True v. Emery

67 Me. 28, 1877 Me. LEXIS 4
CourtSupreme Judicial Court of Maine
DecidedJanuary 30, 1877
StatusPublished
Cited by1 cases

This text of 67 Me. 28 (True v. Emery) is published on Counsel Stack Legal Research, covering Supreme Judicial Court of Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
True v. Emery, 67 Me. 28, 1877 Me. LEXIS 4 (Me. 1877).

Opinion

Peters, J.

The main question to be decided is, whether an equity of redemption can be sold in separate portions or shares, by an officer, upon different executions, under the particular circumstances existing in this case. The precise question presented has never before arisen in any reported case in this state nor has it been decided elsewhere, under a statutory system like our own, that we are aware of.

[31]*31Two several creditors made simultaneous attachments upon a debtor’s real estate. The property attached turned out to be an equity of redemption. By virtue of the attachments, upon executions afterwards obtained, the equity was sold in moieties at the same time to the same bidder by the officer holding both executions, one undivided half thei’eof upon one execution and the other half upon the other. Can the sales be upheld ? We think they can. If not, then the circumstance that the attachments were made at the same time renders them both void. Attachments made at the same instant stand upon an equal footing. Neither can exclude the other. Each covers the whole estate as far as the debtor is concerned, and one half thereof as between each other; where neither moiety is appraised upon execution for a sum exceeding the amount due thereon. Fairfield, v. Paine, 23 Maine, 498. Durant v. Johnson, 19 Pick. 544.

The complainant relies upon several authorities, to show the sales to be void. We think the position taken is not sustained by the cases cited.

In Stone v. Bartlett, 46 Maine, 438, it was held that several distinct equities could not be sold upon execution together for a gross sum, but should be sold separately. The same decision is repeated in the case of Smith v. Dow, 51 Maine, 21. Fletcher v. Stone, 3 Pick. 250, decides the same question in the same way. The reason of the decision in those cases is, that a debtor has the right of redeeming one equity without redeeming the other. No such reason can apply in this case.

In Chapman v. Androscoggin Railroad, 54 Maine, 160, it was determined that our statutes do not permit the sale of an equity of redemption upon two or more executions jointly in favor of two creditors. Undoubtedly, such a proceeding was awkward and illogical in the extreme. Nor was there any necessity for it in that case. There the attachments were successive in point of time and not simultaneous. The equity could have been sold on one execution under the provisions of our statutes. R. S., c. 84, § 21. But here it is different. The equity could not be sold on one execution, because one half of the equity only could be held as attached thereon. It became necessary to provide a way to make such sales [32]*32as would save .both attachments and make them effectual. The distinction between that case and this, is a marked one, and the reasons upon which the conclusion in that case must rest, although having some appearance of it, are not really pertinent to such a state of facts as is presented here.

While we do not regard the foregoing cases as militating against, there are several cases which by their force and effect strongly support our present view. In Franklin Bank v. Blossom, 23 Maine, 546, it was decided that, where land situated in two adjoining towns is included in the same mortgage, an officer may sell the right of redeeming the land within one of the towns only. That decision approaches to the proposition sought to be established in this case, very nearly. If an officer could sell what was in one town on one execution, he might sell what was in the other town upon another execution, and the different creditors could resort toa court of equity to settle the matter between them. The complainant thinks that Bank v. Blossom, stands upon doubtful ground. But we do not perceive that its force has been broken by any of the later decisions.

The case of Durant v. Johnson, supra, is quite in point. In that case there were simultaneous attachments, by two creditors, of .the same parcel of land. One creditor levied upon the whole land, acquiring thereby a title to but a moiety of the land as against the other creditor. Therefore, an undivided moiety remained for the other creditor. By the law of Massachusetts, (same as here) a creditor ordinarily could levy only by metes and bounds upon an estate held by the debtor in severalty. But the latter creditor, to relieve himself from the predicament he was in, levied upon an undivided share of the land, and the levy was declared to be good. The court there, say: “There is no statute provision declaring the effect of simultaneous attachments, or directing the mode of'levying executions in such cases, but the court have applied to the cases that have occurred, such legal principles as would most effectually do justice to the conflicting claims of creditors, without violating any existing laws.” See Sigourney v. Eaton, 14 Pick. 414, and Verry v. Richardson, 5 Allen, 107.

Upon principle, we think these proceedings should be sustained. [33]*33We do not go so far as to say that an attachment and a sale of a part of an equity would be valid, when the whole is as open to attachment as any part of it. We confine our decision to the facts of this case. No injury need be suffered by the debtor, by selling his equity in this way. It may be an advantage to him. He can redeem from one sale and forego a redemption of the other, if he desires to. It is urged that a sale in two halves, by splitting the equity, would not bring so much money as a sale of the entirety would. That is not evident. But, if it was, any liability to loss could be avoided by the debtor, by redeeming from the sales, and less money would be required to enable him to do so. The purchaser holds the land subject to the mortgage. If the debtor redeems from both sales, his property is restored to him. If he redeems from one sale only, he becomes a tenant in common with the purchaser, subject to the mortgage. The debtor would then be in the same condition as he would be, had he conveyed an undivided half of the land to the creditor, subject to the mortgage. That would be, by no means, an uncommon relation of parties in an ownership of an estate, and it might be brought about in several ways. Should the debtor, as a tenant in common, redeem the estate by paying up the entire mortgage, he would have an equitable lien upon the half not his own, for the sum he may advance upon it. Nor is there any contingency affecting the situation of the debtor which would debar his interests from a reasonable and sufficient protection. Smith v. Kelley, 27 Maine, 237. Bailey v. Myrick, 36 Maine, 50.

The complainant, arguendo, says that an article of personal property cannot bo sold on execution in common and undivided shares. But it can be, if the debtor owns in it only an undivided share. And in such a case the debtor’s situation would exceedingly resemble the position of the debtor here.

The complainant next contends that the notice of sale given by the officer, as published in the Portland Argus, was not a legal and sufficient notice. But this point is not open to the complainant. If it was admitted by the respondents to have been the notice in fact given, the point would have been open. But the respondents refuse to admit it, and rely upon the return of the offi[34]*34cer, that he gave due and legal notice, as conclusive. The sworn return of the officer is conclusive. The rule is very general.

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Bluebook (online)
67 Me. 28, 1877 Me. LEXIS 4, Counsel Stack Legal Research, https://law.counselstack.com/opinion/true-v-emery-me-1877.