4 Neb. 370 | Neb. | 1876
The plaintiff filed his petition in the district court of Otoe county, alleging that “on or about the eighteenth day of June 1874, Jacob Shoff, late of Otoe county, Nebraska, deceased, made and executed a chattel mortgage to the said plaintiff to secure the sum of $2125, which mortgage was duly recorded in the office of the clerk of Otoe county, Nebraska, on the nineteenth day of June 1874, and by the terms thereof, the sum of $1687.12
The defendants demurred to the petition, on the ground, that it did not state facts sufficient to constitute a cause of action. In December 1874, the demurrer was sustained, and the cause dismissed, to which the plaintiff excepted. The ease is brought into this court, by petition in error.
The rule is well settled, that a chattel mortgage transfers to the mortgagee, the whole legal title to the things mortgaged, subject only to be defeated by performance of the condition. Butler v. Miller, 1 Conn., 496. Tallon v. Ellison & Sons, 3 Neb., 74. Brown v. Bement, 8 Johns. 96. Ackley v. Finch, 7 Cow., 290. But the mortgagor, may redeem the mortgaged projerty, at any time before the sale. Charter v. Stevens, 3 Denio, 33. Lansing v. Goelet, 9 Cow., 372. Hart v. Ten Eyck, 2 Johns. Ch., 100.
The petition entirely fails to state a case that would authorize the interference of a court of equity to restrain the sale.
Whatever rights, the heirs of the Shoff estate may have in the mortgaged property, the plaintiff is not in a position, so far as appears from the petition, to champion their interests.
The judgment of the district court is therefore affirmed.
Judgment aeeiemed.