Smith v. Blaisdell

17 Vt. 199
CourtSupreme Court of Vermont
DecidedJanuary 15, 1845
StatusPublished
Cited by6 cases

This text of 17 Vt. 199 (Smith v. Blaisdell) is published on Counsel Stack Legal Research, covering Supreme Court of Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Smith v. Blaisdell, 17 Vt. 199 (Vt. 1845).

Opinion

The opinion of the court was delivered by

Williams, Ch. J.

The orator sets forth that he is the assignee of ,a bond, executed by the defendant Blaisdell to John Nason, on the 20th of August, 1833, in which Blaisdell obliged himself, on the payment by Nason of the sum of three hundred and seventy five dollars by the first of April, 1834, with the interest, to deed to him, Nason, fifty acres of land in St. Albans, which were deeded to Blais-dell that day by Israel P. Richardson. The land was a part of the William Nason farm, and was held by him under alease from Jotham Bush, providing for the payment of an annual rent of six dollars and twenty five cents. William Nason, who died in 1810, by his will devised his home farm to his wife during her life and widowhood, and this farm included about eighteen acres of the fifty acres before mentioned. The widow of William Nason died in the year 1829. The residue of the fifty acres was devised to Asa Lock and his wife during their lives. Sundry legacies iVere given in that will to Sarah Morrill, Polly Ryan, Betsey Hickok, — afterwards Mrs. Ainsworth, — and Peggy Nason. The residue of his estafe hé bequeathed to John Nason, he paying the legacies. The interest devised to Lock and his wife afterwards became vested in one 1 Hickok, who died without issue in 1821, leaving brothers and sisters, and his mother, Betsey Ainsworth, his legal heirs.

On the 21st of July, 1820, John Nason released all his right and [210]*210interest in the fifty acre lot to his-sisters, Sally Morrill, Polly Ryan, Peggy'Nason and Betsey Ainsworth. John Nason has always been in the occupation, with his mother, the widow of William Nason, during her life, and his sisters, of the whole of the home farm, of William Nason, until he surrendered the occupation of the fifty acres to the defendant Blaisdell, in May, 1834. Bush commenced an action of ejectment against John-Nason in February, 1827, the rent due on his lease having been unpaid, and recovered judgment in September, 1827, and a writ of possession was executed. It appears, however, that there was an understanding between John Nason and the agent of Bushin relation to this recovery, and Bush, at the request of Nason, executed a new lease to Israel P. Richardson, on payment of about the same rent, being six dollars and fifty cents. Richardson, in his testimony, says he held this in trust for John Nason, and as security for what he paid for rents to Bush, and for what John Nason owed him. There were some negotiations between John Nason and John Smith, Esq., and then between Na-son, Smith and the defendant Blaisdell, which terminated in Richardson’s executing a deed to Blaisdell on the 20th of August, 1833, and'BIaisdell’s executing the bond mentioned before. On the 7th of September of the same year Nason deeded all his interest in the land before mentioned to the defendant. This deed, as well as the one from Richardson and the bond, although the dates are different, were undoubtedly part of one and the same transaction. Having failed to pay the sum mentioned in the condition of the bond, John Nason surrendered the possession to the defendant, who has remained in possession ever since.

The orator, Smith, having purchased the home farm of William Nason, took an assignment of the bond before mentioned from John Nason in April, 1836. Betsey Ainsworth, Peggy Nason and Sally Morrill have also deeded to him all their interest in the fifty acres, they being the heirs and devisees of William Nason, and also holding by grant from John Nason, by his deed of July 21, 1821, before mentioned, and the said Betsey Ainsworth being also one of the heirs of Hickok, before mentioned, who appears to have had the legal title to that part devised to Lock and his wife; — and, in respect to this, it appears that, when Hickok purchased, but a small [211]*211share of the purchase money was paid by him, but it was principally paid, or procured to be paid, by John Nason. Having these several legal and equitable interests, the orator, Smith, preferred this bill in December, 1839, for the purpose of compelling the defendant to release to him the land before described, on being paid the amount specified in the condition of the bond before mentioned. He had previously, — in March, 1837, — commenced his action of ejectment in the name of Peggy Nason against the defendant, to recover possession of the same land, and that cause is also before us on exceptions.

A variety of questions have been discussed, both in this case, and in the case at law, which it will not be necessary for the court to decide. Indeed, most of the questions, which arise on this bill, are also involved in the case in favor of Peggy Nason against the defendant, although the parties have to take different views of the same question in the one case, and in the other. It is contended on the part of the orator that the estate, which the defendant received by virtue of his deeds from Richardson and from Nason, was, in consequence of the bond he executed, but in the nature of a mortgage, and that the parties are to be treated in the character of mortgagee and mortgagor ; while it is contended, on the part of the defendant, that he made an absolute purchase, and only contracted to convey to Nason as a purchaser, on his making the stipulated payment.

It clearly was not a technical, legal mortgage; but we are inclined to the opinion that the parties viewed it, in some measure, in that light. Richardson held the estate as a security, and Biaisdell, by taking the deed from Nason as well as Richardson, executing the bond to Nason of even date with the deed from Richardson, and suffering Nason to remain in possession until the time stipulated, evidently contemplated that Nason had an interest in the estate, that it was subject to redemption, and that he did not consider it as an absolute, unconditional purchase. The court, therefore, would not have considered time so far of the essence of the contract between the parties, as that they would not have relieved Nason from the forfeiture occasioned by his not literally complying with the condition of the bond, by paying the amount due on the very day. Na-[212]*212son’s remaining in possession paying no rent, but being under obligation to pay the amount due to the defendant, with the interest thereon, as a condition of the defendant's deeding to him, would undoubtedly have induced a court of equity to have granted him relief, if applied for in season. But, inasmuch as he abandoned the possession to Blaisdell, took no steps whatever to pay the amount due, and offers no excuse for not so doing, the court would not have been inclined to sustain this bill, brought after the lapse of so long a time, and relieve either Nason, or the orator, from the consequences of not complying with the condition of the bond, and paying the money when due. The orator has therefore framed Jhis bill with a double aspect, and has set forth other grounds for equitable relief. It becomes, therefore, necessary to examine what title the defendant has to the premises in question.

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Bluebook (online)
17 Vt. 199, Counsel Stack Legal Research, https://law.counselstack.com/opinion/smith-v-blaisdell-vt-1845.