Prather v. Foote

1 Disney (Ohio) 434
CourtOhio Superior Court, Cincinnati
DecidedJune 15, 1857
StatusPublished

This text of 1 Disney (Ohio) 434 (Prather v. Foote) is published on Counsel Stack Legal Research, covering Ohio Superior Court, Cincinnati primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Prather v. Foote, 1 Disney (Ohio) 434 (Ohio Super. Ct. 1857).

Opinion

Storer, J.,

delivered the opinion of the court.

The questions involved in this case were argued at special term, and have been reserved, by the judge who heard them, for decision here.

The plaintiff seeks to foreclose a mortgage, which he claims to hold, upon certain leasehold property, described in the petition as situated at the north-west corner of Third and Elm streets, executed on January 5, 1850, and recorded on the same day. The plaintiff is the original mortgagee, and [436]*436the defendant, Eoote, the mortgagor. The amount claimed as due is $450, with interest since July 4,1850.

Answers have been filed by several of the defendants, the others are in default.

It appears by the pleadings and the facts agreed upon by the parties, which are made a part of the record, that the leasehold estate intended to be conveyed by the mortgage was held by Eoote by a lease from the executors of George G. Bowen, deceased, executed June 30, 1849, and recorded in due time. By the terms of the lease, Eoote was to enjoy a term of fourteen years in the property from August 1,1849, rendering a yearly rent of $1,000, payable quarterly, the first installment to be paid on taking possession of the premises; the privilege of purchasing at any time during the term, was secured to the lessee, and if no purchase should be made, the lease, at the expiration of the teim, was to be extended so that an estate for ninety-nine years, renewable forever, was to be created at the annual rental of $1,200, payable quarterly; the lessee to pay all taxes and assessments levied or imposed during the term, subject to the condition that if any quarterly payment should be in arrear for thirty days, or if the lessee should permit waste, either willful or voluntary, the lessors were at liberty to enter upon the premises, and hold them discharged from the lease as of their former estate.

Eoote, the lessee, took possession in August, 1849, and made improvements to the value of $450. He paid the first quarter’s rent, and gave his note for the second, upon which judgment was afterward recovered, but has not been paid.

In December, 1851, there being more than $1,500 due for rent, the lessors took possession of the premises, and have continued in the possession without any interruption or claim on the part of Eoote, to the present time.

Eoote, soon after the lease was made, became insolvent, and has never offered to pay any part of the amount due.

In the meanwhile all the estate and interest of Eoote, in the lease, was sold by the sheriff of Hamilton county, upon [437]*437execution, to Gregory, one of the lessors, who received a deed for the same, and afterward released his purchase to the executors of Bowen, for the benefit of the estate.

After the lessors had recovei’ed the possession of the property, and as they supposed, determined by their entry the estate of the lessee, they expended large sums of money in improving the property, the land being nearly, if not all, vacant, the amount of which exceeds $11,000, Eoote, the lessee, and the plaintiff setting .up no claim under the lease.

On November 25,1854, when the lessors had thus improved the property, the plaintiff files his petition and claims to subject the entire premises, the leasehold interest as well as the improvements, to the payment of his mortgage.

Several important questions arise upon these facts. Eirst : What is the effect of the mortgage from Eoote to the plaintiff? Does it convey any estate ? If it does, where is it ? Does the description of the property define, with any certainty, the leasehold in controversy ? for upon this depends our jurisdiction.

The language of the deed is: “That certain leasehold plot of ground, known as the corner of Third and Elm streets, being situated on the south-west corner of, and consisting of, say, one hundred feet on Elm street and sixty-five feet on Third street aforesaid, with the appurtenances.” Where, then, is the property? There is no reference in any part of the deed to Cincinnati. The parties themselves are described as of Hamilton County. There is no reference even to the lease, by which the title of the mortgagor or lessee is asserted. But as the parties have not made the objection, and the case has been argued.upon the hypothesis that the property mortgaged is the same that was leased, we may hold, for the purposes of the present controversy, that we have jurisdiction.

Second: The lease is made by the executors of Bowen; It is, in effect, the creation of an estate for ninety-nine [438]*438years, renewable forever, with the addition of a contract of sale, if the lessee within fourteen years shall consent to purchase at a stipulated rate.

Unless there is power conferred by the will to authorize such an estate to be created by the executors, it is very clear the lease is of no value, and consequently no right passed by the mortgage from Eoote to Prather.

The testator, by the third clause of his will, provides, in the event that it should become necessary, in the opinion of my executors, to improve any of my unimproved real estate, I hereby, to effectuate this my desire, do hereby vest in my executors full power and authority to dispose of any of my real estate, in fee simple, or for a term of years, or otherwise, in as full and large a manner in every respect as I could myself, if living.”

We think the language of this clause conferred the right upon the executors to lease, and we are bound in the action to presume they exercised their power discreetly.

Third: The next and most important question is, what interest had the mortgagor in the leasehold estate when the action was commenced ? If the right he held when the mortgage was executed was afterward divested by the failure on his part to perform the conditions of the lease, there is nothing left upon which a decree can operate.

The mortgagee of a leasehold estate, in many respects, may be regarded as the assignee of the term. Whether he is bound to perform the covenants of the lease to rebuild, repair, or pay rent, has not, to our knowledge, been judicially settled in Ohio.

In England, though it was held, Dougl. 454, Eaton v. Jaques, that he was not unless he took possession, it has since been decided, 1 Ves. Jr. 235, Lucas v. Comerford, and in the later case, 1 Brod. & B. 238, Williams v. Bosanquet, that the mortgagee is liable, whether he takes possession or not. 2 Cruise, 11, tit. 15, ch. 2, §14. The same doctrine seems to be held in New Hampshire and Virginia; 4 N. H. 251, McMurphy v. Minot; 4 Leigh, 69, Farm. Bank v. Mut. Ass. Soc., etc.

[439]*439The courts of New York have adopted a different rule, 2 Paige, 68, Astor v. Miller; 5 Wend. 603, Astor v. Hoyt, placing the liability of the mortgagee of a leasehold out of possession on the same ground as the mortgagee of any other chattel. We think this is the better and more equitable rule, and adopt it, but we must still hold, that though there may b e no liability over to the lessor, the mortgagee may pay off any and every incumbrance of the estate, and if he is desirous to protect himself, it is his duty to do so, if he wishes to prevent a forfeiture for condition broken.

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Related

Astor v. Miller
2 Paige Ch. 68 (New York Court of Chancery, 1830)
Astor v. Hoyt
5 Wend. 603 (Court for the Trial of Impeachments and Correction of Errors, 1830)
Bright v. Boyd
4 F. Cas. 127 (U.S. Circuit Court for the District of Maine, 1841)

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Bluebook (online)
1 Disney (Ohio) 434, Counsel Stack Legal Research, https://law.counselstack.com/opinion/prather-v-foote-ohsuperctcinci-1857.