People ex rel. Eagle v. Keyser4

17 Abb. Pr. 214
CourtNew York Court of Appeals
DecidedJanuary 15, 1864
StatusPublished

This text of 17 Abb. Pr. 214 (People ex rel. Eagle v. Keyser4) is published on Counsel Stack Legal Research, covering New York Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
People ex rel. Eagle v. Keyser4, 17 Abb. Pr. 214 (N.Y. 1864).

Opinion

By the Court.—Balcom, J.

According to the decision of this court, in Peck a. Mallams (10 N. Y. (6 Seld., 509) ), the words “ Executors of the Estate of James Espié, deceasedannexed to the names of the mortgagees, must he held to be merely descriptive of the persons to whom the mortgage was given; and as the money mentioned in the mortgage was payable to Maycock and Wright, “ their executors, administrators, or assigns,” the register was bound to regard the mortgage as the private property of the .mortgagees, their executors, administrators, or assigns. ■ His duty would have been different if the mortgage on its face had shown it was taken by Maycock and Wright as executors of Espié for a debt due his estate. (Bogert a. Hertell, 4 Hill, 492.)

There can be no doubt that where two executors take an obligation to themselves jointly as representatives of their testator for a debt belonging to his estate, one of them can receive, pay, and lawfully discharge the obligation, whether his co-executor be dead or alive. (Willard on Ex., 209, 269; 4 Hill, 492; Stuyvesant a. Hall, 2 Barb. Ch., 151; Douglass a. Satterlee, 11 Johns., 16; Murray a. Blatchford, 1 Wend., 583). One of two administrators can do the same. (See authorities supra.) A surviving trustee may do this. (Hill on Trusts & Trustees, 3 Am. ed., 442 ; Lewin on Trusts & Trustees, Law Lib., 4th series, vol. 72, p. 284.)

The Supreme Court of Pennsylvania held, in Penn a. Butler (4 Dall., 354), where two persons sold real estate which belonged to them as tenants in common, and took bonds and mortgages in their joint names, that the surviving obligee and mortgagee “was entitled to the possession of the joint securities, and that he might recover the amount.” The same court held, in Bowes a. Seeger (8 Watts & Serg., 222), that where a mortgage was assigned to two persons, payment of it to one of such persons discharged the debt, and that the receipt of the one to whom the payment was made, was evidence to show the debt was discharged.

Kent, Ch. J., in delivering the opinion of the court in Pierson a. Hooker (3 Johns., 68), said, “ It is a general principle of law that where two have a joint personal interest, the release of one bars the other (Ruddock’s Case, 6 Co., 25); and I cannot [218]*218perceive that the case of copartners in trade forms an exception to the general rule.”

The court held in that case, that the release of a debt due a copartnership by one of several partners by a writing under his hand and seal, in the name of the copartnership, was binding on all the partners.

It was held in Austin a. Hall (13 Johns., 286), that in an action by tenants in common for a trespass on land of which they were the coheirs, a release by one of the plaintiffs was a bar to the action.

Fitch a. Forman (14 Johns., 172), was an action on a covenant, by which the defendant bound himself to do a certain act by a certain day. One of the plaintiffs, afterwards, by a writing under seal indorsed upon the original agreement, released the defendant from a performance within the time mentioned in the agreement, and extended the time of performance. And the court held such release was a bar to the action, the breach of the covenant assigned being the non-performance of the act by the day mentioned in the agreement. Thompson, Oh. J., in delivering the opinion of the court, said, They (the plaintiffs), had a joint personal interest, and the release or modification by one would bind the other.”

Judge Cowen laid down the rule in his treatise (2 Cow. Tr., 2 ed., 772), that a release by one of several persons having a joint demand, is valid against all, even though such demand be the proper subject of trespass, or case, as for a wrong.” He cited the cases in Johnson (supra).

The principle on which the cases were determined authorized either Haycock or Wright to receive the money for which the mortgage was given, and satisfy the same, though it was their private property, and held by them as tenants in common; and upon the same principle, Wright, as surviving mortgagee, after the death of Haycock could lawfully receive the money mentioned in. the mortgage, and execute a certificate satisfying the mortgage, which would authorize the register to discharge the same upon the record.

The right to the money secured by the mortgage being personal (a mere chose or thing in action), either mortgagee could receive the same and discharge the right to recover it of the mortgagor.

[219]*219Bayley, J., said, in Barton a. Williams (5 Barn. & Aid., 395), “There may be cases in which the indivisible nature of the subject-matter of the tenancy in common may raise an implied authority in one to sell the whole.” A mortgage is indivisible, and though payable to two persons jointly, the right to receive or recover the money due upon it is single. This right is not divided by the death of one of the mortgagees. Hence the death of Haycock did not affect the right of the surviving mortgagee to .keep the mortgage in question and receive the money due on it, and satisfy it.

It is laid down in Graham’s Practice, that “on the death of the party with whom the contract was made, if the covenant or promise be to the deceased and another jointly, the action must be brought by the survivor, or his representatives, without joining the representatives of the deceased.” (Graham’s Pr., 2 ed., 90; see, also, Voorhies a. Childs, 17 N. Y, 354; Cow. Tr., 2 ed., vol. 1, p. 553; Anderson a. Martindale, 1 East., 497; 4 Dall., 359). The Supreme Court of Maine held, in Williams a. Hilton (35 Maine, 547), that “ a writ upon a mortgage to obtain a foreclosure may be brought and maintained by the surviving mortgagee.” But it has been held in Massachusetts, if a mortgage be given to two persons to secure their several demands, and such demands and their different amounts are specified in the mortgage, each has a right to enforce his claim under the mortgage in form adapted to his case, and that the surviving mortgagee cannot maintain an action on the mortgage to enforce payment of the debt due to the deceased mortgagee. (Burnett a. Pratt, 22 Pick., 556.) That case was correctly decided, because the mortgage itself divided the money between the mortgagees, so the mortgagor knew from the mortgage how much money belonged to each mortgagee.

But if it should be conceded that our Code now requires the representatives of the deceased mortgagee to join with the survivor in an action for the foreclosure of a mortgage taken by the deceased and the survivor, in their joint names as tenants in common, such requirement would not take away the common-law right of the survivor to receive the money due upon the mortgage when tendered to him, and satisfy the mortgage by a proper- instrument in writing, and thus compel the representatives of the deceased mortgagee to look to him for the [220]*220money, if it or any portion of it belonged to such mortgagee.

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Related

People ex rel. Son v. Miner
37 Barb. 466 (New York Supreme Court, 1862)
People ex rel. Son v. Miner
23 How. Pr. 223 (New York Supreme Court, 1862)
Pierson v. Hooker
3 Johns. 68 (New York Supreme Court, 1808)
Douglass v. Satterlee
11 Johns. 16 (New York Supreme Court, 1814)
Austin v. Hall
13 Johns. 286 (New York Supreme Court, 1816)
Fitch & Buck v. Forman
14 Johns. 172 (New York Supreme Court, 1817)
Stuyvesant v. Hall
2 Barb. Ch. 151 (New York Court of Chancery, 1847)
Murray v. Blatchford
1 Wend. 583 (Court for the Trial of Impeachments and Correction of Errors, 1828)
Bowes v. Seeger
8 Watts & Serg. 222 (Supreme Court of Pennsylvania, 1844)

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Bluebook (online)
17 Abb. Pr. 214, Counsel Stack Legal Research, https://law.counselstack.com/opinion/people-ex-rel-eagle-v-keyser4-ny-1864.