So far as is necessary for the determination of this appeal, the facts in the above-entitled action are as follows: On or about June 8, 1888, Walter M. Savage was doing business in the city of Watertown as a hardware merchant. Being in embarrassed financial circumstances, he made an alleged assignment of his property, real and personal, except his legal
The proceedings of the defendants were based upon the assumption. that the deed of assignment was void because the certificate of acknowledgment is so defective that the deed was not entitled to record, and that the spreading of it upon the records was a nullity. If not entitled to record, it was not, in contemplation of iaw, recorded. It would, however, be good as to creditors who, with notice, assented to it. But the defendants deny either notice or assent.
Sections 4664 and 4665, Comp. Laws, provide that “an assignment for the benefit of creditors must be in writing, subscribed by the assignor or by his agent thereto in writing. It must be acknowledged or proved and certified in the mode prescribed by the chapter on recording transfers of real property;” and, “unless the provisions of the last section are complied with, an assignment for the benefit of creditors is void against any creditor of the assignor not assenting thereto.” Section 3288, Comp. Laws, relating to the certificate of acknowledgment and to recording transfers of real property, provides that “such certificate of acknowledgment, unless it is otherwise in this article provided, must be substantially in the following form: (Venue.) On this - day of--, in the year -, before me personally appeared ---, known to me, or proved to me on the oath of-, to be the person who is described in and who executed the within instrument, and acknowledged to me that he (or they) executed the same.”
In the acknowledgment upon the deed of assignment the words “known to me, or proved to me on the oath of-, to be the person who is described in and who executed the within
In the acknowledgment under consideration the certifying officer fails to state that the person executing the deed of assign
But was the certificate sufficient to entitle the deed of assignment to record, and was it such an instrument as would import a constructive notice of its contents by registration? Section 8269, Comp. Laws, provides that “before, an instrument can be recorded * * its execution must be acknowledged by the person executing it, * ':f or proved by a subscribing witness, as provided in sections 3285 and 3286, and the acknowledgment or proof certified in the manner prescribed by article 3 of this chapter.” We think the rule has been well settled that when it is provided by statute that in order to the registration or recording of a conveyance the deed shall be acknowledged before some officer, and said certificate shall substantially contain a certificate of certain facts, if the deed is recorded without the prescribed acknowledgment the recording or registration will not be constructive notice, to any one. 2. Washb. Real Prop. (3d Ed.) 139; Blood v. Blood,
The law of this state relating to an assignment for the benefit of creditors is quoted in the forepart of this opinion, being sections 4664 and 4665, Comp. Laws, and requires that the assignment shall be duly acknowledged and duly recorded, and'unless so acknowledged and recorded it is void against every creditor of the assignor not assenting thereto.
Tilien an assignment is' made to a trustee for the benefit of creditors not parties to the deed, it may be laid down as a general rule that the assent of the creditors is riot necessary to its validity, and the legal estate or title will pass to the assignee without such assent, provided the assignment is made in accordance with the statute. It has also been held' that if the trust be for the benefit of creditors the law will presume that they have assented to it until the contrary has been shown. “That which purports to
The assent of a creditor may be given to an assignment either by becoming a party to it, or by assigning an acceptance appended to it, or by verbally assenting to its terms, or by actually receiving the benefits of it, or by claiming such benefits, or by taking-legal- measures to obtain such benefits. Burrill, Assignm. § 289; Bank v. Deming,
• In the case at bar the assent is claimed by receiving some benefit from the assignment by the defendants, and verbally assenting to it by their attorney, Bean. This question of fact has been found in favor of the respondents by the court below. When the evidence is conflicting, this court will not weigh the evidence, or go further than to determine from it whether or not the respondents have given sufficient legal .evidence to sustain the verdict of the jury or the finding of fact by the court. This will be done without regard to the evidence on the part of the appellants, except so far as the same tends to sustain the verdict or the finding. Jeansch v. Lewis, (S. D.)
Cannon, the assignee, testified that one Hurty was employed to assist in taking the inventory, at the request of an attorney named Bean. He says, after he commenced selling the goods of the assignor, Bean was present, and saw him doing so, and made
The next question arising in the case is, can the defect in the certificate of acknowledgement be cured, so as to give the assignee title or right to the property named in the deed of assignment? Section 3289, Comp. Laws, provides: “When the acknowledgment or proof of execution of an instrument is properly made, but defectively certified, any party interested may have an action in the district (circuit) court to obtain a judgment correcting the certificate.” “Any person interested under an instrument entitled to be proved for record may institute an action in the ( district court against the proper parties to obtain a judgment proving such instrument.” “A certified eopy of the judgment in a proceeding instituted under either of the two preceding subdivisions, showing the proof of the instrument and attached thereto, entitles the instrument to record, with like effect as if acknowledged.” The uncontradicted testimony of Williams,- the certifying officer, shows that Savage, the assignor, did actually acknowledge the deed, and that he was personally known to him, having been acquainted with him for three years, and that he is the person, who is mentioned in it. Savage, the assignor, testifies that he is the person who- made the acknowledgment upon the deed of assignment. The fact of the acknowledgment being undisputed, under the provisions of the statute, in a proper action for that purpose, it is the duty of the court,
Having reviewed all the questions arising in the case, and finding no substantial error in the proceedings of the court below, its judgment is affirmed.
