87 Ga. 414 | Ga. | 1891
The promissory note was not under seal, and the aetiou upon it was commenced more than six years after it became due. Confessedly the bar of the statute had attached if this result was not prevented by suing also upon the mortgage, which was under seal and contained a covenant binding the mortgagor to pay all reasonable attorney’s fees of collecting the note if the note was not paid at maturity. The two instruments were separate and distinct, and founding the action upon both did not aid one of them to uphold or extend the other. This court has ruled that the bar of the statute might attach upon a promissory note secured by mortgage, and the mortgage itself be still enforceable against the specific property, the proceeding to foreclose being commenced before the mortgage also was barred. Elkins v. Edwards, 8 Ga. 325. This implies that each instrument will go out of date when the period of time has elapsed fixed by the statute for bringing actions upon instruments of its own class. Let it be conceded that the covenant in the mortgage to pay attorney’s fees would run and retain vitality as long as the lien which the mortgage creates, still the declaration does not disclose that any attorney’s fees have been incurred in any proceeding to collect the note commenced whilst the note was collectible by law. Surely the covenant is not susceptible of the construction that attorney’s fees are to be paid for an ineffectual attempt to collect the note, made in this present suit, a suit begun after the bar of the statute had attached. No breach of the covenant would or could result from the non-payment of counsel fees for commencing and prosecuting an ineffectual action on a barred debt; and
Judgment affirmed.
