The learned trial judge has held it was not, and we are asked on this appeal to review that conclusion.

Great weight, in reviewing the determination of a question of fact in the trial court, is due to that tribunal; and in a proper case this court is called upon to review, and sometimes to reverse, that conclusion. Ensign v. Ensign, 120 N. Y. 655, 24 N. E. Rep. 942; Nostrand v. Knight, 123 N. Y. 614, 25 N. E. Rep. 949; Iron Co. v. The Hopatcong, 127 N. Y. 206, 27 N. E. Rep. 841. The testimony relied on by the plaintiff to establish the claim that this deed was intended as a mortgage is that of Averill, the attorney, who swears that he had an arrangement with Samuel M. Moore and wife, the mortgagors in possession, to bid off the farm in question for Moore on the referee’s sale, and that a short time before the sale, at the solicitation of her son, he had an interview with the defendant, in which he informed her of his arrangement to bid off the property for Moore, and furnish the money to pay the mortgage claim, and wait on them until it could be paid out of the property. She said she thought it would be better for her to do that, as she was a sister of Samuel. Averill swears that he told defendant that he had promised Moore and wife that he would take the title in his own name, and wait on him any length of time until he could pay it, and he did not know how they would feel about her taking it, but that he would see Samuel and wife, and, if they were willing, he would consent that defendant should take it in her name. He also testifies to securing their consent, and communicating that fact to the defendant, and that she bid in the property under that arrangement, and took the deed in her own name, and as a part of the transaction, and as security for her advancement, took an assignment of a Pecor mortgage, on which there was due $400 held by Samuel. • He also testifies, in substance, that, at the time, plaintiff took title from Samuel, and agreed to support him and his wife. He heard a conversation between the plaintiff and defendant, in which the defendant stated, substantially, that she had had her money in full for what she had advanced, and that she had no further claim on this place; and this statement is corroborated by the -plaintiff. It appears by the testimony of the defendant that she'received the $400 on the assigned mortgage, and $200 rent on assigned lease; and the undisputed evidence shows that Samuel Moore continued in possession after the sale, and down to the time of his conveyance to the plaintiff. The defendant, in her testimony, claims that her brother Samuel remained in possession of the farm by her permission, but she concedes that she received in rent, and on the mortgage assigned to her, the amount paid by her on the foreclosure sale; and it does not appear that the defendant had any other claim on which the money received by her could properly be applied. The law would therefore apply this money in satisfaction of the mortgage, if this deed was in the nature of a mortgage.

On a careful examination of all of the evidence, we are of the opinion that the deed, although absolute upon its face, was, as between Samuel M. Moore and the defendant, only a mortgage, and that, on the payment of the consideration for the same out of the property of the mortgagor, [96] he was reinvested with his title to the premises, and, being in possession at the time of his conveyance to the plaintiff, the plaintiff became invested with his interest in these premises, and as against the mortgagee, whose mortgage was paid, was entitled to the possession of these premises.

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Moore v. Nye, 21 N.Y.S. 94, 49 N.Y. St. Rep. 168 (N.Y. Super. Ct. 1892).

21 N.Y.S. 94 (Moore v. Nye) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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