10 N.Y.S. 372 | N.Y. Sup. Ct. | 1890
This action was brought to recover the value of a portion of the plaintiff’s law library, together with an iron safe, which the defendant, as sheriff, sold under an execution issued against the plaintiff’s property. The value of the books so sold was $247.25. The plaintiff, being a practicing attorney and counselor at law, claimed these books as exempt under the statute, and forbade the sale upon that ground. Some time before the levy and sale already mentioned, the same books had been levied upon by the defendant under an execution issued against the property of one Guthrie. At that sale this plaintiff appeared, and claimed that the books did not belong to Guthrie, but to himself. The sheriff, however, proceeded to sell all the interest of Guthrie in the same. Guthrie’s interest in or ownership of the books was derived under a written agreement bearing date the 3d day of December, 1887, by w-hich this plaintiff, in consideration of the agreement of Guthrie to pay two certain promissory notes—one of them being for $221.50, and the other for $750—upon which this plaintiff was the principal debtor, and of which Guthrie was indorser for the accommodation of the maker, “agreed to sell, assign, transfer, and set over unto the party of the second part [Guthrie] all the right, title, and interest which the party of the first part has in and to all the text-books in his law library, now stored in the office of the party of the second part hereto, and also all the following law reports in his said library,” viz., (giving a catalogue of the same.)
It is now claimed by the plaintiff that this written instrument was merely an executory contract of sale, and that the transfer of the title of the books to Guthrie was conditioned upon the previous payment by the latter of the two promissory notes above mentioned. In this we think he is in error. The instrument itself bears inevitable evidence that it was the intention of the parties that the title to this property should pass to the purchaser. The property being already in the custody of the purchaser, there remained no act of delivery to be performed by the seller to make the transaction complete. The purchaser had the same rights under this agreement, and under this established fact of the actual possession of the property, as he would have had if actual and manual delivery accompanied the agreement. The instrument contains no clause showing that there was any retention by the plaintiff of title or the right to the possession of the property, until the payment of the two promissory notes had been made. The purchaser undertook, by his part of the agreement, not only to pay the promissory notes, but to indemnify and save harmless the maker from liability thereon. This was the consideration of the purchase. Whether this transaction is to be deemed an executed, or merely an executory, agreement is to be determined by the real intention of the parties, as manifested by the language of the agreement, and by the attending circumstances. Decker v. Furniss, 14 N. Y. 619; Hurd v. Cook, 75 N. Y. 454; Terry v. Wheeler, 25 N. Y. 525, and other cases cited in note; Benj. Sales, (3d Amer. Bd., notes by Kerr,) § 348. Had this agreement
The only remaining question relates to the iron safe, which was used for the keeping of the plaintiff’s register and other valuables. On the testimony of the plaintiff himself, who alone is called as a witness on that question, he was not entitled to its exemption under the statute, (2 Rev. St. p. 367, § 22; 3 Rev. St., 6th Ed., p. 626, §§ 22, 25,) for the reason that he did not own it, or have the possession of it. He testified that he had transferred it to another' person under an agreement that it should belong to that person- who had paid the plaintiff therefor, with the privilege reserved to the plaintiff to regain the property within a limited time, and for the same price. At the time of making claim to exemption for the safe, it was not in the plaintiff’s possession, but in the possession of the purchaser; and the plaintiff had done nothing towards purchasing or regaining possession of the same, even down to the time of the trial of this action. A mere equitable interest in personal property, where the legal title and the actual possession are in another, is not sufficient to enable a party to maintain trover for the conversion. The judgment should be affirmed. All concur.