9 Ind. 202 | Ind. | 1857
This was a suit instituted by Snook and Binford, who were the plaintiffs, to obtain satisfaction of a judgment. The proceeding is founded upon a statutory
The affidavit in this case alleges that the plaintiffs, at the July term, 1855, recovered a judgment in the Montgomery Common Pleas, against John Figg, for 112 dollars, and that upon said judgment a writ of fieri facias issued, which, on the 29th of December, 1855, was duly returned nulla bona; that Figg has an interest in lot numbered 57, on the original plat of Crawfordsville, Montgomery county, which interest, over and above the amount exempted by law from execution, is sufficient to pay the judgment, and that the legal title to said lot is in one Edmund Nutt, but of his or Figg's precise interest, the affiants are uninformed. Nutt and Figg appeared and answered. Their answers admit the judgment, execution and return as stated in the affidavit; but aver that Nutt, in the year 1843, sold the lot in question to Figg, gave him a bond for a deed upon full payment of the purchase-money, and that under his purchase he, Figg, took, and still retains, possession of the property, and has made valuable improvements thereon; that Nutt still holds the legal title to the lot, and that of the purchase-money, there is yet unpaid 178 dollars, &c.
Upon the hearing, the Court found, inter alia, that Figg’s interest in the lot, after deducting the amount due for purchase-money, and 300 dollars exempt from execution, was of the value of 520 dollars. And thereupon it was finally adjudged that the interest so valued be sold for the payment of the plaintiffs’ judgment, &c. Figg appeals to this Court.
The appellant contends that the word “property,” as used in the enactment to which we have referred, in the
This is not, in our opinion, a proper exposition of the statute. Ch. J. Marshall has said that “the term 'property,’ as applied to lands, includes every species of title, inchoate or complete;” and that “it is supposed to embrace those rights which lie in contract; those which are executory, as well as those which are executed.” Soulard v. The U. S. 4 Pet. S. C. 112
In view of this interpretation of the word “property,” which is no doubt correct, we are inclined to hold that the interest sought to be appropriated in this action, is within the purview of the statute. Prior to the revision of 1852, the object contemplated in this case could have been attained by suit in equity, in the form of what was then denominated a creditor’s bill; and it is not an unfair conclusion, that the proceeding authorized by the enactment under consideration was intended as a substitute for the former remedy. We are, therefore, of opinion that the interest of a judgment-debtor in real, estate in his possession under a contract of purchase, the legal title being in his vendor, may be appropriated in the mode prescribed by the statute.
The judgment is affirmed with costs.
See 6 Binn. 98; 17 Johns. 283; 14 East, 370; 11 East, 290, 518.
See 2 Black. Com. 2, 15; 1 id. 138; 1 Jarman on Wills (Perk, ed.) 566, 570; 4 Kent’s Com. 535.