Warner v. Everett

46 Ky. 262, 7 B. Mon. 262, 1847 Ky. LEXIS 7
CourtCourt of Appeals of Kentucky
DecidedJune 14, 1847
StatusPublished

This text of 46 Ky. 262 (Warner v. Everett) is published on Counsel Stack Legal Research, covering Court of Appeals of Kentucky primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Warner v. Everett, 46 Ky. 262, 7 B. Mon. 262, 1847 Ky. LEXIS 7 (Ky. Ct. App. 1847).

Opinion

Judge Simpson

delivered the opinion of the Court.

In the year 1841, Everett filed his bill in chanceiy, and sued out an attachment thereon, against James Warner, alledging that thedefendant was indebted to him by note,in several sums of money, and that he held on him twro debts secured by mortgages, one of which had been executed by [263]*263him to Ellis & White, the other to Ellis alone ; the benefit of both of which he claimed by assignment from the mortgagees. Both mortgages embraced the slaves Maria and her child, and no other property. He charged in his bill that he believed the defendant, Warner, would sell, convey, or otherwise dispose of said slaves, with the intent to hinder, delay and defraud him in the collection of his debts, unless prevented by attachment — and he also made the mortgagees, Ellis and-White, defendants.

By virtue of Everett’s attachment, the Sheriff took the slaves, Maria and her two children, she having been delivered of another child after the date of said mortgages, and WTarner having failed to execute bond for their delivery, the Sheriff kept the possession of them, and handed them over to a bailee.

Afterwards, on the 19th of January, 1842, the defendant, James Warner, executed to his brother Joseph Warner, a bill of sale for the three slaves, at the price of $750, to be paid, by first discharging the debts secured by mortgage on the slaves, and the balance to be applied to the payment of execution debts for which Joseph Warner was bound as James Warner’s security.

- During the pendency of the chancery suit; Everett instituted an action at law, upon one of the debts secured by note, which he had set up and claimed in his bill, and having obtained a judgment and sued out an execution, had it levied on the slaves Maria and her children, and became himself the purchaser of them, at the price of $182 36 cents, at a sale under the execution, made by the-Sheriff.

This execution -did-not issue until some time after the sale made by James Warner to his brother Joseph. The slaves were held by the Sheriff under the attachment, when both the sales were made.

Besides the mortgage debts claimed by Everett, there were three other mortgages on said slaves, at the time that Joseph Warner purchased them from his brother, one given to William White, which is elder than either of the others, one to Walker Chambers, and the other toT)aniel Walker; the mortgages transferred to Everett beingjunior in date to all the others.

Questions arising in the case.

Joseph Warner having after his purchase of the slaves, paid to William White the greater part of the debt due to him. obtained from him an assignment of his mortgage, and in 1843, filed his bill in chancery, setting out all these facts, making Everett and the mortgagees, and Jas. Warner defendants, and claiming the right to redeem and hold the slaves by paying the debts remaining due oa the several mortgages.

These suits were consolidated and heard together, and a decree rendered directing a sale of the slaves for the payment of all the debts secured by the mortgages, and also the debts due to Everett, not embraced by the mortgages.

Two questions present themselves for our consideration :

First: Has Everett shown himself entitled to a decree for the debts not.secured by mortgage.

Secondly: Is the purchase made by Joseph Warner from his brother, legal and valid'.

If Everett’s attachment can be sustained, it must be •on the ground that by making a sale of the attached property, after the institution of the suit, and during its pendency, an infeienee arises that an intention existedwhen the suit was brought, to make a fraudulent disposition of the property. If the sale be in itself fair, and made for the purpose of paying debts, and the proceeds so appro’ priated, it not being fraudulent when made, cannot by any fair process of reasoning, aulhorize the conclusion of a previous fraudulent intention.

A presumption is attempted to be raised against its fairness, upon the ground that the bill of sale recites the liability of Joseph Warner as security in executions, when two of the debts afterwards paid by him, the one due to F. W. Allen and the other to McNeil and Thomas, had not then been replevied by him as security. But it appears that for these two debts, he was security upon the notes; that execution had issued upon one and was in. the hands of the officer, and although no judgment had been obtained on-the other, process had issued upon it, and been executed upon him and his brother. He was [265]*265íhus as securily, liable for both these debts at the time, and the recital in the bill of sale is substantially true.

To sustain an attachment in chancery, it is necessary ta show a fraudulent in tentbefore the suing out-of the attachment; to prove it to have originated afterwards -wHil •not-do. 'To authorize a ■creditor to eome into chancery to ask the foreclosure of mortgages and subject the property mortgaged to the payment of his debt, he must have judgment.

The evidence, so far from justifying Everett in suing out the attachment, shows that the defendant, James Warner, had, at the time that Everett’s suit was brought, other property which he kept in his possession for some considerable time, not evincing any disposition to secrete it, orto place it out of the reach of his creditors, although ■debts were constantly pressing him, and his property-was ■all exhausted in about a year after Everett had broughtbis suit against him. No single act or declaration is proved to have occurred before the suit was brought, that would tend to show the existence of a fraudulent intention to ■place his property beyond the reach of bis creditors. He was no doubt very much involved in debt, even beyond his means of payment; but that fact did not, of itself, justify a creditor to sue-out an attachment, and thus attempt, by a perversion of the object of our statute which ■authorizes this manner of proceeding in cases where fraud is contemplated, to obtain an undue advantage over other creditors, who being unwilling to make the oath required ■in such cases, are pursuing the ordinary mode for the collection of their debts.

It is, however, urged on the part of Everett, that be hada right, although bis attachment cannot be sustained, -to come into a Court of chancery as a general creditor, for the purpose of having the mortgages foreclosed and the residue of the proceeds of the sales of the property, if any, after the mortgage debts were discharged, applied to the payment of his debts. It is only necessary, hów■ever, on this point, to remark, that to enable a creditor to come into chancery for this purpose, he must have obtained a judgment, and be in a position to require the Chancellor to give him aid, in the removal of an incumbrance that forms an obstacle to the full success of his legal remedy.

And although Everett had obtained a transfer of two ■of the mortgages, and had on that ground a right to institute his suit, yet as they were transferred to him merely for collection, having no interest in them himself, and the •debts due to him having been contracted before thetrans[266]*266fer, and not on the faith or credit of the property mortgaged, the doctrine of tacking, were it ever recognized in this State, in its most extensive application, would not embrace this case.

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Bluebook (online)
46 Ky. 262, 7 B. Mon. 262, 1847 Ky. LEXIS 7, Counsel Stack Legal Research, https://law.counselstack.com/opinion/warner-v-everett-kyctapp-1847.