Pinson v. Bentley

169 S.W.2d 305, 293 Ky. 490, 1943 Ky. LEXIS 645
CourtCourt of Appeals of Kentucky (pre-1976)
DecidedMarch 5, 1943
StatusPublished
Cited by4 cases

This text of 169 S.W.2d 305 (Pinson v. Bentley) is published on Counsel Stack Legal Research, covering Court of Appeals of Kentucky (pre-1976) primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Pinson v. Bentley, 169 S.W.2d 305, 293 Ky. 490, 1943 Ky. LEXIS 645 (Ky. 1943).

Opinion

Opinion of the Court by

Judge Tilpord

Reversing.

Earl L. Pinson and W. W. Pinson owned adjoining tracts of land containing respectively 892.29 acres and 941.40 acres. On January 4, 1937, these tracts were sold in satisfaction of various judgments against the two brothers. The lands were appraised at $42,132.00, and W. Y. Young became the purchaser for $22,000. Thereafter, the equities of redemption were sold under an execution to Robert Williams, a judgment creditor, who, on December 16, 1937, assigned his bid to R. S. Johnson and John A. Bentley. On December 18, 1937, the Pinsons filed separate motions to quash the executions and set aside the sale of the equities of redemption. The motions were overruled, and appeals were prosecuted to this Court. Young, the purchaser at the decretal sale, had agreed with the Pinsons to extend the time in which the Pinsons might exercise their rights of redemption, and the final agreements between them extended that period “to and including the 15th day after the decision of the Court of Appeals, upon their appeal herein, shall have become final.” On June 21, 1941, this Court held that because the equities of redemption of the respective execution debtors in their respective tracts had not been levied upon and sold separately, the sale of their equities of redemption was void, saying: ■

“It follows that the chancellor erred when he did not quash the executions and did not set aside the sheriff’s report of sale. As there was no valid sale of the equities of redemption, the chancellor erred in setting aside the agreed order wherein W. Y. Young granted to the Pinsons an extension until fifteen days after the decision on this appeal becomes final within which they may redeem.” See Pinson et al. v. Williams et al. (2 cases), 288 Ky. 314, 155 S. W. (2d) 869, 871.

Before the expiration of six months from the de *492 cretal sale, Bentley and Johnson tendered to Yonng the amount of his hid with interest, and when the tender was declined, paid the money ($24,035) to the clerk of the Court. Young, who had discharged the first of his three purchase money bonds, was reimbursed, and the balance, $15,476.75, was delivered to the master commissioner. The disposition of this balance does not appear, but it is presumable that it was disbursed to the creditors of the Pinson brothers. Young excepted to the Court’s order and prayed an appeal to this Court. He died on December 30, 1938, and the appeal was never perfected. On January 28, 1938, the Circuit Court sustained a motion of Johnson and Bentley to cancel the extension of time for redemption granted by Young to the Pinsons, and directed the Commissioner to convey to Johnson and Bentley the lands in question. On February 8, 1938, the Commissioner executed and delivered the conveyance directed by the order of January 28; and thereafter, Johnson and Bentley procured a writ of possession under which the Pinsons were ejected, and Johnson and Bentley placed in possession. Johnson died intestate on November 21, 1940, after, having conveyed his interest in the property to his children, the appellees, Dr. J. K. Johnson and Helen Epperson.

The mandate of this Court directing the ■ Circuit Court to enter a judgment consistent with the opinion of June 21, 1941, was issued on December 12, 1941, and the judgment thereafter entered setting aside the execution and the subsequent proceedings thereunder, including the sale of the rights of redemption and other orders of the Court carrying the same into effect, contained provisions validating the final extension granted by Young to the Pinsons, and adjudged that the right of each of them to redeem was enlarged and extended “to and including the 15th day after said decision of the Court of Appeals herein became final.” On the night of December 27, 1941, the Pinsons obtained from K. J. Day, Dr. A. W. Thompson, F. L. Rice, and J. T. Billiter $22,-000 and paid it to the Clerk of the Court after filing an affidavit in which they set forth their ownership of the equities of redemption in their respective tracts, and that Young, the purchaser at the decretal sale, was dead. Obviously, for the purpose of securing the loan, they executed an absolute deed to the four men named, who, in turn, executed to the Pinsons’ attorney an option to *493 purchase the property within six months for $26,000. Thereafter, various motions were filed in the several actions by the contesting parties, seeking on the one hand to establish the validity of the redemption, and on the other, to have it adjudged that it was ineffective. On March 12, 1942, the Pinsons, their respective wives, and the grantees in the deed above referred to, instituted a declaratory judgment action to have their rights determined, joining as parties defendant Bentley, the grantees of Johnson, the execution creditors who had caused the sale of the equities of redemption, and the heirs, widow, and administrator of Young. The specific relief sought was an adjudication that the redemption on December 27, 1941, was timely and effective, that the proceedings and instruments executed pursuant thereto purporting to vest title in Bentley and Johnson and their successors be adjudged void, and that the grantees under the Pin-son deed of December 27, 1941, be adjudged entitled to the possession of the properties. The declaratory judgment suit was consolidated with the original action, issues were joined, and proof taken. The Chancellor, without passing upon objections urged in opposition to the validity of the redemption, other than that it was attempted too late, held that the right to redeem expired at midnight of December 26, 1941, and adjudged that neither the Pinsons nor their grantees had any interest in the properties. Hence this appeal.

Notwithstanding the earnestness with which other objections to the validity of the redemption are urged by appellees, we agree with the Chancellor that the only real issue involved was its timeliness. In our former opinion we held that the sale of the Pinsons’ rights of redemption was void, from which it follows that Johnson and Bentley acquired nothing from their purchase and had no right to redeem. As successors to Young, who was compelled by the Circuit Court’s judgment to accept a return of the money he had paid in part satisfaction of his bid and thereby became an involuntary assignor, they were, perhaps, entitled to insist that the Pinsons exercise the right of redemption, with which they had never parted, within the time granted them by Young. But they were not entitled to insist on a strict compliance with the redemption statute, KRS 426.530 (KS 2364) since it is obvious that the Statute does not cover the involved situation presented. Hence the Pin- *494 sons were not required to pay the amount bid by Young plus 10% interest, but only such an amount as the equities of the case demanded. Certainly these would not include a premium to Johnson and Bentley for their unauthorized act.

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Related

Fannin v. Lewis
254 S.W.2d 479 (Court of Appeals of Kentucky (pre-1976), 1952)
Howard v. Jones
208 S.W.2d 47 (Court of Appeals of Kentucky (pre-1976), 1948)
Young v. Auxier
195 S.W.2d 295 (Court of Appeals of Kentucky (pre-1976), 1946)
Pinson v. Bentley
182 S.W.2d 974 (Court of Appeals of Kentucky (pre-1976), 1944)

Cite This Page — Counsel Stack

Bluebook (online)
169 S.W.2d 305, 293 Ky. 490, 1943 Ky. LEXIS 645, Counsel Stack Legal Research, https://law.counselstack.com/opinion/pinson-v-bentley-kyctapphigh-1943.