Oxsheer v. Watt

41 S.W. 466, 91 Tex. 124, 1897 Tex. LEXIS 387
CourtTexas Supreme Court
DecidedJune 21, 1897
DocketNo. 566.
StatusPublished
Cited by21 cases

This text of 41 S.W. 466 (Oxsheer v. Watt) is published on Counsel Stack Legal Research, covering Texas Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Oxsheer v. Watt, 41 S.W. 466, 91 Tex. 124, 1897 Tex. LEXIS 387 (Tex. 1897).

Opinion

DENMAN, Associate Justice

In this case, the Court of Civil Appeals has certified the following explanatory statement and questions, to-wit:

“This suit was brought by the appellee, W. T. Watt, August 16th, *125 1895, against F. G. Oxsheer, J. T. Beall and W. W. Oxsheer upon two promissory notes and to foreclose a deed of trust or mortgage made to secure their payment. F. G. Oxsheer and Beall are sued as makers of the notes, and W. W. Oxsheer as party in possession of the property mortgaged, the same being personal property, and upon the ground that he has other personal property of like description with that mortgaged, all in one pasture and not distinguishable therefrom, and that before the mortgage can be foreclosed plaintiff has reason to believe W. W. Ox-sheer will have sold the greater part, or all, of the mortgaged property.
“The property mortgaged and conveyed to the trustee by F. G. Ox-sheer is described as follows: ‘Fifty (50) mares branded F2.’ There is no additional description or means of identification in the mortgage. It is dated April the 10th, 1891.
“At the time the mortgage was executed, F. G. Oxsheer had about 300 mares in the F2 brand.
“W. W. Oxsheer claimed all the 300 mares in the F2 and other stock owned by F. G. Oxsheer, January 16th, 1892, under the following title:. On that date, F. G. Oxsheer made a deed of trust to Scott Field, trustee, conveying all his stock including all the mares in the F2 brand to secure J. H. Drennan, or to indemnify him as surety for F. G. Oxsheer on two notes aggregating $12,000, for which amount F. G. Oxsheer had executed to Drennan his two notes. The property was sold by the trustee pursuant to the deed of trust, on the 31st day of January, 1893, to pay the unpaid indebtedness of E. G. Oxsheer to Drennan, amounting to $5809.90, and W. W. Oxsheer bought the property at the sale, paying at the time $5809.90. Bill of sale was executed by the trustee, at the time, to W. W. Oxsheer, pursuant to the sale.
“For a recited consideration of $18,000, on the 4th day of August, 1891, F. G. Oxsheer conveyed by bill of sale to W. W. Oxsheer, who-was F. G.’s father, all his stock of horses, mares, etc., including the 300 mares in the F2 brand, describing the stock, being the same described in the Drennan deed of trust, Drennan at the time having an unrecorded mortgage on the same stock to indemnify him as surety on the two notes before referred to. It was understood at the time that W. W. Oxsheer would assume the payment of the two notes. The bill of sale by F. G. to W. W. Oxsheer was absolute and not subject to the mortgage to secure Drennan. At the same time of the mortgage to Drennan, F. G. Oxsheer executed to his father, W. W. Oxsheer, a second mortgage, subject to the Drennan mortgage, to secure W. W. Oxsheer in payment of $15,612.47. On the same day prior to the deed of trust to secure Drennan, W. W. Oxsheer reconveyed back to his son, F. G. Oxsheer, all the stock formerly transferred to him by his son. This was done in order to make good the security to Drennan, and because he did not wish to pay the two notes he had assumed.
“At the time of the sale by the younger to the elder Oxsheer, the former was indebted to the latter in at least the $18,000, the recited con *126 sideration of the transfer, for loaned money and money paid for him on security debts.
“On the 19th day of October, 1891, W. W. Oxsheer, by his agent Smith, wrote a letter to W. T. Watt, plaintiff, stating that he had purchased the F2 stock of horses, and asked permission to move the stock from the Taylor County pasture to the Nolan County pasture as the grass was better there and the horses would winter better. The permission WTas granted and the stock moved to Nolan County. The horses were always in the possession of F. G. Oxsheer; no possession was delivered to Watt, and no actual delivery made to W. W. Oxsheer, but F. G. Oxsheer kept possession of them and managed them as agent of his father after the sale under the Drennan deed of trust. W. W. Oxsheer, at the time of his purchase at such sale, and at the time he obtained permission to move the stock to Nolan County, knew of the mortgage to Watt.
“Watt has never seen the mares mortgaged to him. The only knowledge he had of the mares mortgaged to him was at the time his mortgage was executed and was from what F. G. Oxsheer told him, and he told him that they were in Taylor County, and told him he had 50 mares branded F2 in Taylor County. Watt did not know Oxsheer had more than fifty, or whether he had any mares at all, but supposed that he had a considerable number more than fifty, as he, Oxsheer, was a stock man, and from his reputation as such. The mortgage to Watt was executed in the Provident Nat’l Bank in Waco.
“At the time the mortgage to Watt was given F. G. Oxsheer had 300 mares in the F2 brand. He had had them in Haskell County, and some time during the spring of 1891 they were moved to Taylor County and were put in what was known as the old ‘Dee grounds’ pasture. A part of them were not moved but remained in Haskell County. At the time of the mortgage to Watt nothing had been done to separate or distinguish the mares intended to be mortgaged from other mares in the same brand. It is not shown that there were only the fifty head of mares in Taylor County at the time of the mortgage, nor that there were less than that number, and the testimony does not identify the mares mortgaged, or so describe them as that they could then or now be separated from others in the same brand. Since their removal to Nolan County the stock in the brand F2 have been kept together.
“The questions we certify to the Supreme Court are: Construed with the facts stated showing that there were 300 mares in the F2 brand, and with other facts attempting to identify the mortgaged property, was the mortgage void for want of identity and description of the property mortgaged? And can the mortgage be foreclosed in the proceedings against W. W. Oxsheer, who had notice at the inception of his claim of the plaintiff’s mortgage, on an undivided interest of fifty average head of the whole number.”

It will be observed that the certificate does not give the substance of the trust deed executed by F. G. Oxsheer to the trustee on the “Fifty *127 (50) mares branded F2” to secure the notes due Watt. We will assume that it is in the ordinary form conveying the property to the trustee to secure the notes, with power to sell to pay the debt evidenced thereby when due. Such instrument read in the light of the circumstances above stated, surrounding its execution, evidences an intention on the part of the parties thereto of fixing a lien, not upon an undivided interest in the herd of “300 mares in the F2 brand,” but upon fifty of them.

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Bluebook (online)
41 S.W. 466, 91 Tex. 124, 1897 Tex. LEXIS 387, Counsel Stack Legal Research, https://law.counselstack.com/opinion/oxsheer-v-watt-tex-1897.