Carr v. Thompson, 67 Mo. 472

Carr v. Thompson

67 Mo. 472 | Mo. | 1878

Hough, J.

— This was a proceeding to enforce a vendor’s lien against certaiu lands in Lafayette county.' The defendant, Liese, denied the existence of the lien, and *474pleaded tlie statute of limitations The court below entered a decree in favor of the defendant, and the plaintiff has brought the case here by writ of error. The existence of the lien depends upon the construction to be given to an instrument, executed by the plaintiff, and others, which was intended to be a conveyance, but which, for the want of a seal, could not take -effect as a deed. Notwithstanding some errors of syntax, it sufficiently appears from that instrument, which beat's date October 25th, 1866, that on the 81st of May, 1866, William R. Estill became the purchaser of the land in question, as trustee for the joint benefit of himself, the plaintiff", David T. Carr, and the defendant, James E. Thompson ; that afterwards, on the 11th of September, 1866, said Estill, Carr and Thompson agreed in writing, that in consideration of $4,000, with interest from the 11th day of Septembei’, 1866, being paid by Thompson to Estill on the 1st day of December, 1866, and the payment to said Estill of the further sum of $4,000 with interest, on the 1st day of December, 1867, and a like sum, with interest, on the 1st day of December, 1868, and also in consideration of the sum of $2,002.19 being paid to said Carr on the 1st day of December, 1866, with interest from September 11th, 1866, by said Thompson, “ and that he, Thompson, should pay the said Carr the amount for which he may be liable as the security on the bond of one J. Henry Chiles, as guardian of his daughter, Sallie Chiles, as soon as the same is ascertained and known, say in twelve months from this date, (September 11th, 1866,) by note and security, with interest from this date,” said land should be conveyed to Thompson ; and said instrument was executed in fulfillment of that agreement, as and for a deed. After the foregoing recitals, a description of the land is given, and there occurs the following passage: “It is distinctly understood, that for all of said sums of money due from the said Thompson to said Estill, and to said Carr, liens on the land hereby conveyed are expressly reserved, and the land conveyed is liable for the same.” The *475foregoing conveyance or contract was duly recorded in Lafayette county, on the 5th day of December, 1866. All of the aforesaid sums were paid, except the one last mentioned, which was ascertained within twelve months from September 11th, 1866, to be $1,858.52. In the year 1868 the defendant, Thompson, conveyed the lands in question to the defendant, Liese, who is still the owner thereof.

1. VENDOR'S LIEN: independent security: meaning of the word due. Liese now insists that no lien was reserved in the deed from Estill and Carr to Thompson to secure Carr in the amount for which he was liable as surety on the hond of J. Ilenry Chiles, but that the am011xl-(; 0f said liability when ascertained, was, by the terms of the deed to be otherwise secured. "When the vendor of land requires independent or collateral security for the purchase money, in the absence of an express agreement to the contrary, he will be deemed to have waived his equitable lien therefor, on the land sold. Adams v. Buchanan, 49 Mo. 64; Durette v. Briggs et al., 47 Mo. 356; Sullivan v. Ferguson, 40 Mo. 79; Delassus v. Poston, 39 Mo. 425. In the present case it is evident that collateral security was required for one of the sums constituting the consideration for the land, but it is equally plain, we think, that the vendor also retained his equitable lieu therefor on the land sold. The language of the instrument is “ for all of said sums of money due from the said Thompson to said Estill and to said Carr,” liens on the land, are expressly reserved. The argument that the sum in question was not due is, we think, without force. The word “ due” was inaccurately used by the scrivener, but no one we presume, would pretend that it was not intended to refer to the deferred payments to be made to Estill, although they were not technically due. The word was manifestly used in the sense of “ owing,” and surely it could, with as much propriety, be applied to an unascertained sum as to one which was already ascertained and agreed upon. Both were alike parts of the consideration for the land, and one was as much owing or due as the other, and the vendor’s *476lien was, in our opinion, reserved for both. In this view of the case it will be unnecessary to consider the fact that the instrument intended as a deed, was operative only as a contract to convey, and that the deed from Thompson to Liese, by reason thereof, only conveyed an equity.

2 STATUTE OF LIMITATION: written promise to pay. The circuit court properly ruled that the plaintiff’s suit was not barred by the statute of limitations. The promise to pay was in writing, and though x x ° ° the sum to be paid was not expressed m the writing, but was by the terms thereof to be thereafter ascertained, that fact would not take it from under the operation of the ten year statute. Were the writing of such a character, that evidence aliunde would be required in order to show a promise to pay, the limitation of five years would apply.

We are all of the opinion that the judgment should be reversed and the cause remanded.

Reversed.