37 Mo. App. 132 | Mo. Ct. App. | 1889
delivered the opinion of the court.
The plaintiffs prosecute this appeal from an order of the circuit court, directing the assignee in the distribution of the proceeds of the sale of certain personal property, on which the plaintiffs, and other parties named in the order of distribution hereinafter referred to, claim conflicting liens. The question for decision is one touching the order of priority of such liens, and is to be determined upon the following statement of facts which were agreed to in the trial court.
The court, upon this showing, determined the priorities as follows: First. The mortgage of Wallace. Second. The judgment of White. Third. . The four other judgments rendered prior to October 24. Fourth. The plaintiffs’ claim, and those of other creditors, pro rata. The court also adjudged that the plaintiffs pay the costs. Prom this order the plaintiffs appeal.
We must observe at the outset, that there is nothing in the record to show that the property assigned by Roberts and its proceeds are insufficient to pay all the
However this may be, the plaintiffs’ claim must fail on more substantial grounds. ' We concede that the reservation in the lease was equivalent to a mortgage. Wright v. Bircher, 72 Mo. 179. As between the parties themselves, it was equivalent to a mortgage on everything which it was intended to cover; as to third persons it was a mortgage only on what it did cover by its express terms. The reservation is on the furnishing of the hotel, and there is no evidence whatever in the case that that term, by general usage in the community, means furniture, much less that it means furniture, utensils and personal property of all kind used in connection with a hotel, and which forms a part of the property assigned. The deed of assignment describes the property in detail, and not by the term furnishing. Webster does not recognize the existence of such a noun at all, while Worcester speaks of it as meaning a sample. How could the court without the aid of evidence, giving to the term used a generally accepted meaning in. the community, declare that the mortgage covered the property assigned or any part thereof? The term used is too indefinite to cover any specific property, as no person could by aid of the mortgage, with such*inquiries as'the instrument itself suggests, identify the property conveyed.
Additional questions arise upon the record, as to whether the liens of the four judgments attaching to the-property prior to the recording of the lease are not
the judgment is affirmed.