Ogborn v. Eliason

77 Ind. 393
CourtIndiana Supreme Court
DecidedNovember 15, 1881
DocketNo. 8318
StatusPublished
Cited by5 cases

This text of 77 Ind. 393 (Ogborn v. Eliason) is published on Counsel Stack Legal Research, covering Indiana Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ogborn v. Eliason, 77 Ind. 393 (Ind. 1881).

Opinion

Best, C.

The appellee brought this action to foreclose two mortgages alleged to have been executed by the appellants upon the same piece of property. The complaint consists of . two paragraphs. The first declares upon a mortgage, alleged to have been executed by the appellants to the appellee on the 21st day of February, Í877, to secure a note of $1,000, of even date, payable by appellants two years thereafter, with interest at ten per cent, and attorney fees.

The second paragraph is upon a mortgage alleged to have been executed by appellants on the 23d of April, 1874, to John G. Chandler, to secure the payment of a note of $500, of -the same date, made by them to him, payable one year thereafter, with ten per cent, interest, and by him endorsed to the appellee. The value of the attorney fees is stated, and it is alleged that the notes are due, and remain unpaid. Copies of the notes and moi’tgages are filed with and made part of the complaint.

[395]*395Issues were formed, trial had, and, over a motion for a new trial, judgment was rendered for the appellee.

The appellants appeal and assign as error, that the court erred in overruling their motion for a new trial, and in overruling the motion of Harrison Ogborn, to modify the judgment.

The reasons urged for a new trial will be considered in the order in which they are presented.

The appellants first insist that the court erred in admitting the mortgage, mentioned in the second paragraph of the complaint, in evidence, because it described no debt. The mortgage reads, “to secure the following described note, to wit,” and then follows a literal copy of the note alleged to be secured by the mortgage, except the signatures of the makers. This was a sufficient description. The law does not require a literal description ; a general one is sufficient. Jones on Mortgages, sec. 70, says-: “Literal exactness in describing the indebtedness is not required ; it is sufficient if the description be correct so far as it goes, and full enough to direct attention to the sources of correct and full information in regard to it, and the language used is not liable to deceive or mislead as to the nature or amount of it.”

The mortgage purports to describe a note, and the description given states the amount, the date, the time of payment, the rate of interest and the name of the payee. The name of the maker or makers, it'is true, is not given, but this was unnecessary, as the law does not require a full and complete description. One that puts those who are interested upon inquiry is sufficient. It will not do to assume that the description is a literal' copy of the paper secured by the mortgage, and, because no signature appears to the description, that there is none to the note secured. The mortgage purports to secure a note, and as there’can not be a note unless there is a maker, that fact, if necessary, sufficiently appears. It is, of course, unnecessary to state the [396]*396name of the maker or makers of a note, if it otherwise sufficiently appears that a debt is secured. If it appeared that the note was not signed, or was signed by a person not bound thereby, a very different question would arise. We think the court did not err in this ruling.

It is also insisted that the court erred in admitting in evidence the note described in the second paragraph of the complaint, because it did not correspond with the description in the mortgage, and because there was no evidence, other than the note, to prove its identity. There is nothing in either of these objections.

Jones on Mortgages, at section 350, says : “It is not necessary that all the particulars of the note * * secured by a mortgage should be specified in the conditions of it, in order to identify it as the note intended to be secured. If the paper offered in evidence agrees with the description contained in the mortgage so far as that goes, only that this description is not complete, the possession and production of the instrument is prima facie evidence that’ it is the same mentioned in the condition.”

The note offered in evidence corresponded precisely with the copy filed with the complaint, agreed exactly with the description contained in the mortgage, and was, therefore, properly admitted in evidence.

It is also insisted that the finding is not sustained by sufficient evidence. This ¡position can not be maintained. The production of the note and mortgage in evidence abundantly supported the finding.

It is further insisted that the court erred in permitting a witness called .by the appellee to answer the following question : “What would be a i’easonable attorney’s fee for the collection of a note of $1,164.40 by the foreclosure of a mortgage given to secure the same ?’ ’

Two objections are urged to this question. The first is, that such attorney fees as the notes may authorize the ap[397]*397pellee to collect, can not be recovered in a foreclosure proceeding. This question has already been decided adversely to the appellants. Hosford v. Johnson, 74 Ind. 479.

The next objection is, that, as the stipulation for the payment of attorney fees is in the note, it only obligates the appellants to pay such fees for the collection of the note by suit thereon, and not by a foreclosure of the mortgage. No authority is cited to support this position, and we think it untenable. The note and mortgage were executed at the same time, and constitute one contract. Every stipulation of the note is incorporated into and forms a part of the mortgage.

In Howe v. Dibble, 45 Ind. 120, it was said : “The notes and mortgage are so much one instrument, that we think the stipulation in the notes, that they shall be collectible without relief from valuation laws must be carried into the mortgage also.” So we think the stipulation in the notes for the payment of attorney fees must be regarded as a part of the mortgage, and thus regarded it entitled the appellee to such reasonable fees as were incurred in collecting the sum secured, by foi’eclosure proceedings.

The appellants also insist that the court erred in refusing to modify the judgment. The court found that there was due upon the notes and mortgages $1,837.96, and $80 as attorney fees. It then ordered the property sold, and directed the proceeds to be applied, first, in payment of the costs ; second, in payment of the $1,837.96 -and the accruing interest thereon; and, third, the excess, if any, to be paid to Rhoda C. Ogborn. It further ordered, that, if the proceeds should be insufficient to pay the costs, the $1,-837.96 and accruing interest, the sum remaining unpaid, with the $80 attorney fees, should be collected from any other property of Harrison Ogborn. The motion of Harrison Ogborn was to “modify said decree, by striking out that part thereof which provides that $80 attorney fees and [398]*398interest thereon be levied and collected” from his property, for the reason that no personal judgment could be rendered in this action.

The appellant concedes, that, where there is an express agreement for the payment of the sum secured, the court may render a judgment.over for any balance that may remain unsatisfied after the sale of the mortgaged premises, but insists, that, since it appears that the property belonged to Rhoda C., the wife of Harrison, the'debt must be hers, and in such case no personal judgment can be rendered against him. We think otherwise.

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Bluebook (online)
77 Ind. 393, Counsel Stack Legal Research, https://law.counselstack.com/opinion/ogborn-v-eliason-ind-1881.