Waldron v. Letson

15 N.J. Eq. 126
CourtNew Jersey Court of Chancery
DecidedOctober 15, 1862
StatusPublished
Cited by1 cases

This text of 15 N.J. Eq. 126 (Waldron v. Letson) is published on Counsel Stack Legal Research, covering New Jersey Court of Chancery primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Waldron v. Letson, 15 N.J. Eq. 126 (N.J. Ct. App. 1862).

Opinion

The Chancellor.

In the year 1819, Thomas Letson was seized and possessed of a lot of land and premises, at the corner of Albany and Spring streets, in the city of New Brunswick, known as the tanyard lot. To the entire front of the lot on Albany street, and to about one hundred and nineteen feet of the front on Spring street, he claimed title by two deeds; the first from the trustees of Freeman, dated in 1813, for that part of the premises which composed the [127]*127original tanyard lot, and the second from Philip Oakey, dated in 1822. In 1819 the original tanyard lot was enlarged by the addition of thirty feet on Spring street, or Spring alley, taken from the north, or rear end of two lots owned by Letson, fronting south on Church street. In 1828 the tanyard lot was further enlarged, by additions from the north, or rear end of other lots on Church street, owned by Letson. Being thus seized, on the twenty-fifth of January, 1851, Thomas Letson executed to his son, John S. Letson, a mortgage to secure the payment of $6000 “ on all that certain lot of land, with the erections thereon,” situate on the southerly side of Albany street, describing the land by metes and bounds, included in the two deeds from the trustees of Freeman and from Oakey, but not including the additions subsequently made to the premises from the rear of the Church street lots. On the fourth of February, 1859, upon a bill filed by William Dunham, an assignee of the said mortgage, a decree was made for the foreclosure and sale of said mortgaged premises. On the thirteenth of July,. 1859, the premises were sold, by virtue of an execution issued upon the said decree, by the sheriff of Middlesex to William Waldron, who became the purchaser for $5530. On the twenty-seventh of July a deed, in pursuance of the sale, was executed to the purchaser. At the time of the sale, and for many years previous, the additions made from the Church street lots had been enclosed and used with the tanyard lot, as a part of the same premises. They were so at the time of the sale. Thirty feet of the principal building on the premises then stood on the ground taken from the Church street lots not included within the description of the mortgage. The property, when offered for sale under execution, was spoken of by the sheriff as the tanyard property, though no description of it was given by him variant from that contained in the execution. The purchaser took possession of the whole premises enclosed and known as the tanyard lot, and has expended $5C0 in repairs of the building on the premises. On the thirty-first of May, 1861, Thomas W. Letson, a son [128]*128of the mortgagor, who claims title to the premises by devise of his father, commenced an action of ejectment for the recovery of the thirty feet on Spring street upon which the grist mill stands. The bill in this cause was thereupon filed, claiming that the mortgage, execution, and sheriff's sale were intended to cover and convey the entire lot, with the buildings thereon, praying that the sheriff’s deed might be reformed and rectified by inserting sixty-three, instead of thirty-three feet, as the length of one of the lines on Spring street, so as to include the premises in dispute, and that the plaintiff in ejectment might be restrained from further prosecuting his action.

It is satisfactorily shown, by the evidence, that the mortgage was originally understood and designed to include the premises in dispute. As early as 1819, the thirty feet on Spring street was added to and made parcel of the tanyard, a bark-shed being erected thereon, and forming the south line of the lot. Since that time it has been used and occupied as a part of the tanyard lot, and lain within the same enclosure. In 1822, Thomas Letson, the mortgagor, sold and conveyed the adjoining lot on Church street up to the bark-shed. The boundaries of the tanyard, so far as the present controversy is concerned, continued unchanged from the year 1819 to the present time. In 1839 the mortgagor, by will of that date, devised the premises to his son, Thomas W. Letson, by the following description : The tanyard lot and buildings, including all the land on Spring alley to lot of John S. Letson in Albany street.” Under this devise the defendant claims title to the premises in dispute, and they are undoubtedly included in the description. On the twelfth of May, 1848, articles of agreement were entered into between Thomas Letson and his son, Thomas W. Letson, by which the premises were leased to the son for a term of years, in and by which instrument it was agreed, among other things, that the lessor, Thomas Letson, should erect a substantial brick building on said lot for manufacturing purposes for the benefit of the lessee. The agreement recites that “ Thomas [129]*129Letson is seized and possessed of a certain lot and premises, ■with the buildings thereon, situate at the corner of Spring alley and Albany street, in New Brunswick, and by his said last will and testament hath devised the said lot of land and premises unto the said Thomas W. Letson.” A brick building was thereafter erected on the premises, fronting on Spring alley seventy feet, by forty feet in depth. The south end of of the building corresponded with the south line of the tan-yard lot, as previously used, so that thirty feet of its length on Spring street stood upon the ground added to the original tanyard from the roar of the Church street lots. The premises were in this situation on the twenty-fifth of January, 1851, when the mortgage in question was given by Thomas Letson to his son, John S. Letson. The mortgagee testifies that the mortgage was understood by him to cover the whole lot, and ho believes it was so understood and intended by the mortgagor. The counsel of the mortgagor, by whom the mortgage was drawn, and who also drew the will of the mortgagor and the lease from him to his son Thomas, states that he was instructed by the mortgagor to prepare the mortgage upon the share of his real estate which he had devised to his son, Thomas W. Jjetson, assigning particularly his reasons for placing the mortgage upon that property, and that the mortgage was intended to embrace this property. , The written instruction to counsel, or the statement of the mortgagor’s wishes, written two days before the date of the mortgage, is produced, in which the mortgagor states that, as many changes have taken place since his will was executed, he desires some alteration respecting that portion given to Thomas W. Letson; that ho has placed in cash $6000, which he wished to be secured by bond and mortgage in favor of John S. Letson on the mill and tanyard property.” The “ mill ” upon which the mortgage was to be given was the brick building, thirty feet of which stands outside of the lot described in the mortgage. The mortgage was given, in part at least, as security for money advanced in the construction of that building; and yet the description of the premises [130]*130contained in the mortgage runs nearly through the centre of the building, utterly destroying its value for all the purposes for which it was intended and used, and greatly impairing the security of the mortgage. It is incredible that such should have been the intention either of the mortgagor or mortgagee. By an agreement, entered into on the twenty-"second of February, 1851, by the mortgagor with his son, John S. Letson, it is recited that the mortgagor had agreed with his son, Thomas W. Letson, to erect a brick building on the lot at the corner of Spring alley and Albany street, at a cost of $2000; that the building had been erected at the cost of about $4000, and that he had executed a bond and mortgage on said premises

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Cite This Page — Counsel Stack

Bluebook (online)
15 N.J. Eq. 126, Counsel Stack Legal Research, https://law.counselstack.com/opinion/waldron-v-letson-njch-1862.