4 Paige Ch. 441 | New York Court of Chancery | 1834
It is not material to inquire whether the master was right in his conclusion, that the judgments against Bailey were not liens upon the husband’s life estate in Ms wife’s share of the premises. By the amendments to the partition law, as adopted by the legislature in 1830, a. conveyance to the purchaser, under a partition sale, is a bar against all persons having general liens or incumbrances, by judgment or decree, on any undivided share or interest in the premises sold, in all cases where notice to such creditors has been given as prescribed in the statute. (3 R. S. App. 156, § 45, 49.) The purchaser has therefore only to inquire whether a reference has been had, and notice given to the creditors having general liens upon any of the undivided shares, to come in and prove their claims as directed by the statute. The only object of this reference is to enable the court to distribute' the purchase money in a proper manner; and if the master reports against the claim of any person having a lien, by judgment or decree, upon the share of any of the parties, the
The other objection to the title is of a different character; but upon the facts disclosed, it cannot be sustained. The court neither gives, or requires a vendor to give, to a purchaser, a title against which there can be no possibility of a valid claim. The purchaser is only authorized to object to the title when there is a probability that some other person has a valid claim or subsisting lien upon the premises. In the case of Giles v. Baremore, (5 John. Ch. Rep. 552,) Chancellor Kent lays it down as an established rule, both at law and in equity, that a mortgage is not evidence of a subsisting title or interest in the mortgagee, if he has never entered under the mortgage, and there has been no interest paid, or demand thereof made for 20 years. And he refers to several decisions of the supreme court to the same effect. Here the mortgaged premises have been holden adversely to these mortgages for twenty-five years, and upwards; and there is not "the slightest probability that the purchaser at the sheriff’s sale, in 1808, or any person claiming under him, has ever admitted the existence of these mortgages as a valid or subsisting lien upon the premises, or that any interest has been paid by them. The mortgagor also died as early as 1812; he could not, therefore, have recognized the mortgage as a subsisting debt, within the last twenty years. And as no claim has been made by either of the mortgagees for such a length of time, the only reasonable conclusion which can be drawn from the facts in this case is, that these mortgages, if they were ever justly due, must have been paid and satisfied by the mortgagor, previous to his death. Although he permitted these particular premises to be sold on execution, yet, from the circumstance that he made a will, which was proved by his executrix in 1812, the presumption is, that he had other property, out of which the mortgages might have been satisfied, either by him or by his personal representatives. I cannot say, therefore, that this is a doubtful title, or that these purchasers run any other risk, in taking the same, than such as purchasers in all cases must necessarily rim ; that is, that the title may possibly