51 Conn. 64 | Conn. | 1884
This is a suit for the foreclosure of certain mortgaged premises, constituting an island, known as Ram Island, in Long Island Sound. The complaint alleges that the land mortgaged, at the time the deed was given, lay in the town of Southliold, Suffolk County, in the state of New York, and it is averred that the mortgage was recorded in the office of the clerk of Suffolk County in that state. It is further alleged that Ram Island, by the recent establishment of the boundary line between the state of New York and this state, has become a part of the town of Stonington in this state. The complaint is demurred to, so that the averment stands admitted that the island was, when the mortgage was made, a part of the state of New York.
We have heretofore held (Elphick v. Hoffman, 49 Conn., 331,) that the boundary agreed upon by the joint commission of the two states and established by the legislative acceptance of both states, was to be regarded as presumably a designation and establishment of the pre-existing boundary line which had become lost, and not as the establishment of a new line, leaving the matter open to proof in
We have thought it as well therefore to take the case as the parties have themselves presented it, the plaintiff by the averments of his complaint and the defendants by the admissions of their demurrer, and regard the island in question as having been within the state of New York when the mortgage was made, and afterwards brought within this state by the establishment of the boundary line. Indeed as the proceeding is in error we can not properly govern ourselves by anything but the record as it comes before us.
And in treating the island as within the state of New York when the mortgage "was made we are regarding the contract and the rights of the parties under it, precisely as they themselves understood them at the time.
The mortgaged premises having been in the state of New York when the mortgage was made, it is of course to be governed in its construction and effect by the laws of that state then in force. In McCormick v. Sullivant, 10 Wheat., 192, the court say: — “ It is an acknowledged principle of law that the title and disposition of real property is exclusively subject to. the laws of the country where it is situated, which can alone prescribe the mode by which a title to it can pass from one person to another.” The same doctrine is held in United States v. Crosby, 7 Cranch, 115, Kerr v. Moon, 9 Wheat., 565, Darby v. Mayer, 10 id., 465, and’ in many other cases. Indeed the doctrine is unquestioned law' everywhere.
Now, according to the laws of the state of New York ithen and still in force, a mortgage of real estate creates a mere chose in action, a pledge, a security for the debt. It
In Gardner v. Heartt, 3 Denio, 232, the court say: — “ The mortgagee, as such, has no title to the land mortgaged; he has neither jus in re nor ad rem, but a mere securitjr for his debt; the title to the land, notwithstanding the mortgage, remains in the mortgagor.” In Power v. Lester, 23 N. York, 527, the court say: — “ A mortgage is a mere security, an incumbrance upon land. It gives the mortgagee no title or estate whatever. The mortgagor remains the owner, and may maintain trespass even against the mortgagee. A mortgage is but a chattel interest; it may be assigned by delivery, and cannot be seized and sold on execution.” In Trimm v. Marsh, 54 N. York, 599, the court say: — “ The common law rule * * still prevails in England. There the courts still hold that the legal title passes to the mortgagee, and becomes by default absolutely vested in him at law, and that the mortgagor has, after default, nothing but an equity of redemption to be enforced in a court of equity. After default the mortgagor can again become re-invested with the title to his land only by a re-conveyance by the mortgagee. The same rule prevails in the New England states, and in many of the other states of the Union. But this common law rule has never, to its full extent, been adopted in this state. Here the mortgagor has, both in law and equity, been regarded as the owner of the fee, and the mortgage has been regarded as a mere chose in action, a mere security of a personal nature. * * At common-law payment or tender at the law day extinguished the lien of the mortgage and re-invested the mortgagor, without a re-conveyance by the mortgagee, with his title. But tender or payment after the law day did not have this effect, and in such case a conveyance was necessary; and such is still the law of England,
It follows, therefore, that while the land in question remained in the state of New York it was incumbered bjr a mortgage of this character; and when it came, into this state it bore with it the same burden precisely. There was nothing in the change of jurisdiction that could affect the contract of mortgage that had been made between the parties. ” The title to the property continued to remain in the mortgagor, and it remains in him still. This is clear. The laws of this state could not make a new contract for the parties or add to one already made. They had to take the contract as they found it.
Now it is clear that there is no remedy by way of foreclosure known to our law which is adapted or appropriate to giving relief on a mortgage of this character. Our remedy is adapted to a mortgage deed which conveys the title of the property to the mortgagee, and when the law day has passed the forfeiture, stated in the deed, becomes
What effect would such a decree produce upon a mortgage like the one under consideration, where the legal title remains in the mortgagor, and nothing but a pledgee’s interest is in the mortgagee, even after the debt beconres due ? It could only extinguish the right of redemption, if it could do that. It could not give the mortgagee the right of possession of the property, for the mortgagor has still the legal title, which carries with it the right of possession. It would require another proceeding in equity, to say the least, to dispossess him of that title, and vest it in the mortgagee. Hence it is clear that full redress cannot be given the plaintiff in this proceeding.
But the plaintiff has a lien on the property in the nature of a pledge to secure payment of the mortgage debt. And although our remedy of strict foreclosure may not be adapted to give redress to the plaintiff through the medium of such a lien, still a court of equity can devise a mode that will be appropriate; for it would be strange if a lawful lien upon property to secure a debt could not be enforced according to its tenor by a court of chancery. It is said that every wrong has its remedy; so it may be said that every case requiring equitable relief has its corresponding mode of redress. We have no doubt that a court of equity has the
And we further think that on an amended complaint, setting forth all the essential facts, and praying that if there shall be a default in redeeming the property during such time as the court shall allow for redemption, then the right of redemption shall be forever foreclosed, and the legal title and possession of the property be decreed in the mortgagee, such course might be taken.
' We think either of the modes suggested might be pursued; but inasmuch as the course which has been taken leaves the legal title and possession of the property in the mortgagor, we think the court erred in holding the complaint sufficient, and in passing the decree thereon.
There is error in the judgment appealed from, and it is reversed, and the case remanded.
In this opinion the other judges concurred.