Wolf v. Violett's Adm'r.

78 Va. 57, 1883 Va. LEXIS 9
CourtSupreme Court of Virginia
DecidedNovember 22, 1883
StatusPublished
Cited by5 cases

This text of 78 Va. 57 (Wolf v. Violett's Adm'r.) is published on Counsel Stack Legal Research, covering Supreme Court of Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wolf v. Violett's Adm'r., 78 Va. 57, 1883 Va. LEXIS 9 (Va. 1883).

Opinion

Fauktleroy, J.,

delivered the opinion of the court.

The transcript of the record shows that, the form of the action was covenant upon a deed of trust, dated January 29th, 1866, between William Wolf of the one part and H O.-Claughton of the other part, whereby the said Wolf conveyed a certain parcel or tract of land lying, situate and being in the county of Alexandria, hnown as “ Red Hill,” and containing five acres, in trust to secure to the said Robert G. Violett the sum of $2,500, with interest, which the said William Wolf owes to the said Robert G. Violett, as evidenced by Jive promissory notes of the said William Wolf, payable to the order of the said Robert G. Violett, each for the sum of $500, payable, respectively, on or before the 1st day of January, 1867,1868,1869, 1870 and 1871, each with interest from date of said notes, payable semi-annually, on the first days of July and January following. It is expressly agreed and provided that if the said Wiliiam Wolf shall fail to pay either of the aforesaid notes when the same shall become due and payable, or shall fail to pay the interest thereon semi-annually, then in that case the said H. O. Claughton, whenever thereunto directed by the said Robert G. Violett, or the holder of the note, or notes, hereinbefore mentioned, shall, after thirty days’ notice of time and place of sale, advertised in the Alexandria Gazette, proceed to sell, at public auction, to the highest bidder, the property herein conveyed for cash; and from the pro[59]*59ceeds of such sale, after first paying the costs and expenses of making and executing this trust, pay off and discharge the debt for the security of which this deed is executed, and pay over any balance remaining, after the payment of before mentioned notes, to the grantor, &c.

The plaintiff sued out the summons [November 28th, 1879? and filed his declaration at January rules, 188.0, and the defendant appeared, craved oyer of the deed of trust, and demurred to the declaration. At the July term, 1880, the court overruled the demurrer to the declaration, and thereupon the defendant pleaded covenant performed, and covenant not broken, and payment, on which issue was joined; and defendant also filed two special pleas, which.two' special pleas the court, on motion of the plaintiff, struck out, and the defendant excepted.

At the October term, 1880, the issues, joined between the plaintiff and defendant were tried by a jury, and a verdict was rendered against the defendant for $1,131.82, with interest from January 1st, 1869. The defendant thereupon moved the court to set aside the verdict and grant him a new trial; but the court overruled his motion, and entered up judgment in accordance with the verdict. The defendant objected to the deed of trust being heard in evidence before the jury, but the court allowed it to be done and defendant excepted thereto.

The plaintiff in error assigns the following errors:

1st. Overruling the demurrer; 2d. Striking out the two special pleas; 3d. Admitting the deed of trust in evidence ;■ 4th. Overruling the motion for a new trial.

The demurrer to the declaration (in covenant) raised the' point of law, Can a promise under seal be implied from a deed executed, not as an evidence of indebtedness, but simply to create a security ? or, in other words, does the bare recital of a debt in a deed of trust, suffice to convert the simple contract debt, secured by the deed of trust, into a specialty ?

[60]*60The suit was not brought within five years from the maturity of the five promissory notes; and the two special pleas, which were stricken out, raised practically the same ■question as the demurrer, to-wit: the five years’ limitation of the statute; and the determination of the question raised by the demurrer will dispose of. the special pleas. The deed of trust, upon which the action- is founded, does not contain any express covenant, or promise, to pay the debt; but it is contended by the appellees, and was held by the court below, that the language of the deed of trust -does raise an implied covenant to pay the debt itself, independent of the lien given by the deed of trust upon the •specific property conveyed as a security.

We think the touchstone of this contention is the intern-Mon of the parties.

“ The general principle seems to be that, although there be no words of express or direct promise, yet an acknowledgment of indebtedness may amount to such promise, if there is nothing to show that the acknowledgment was ■made with a different view” 2 Minor’s Inst. 755.

The contract of indebtedness, in the case at bar, was 'made and defined between the parties by five promissory notes, which evidenced only a simple contract debt; and the execution of a deed of trust on specific property merely as security for its payment; could not make it a specialty debt. The deed of trust had to be under seal to be valid; the seal is ah indispensable legal essential of the instrument itself, and is affixed to it, without any indention by the parties to create a specialty debt or obligation; but diverso intuitu, simply to create the instrument.

There is a plain and important distinction between deeds of trust, executed as collateral security for the payment of simple contract debts, and bonds and deeds and other promises to pay Under seal. The acknowledgment of the [61]*61debt or obligation, in the deed, or bond, or other promise to pay, can have but one possible object or intention, to-wit: the express or implied promise to pay; but the execution of a deed of trust, to convey specific property as security for a debt, or obligation, already subsisting, and the necessary recital of the debt, and words of reference to, and description of it, do not import a specific promise to pay, or create a debt or obligation of any higher dignity than the character of the debt intended to be secured.

The language of the deed of trust, in the case at bar, already stated at length, expressly excludes the conclusion that it was the intention of either party to the transaction to do more or other than to convey specific property for a certain purpose, to-wit: “ That, in default of payment of either of the aforesaid notes, or of the interest thereon semi-annually, then, in that case, the said trustee, whenever thereunto directed by the said Robert G-. Violett, or the holder of the note or notes hereinbefore mentioned, shall sell, &c., the property herein conveyed, for cash; and after first paying the costs and expenses of making and executing this trust, pay off and discharge the debt, for the security of which this deed is executed, and pay over any balance remaining after the payment of the before mentioned notesf &e.

This language, and not the mere detached words of reference to.or description of the debt secured by the deed, shows distinctly and indubitably the intention of the parties to make only an ordinary and usual deed of trust, as an incident of the simple contract debt, evidenced by the five promissory notes as collateral for the same.

In Jackson v. Sackett, 7 Wend. 94, it was held, that a note for a sum of money, referred to in a mortgage, does not thereby, without further proof, attain the .dignity of a sealed instrument: “ A mortgage is but an incident to the-debt, it is not the debt.” 7 Wend. 98. “ It is nothing more [62]

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Bluebook (online)
78 Va. 57, 1883 Va. LEXIS 9, Counsel Stack Legal Research, https://law.counselstack.com/opinion/wolf-v-violetts-admr-va-1883.