20 Ind. 481 | Ind. | 1863
The appellant, who was the plaintiff, sued Wylie Williams, Joseph E. Goss, William D. Alexander, Curtis G. Hussey and Noah Allison, president of the Bank of Gosport, alleging, in his complaint, that in December, 1858, he recovered, in the Putnam Circuit Court, a judgment against William D. Alexander, then the president of said bank, and others, stockholders therein, for 6,000 dollars; that an execution was duly issued thereon, and by virtue of it the sheriff levied on parts of lots Nos. 3 and 4, in block No. 10, in the town of Gosport, fronting 24 feet on Main street in said town; and that afterwards, in July, 1859, the property so levied on was duly offered for sale by the sheriff, and by him, for the consideration of 200 dollars, duly sold to the plaintiff* who received a deed pursuant to the sale, whereby all the-right of said bank in and to said property passed to and became vested in him; that the property was purchased by the bank of William D. Alexander, Curtis G. Hussey and Joseph E. Goss; that is to say, she purchased 12 feet of it from Alexander, and the residue, being 12 feet, from Hussey and Goss, for which she agreed to pay 500 dollars; to be paid as follows : 250 dollars to Alexander, and 250 dollars to Hussey and Goss; that the bank, in pursuance of her purchase, .took pos
The defendants demurred to the complaint; the Court sustained the demurrer, and the plaintiff excepted, &c. Final judgment was rendered, &c.
The complaint assumes that, by the sheriff’s sale and conveyance, all the rights of the bank in and to the property passed to and vested in the plaintiff'. This position can not be maintained. The judgment upon the- execution issued was no lien on the property; the bank had not the legal title, and the result is the sheriff’s sale was inoperative and did not invest the plaintiff’ with any effective interest in the premises. Modisett v. Johnson, 2 Blackf. 431. This decision has been recognized as correct by various adjudications of this Court, and is decisive of the point under discussion. Rut the appellant insists that though he may not have any rights growing out of the sheriff’s sale, still, “ upon the facts conceded by the demurrer, he is entitled in equity to compel the entry of the credits for the money actually paid by the grantors, and to compel deeds from them.” No argument or authority has been adduced in support of these propositions, nor do we know of any. Perhaps the facts alleged, if they exist, would entitle the plaintiff to proceed under the statute regulating “ proceedings supplementary to execution; ” but this is not such a proceeding, nor has he any rights dedueeable from the alleged facts which would authorize the Court, upon his complaint, to compel the entry of the credits, or the conveyance of the property. We think the demurrer was- well taken, and hence the judgment must be affirmed.
The judgment is affirmed, with costs.
(1) Petition for rehearing, overruled, August 26, 1863.