Thompson v. Cunningham

54 Mo. App. 17, 1893 Mo. App. LEXIS 134
CourtMissouri Court of Appeals
DecidedApril 25, 1893
StatusPublished

This text of 54 Mo. App. 17 (Thompson v. Cunningham) is published on Counsel Stack Legal Research, covering Missouri Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Thompson v. Cunningham, 54 Mo. App. 17, 1893 Mo. App. LEXIS 134 (Mo. Ct. App. 1893).

Opinion

Biggs, J.

In his annual settlements the appellant had taken credit for $177.75 and 129.04, which sums were paid by him on a demand allowed against Swan’s estate in favor of Elizabeth Davis. The final settlement, as presented in the probate court, showed a balance due the estate of $483.85. As this balance was insufficient to pay the demands of the fifth class in full, the appellant asked the court to order the amount to be distributed ratably among the holders of such demands, ■including that allowed in favor of Mrs. Davis.

The objections made to the final settlement pertain solely to the credits in. the annual settlements on account of payments on the demand of Mrs. Davis, and to the proposed final order of distribution which included that demand.

The objections rest on the following state of facts: On January 17,1877, the deceased executed his note to Greer W. Davis for $400, with David T. Pace andB. F. Wigginton as sureties. For the purpose of securing this note, and also to indemnify Pace and Wigginton against the liability assumed by them, Swan gave a deed of trust on forty acres of land. This conveyance is in the usual form, and, after reciting the execution of the note by Bwan as principal and Pace and Wigginton as sureties, it proceeds: “Now, therefore, if the said parties of the first part * * * shall well and truly pay and discharge the debt and interest expressed in said note and every part thereof, when the same becomes due and payable, *' * * then this deed shall be void. * * * But should the first parties fail to pay the said note or the said interest or any part thereof, * * * then the 'whole shall [20]*20become due and payable, and this deed shall remain in force, and the said party of the second part, * * * at the request of the legal holder of the said note or said securities or either of them, may proceed to sell the property. . * * * And such trustee shall out of the proceeds of said sale pay first the costs and expenses of executing this trust, * * * and next he shall apply the proceeds remaining over to the payment of said debt and interest, or so much thereof as remains unpaid; and the remainder, if any, shall be paid to the said parties óf the first part or their legal representatives,” etc.

Davis died, and Elizabeth Davis, his executrix, procured the allowance of the balance due on the note, which at the date of the allowance (1881) amounted to $355.52. At the November term, 1881, of the probate court, the appellant asked for an order for the sale of land to pay the debts of the estate. The petition for the order of sale included the forty acres above mentioned, which was therein designed as lot 3, and it contained the following statement im reference thereto: “Which land is incumbered with a deed of trust executed to David T. Pace and B. F. Wigginton by the deceased in his lifetime; and the amount secured is now $355, and is the same allowed in the name of Elizabeth Davis.’’ After referring to another tract of land, which was also incumbered, the petition contains the following: “The said administrator further states, that there are no means in his hands that can properly be applied to the redemption of said lands, and besides he does not believe it would be for the best interest of said estate to redeem; therefore, he prays that an order may be entered of record directing him to sell the equity of redemption in said lands for the purpose of paying the debts of said deceased at public sale.” The order of sale recites the incumbrance on .lot 3, [21]*21and directed its sale subject to it. In pursuance of this order of sale the appellant on the ninth day of May, 1882, sold lot 3 to James E. Brooks and E. B. Oliver for $10, and, the sale having been approved at the succeeding August term of the probate court, the appellant made and delivered a deed conveying to said purchasers the interest of the deceased in said land. Subsequently Brooks and Oliver conveyed the land by warranty deed to a third party, but they failed and refused to pay the Davis debt. Eight or ten years afterwards, but anterior to the final settlement, Pace and Wigginton advertised the land for sale under the deed of trust to reimburse them for the balance due on the Davis debt, which they had been compelled to pay. In order to prevent liability under his warranty, Oliver paid to Wigginton and Pace the amount which they had been compelled to pay, and stopped the sale of the land. Appellant made no attempt to obtain reimbursement for the estate for the amounts paid by him on the Davis debt, which payments were made subsequently to the purchase by Brooks and Oliver. There was evidence tending to prove that the value of the forty acres of land was in excess of the Davis debt. Under this proof the circuit court not only rejected the contested credits and refused to allow Oliver to share in the final distribution, but it charged the appellant with the balance due on the Davis debt.

Although Mrs. Davis had the right to demand, and it was the duty of the appellant to make, payments on her demand out of the general assets of the estate, yet it does not necessarily follow that the appellant is entitled to credit for such. payments. ' Brooks and Oliver bought the land subject to the mortgage. The petition and order for its sale show that the equity of redemption only was sold. After the purchase, the land stood as security to the estate for 'the satisfaction [22]*22of the Davis debt. The right to reimbursement out of the land for any payments thereafter made by the appellant on the Davis demand is beyond question. Greenwell v. Heritage, 71 Mo. 459; Welton v. Hull, 50 Mo. 296; Jackson v. Magruder, 51 Mo. 55. As the assets were insufficient to pay the other debts in full, it was the duty of the appellant to enforce this equity. Having failed and refused to do so, he must be held to have elected to make the claim his own. To hold otherwise would necessitate the extra expense of an administration de bonis non, which we do not think ought to be imposed on the creditors or other parties interested in the estate. ,

The argument that the deed of trust was collateral merely to the principal contract, i. e., the note, and that no liability could arise against the land until 'Wigginton and Pace should have paid the note, is fallacious The deed of trust expressly states that the land was conveyed to secure the payment of the note, and by the terms of the instrument the holder of the note in case of default could authorize a sale of the land, and when sold the proceeds were to be applied to the satisfaction of the note.

Brooks and Oliver bought the right to pay the Davis demand and to take the land.

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Related

Furnold v. Bank of the State
44 Mo. 336 (Supreme Court of Missouri, 1869)
Berthold v. Berthold
46 Mo. 557 (Supreme Court of Missouri, 1870)
Welton v. Hull
50 Mo. 296 (Supreme Court of Missouri, 1872)
Jackson v. Magruder
51 Mo. 55 (Supreme Court of Missouri, 1872)
Greenwell v. Heritage
71 Mo. 459 (Supreme Court of Missouri, 1880)
Benne v. Schnecko
100 Mo. 250 (Supreme Court of Missouri, 1889)

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Bluebook (online)
54 Mo. App. 17, 1893 Mo. App. LEXIS 134, Counsel Stack Legal Research, https://law.counselstack.com/opinion/thompson-v-cunningham-moctapp-1893.