This case comes before us upon a report under the St. of 1869, c. 438. We can consider only the questions of law raised in the report.
1. The first question is, whether the plaintiffs can unite in this action. The three mortgages to the plaintiffs are of the same date, were delivered simultaneously, and each contains the provision that “ this mortgage is of the same date, given at the same time, and to be recorded with ” the two other mortgages, “ all of which are alike in time, and neither is to have precedence of the other, but to be alike security to eаch.” We cannot doubt that the rights of the mortgagees are the same as if they had been mаde parties to one mortgage, to secure to each his separate debt, аnd that the three mortgages are to be treated as substantially one conveyance. This being so, the plaintiffs were tenants in common of the property conveyed by the mortgаges. Hubby v. Hubby,
2. The second question is, whether the mortgages of the plaintiffs have precedence over the previous mortgage given to Chase, the defendant. The plaintiffs claim that, as the mortgage to Chase was not, at the date of their mortgages, recordеd in Malden, where one of the mortgagors resided, it is invalid as to them. This would be true, if the plaintiffs had tаken a eonreyanee of the property itself, although they had notice of the рrior unrecorded mortgage to Chase. Bingham v. Jordan,
3. The third question is, whether the plaintiffs can maintain this action, having made no tender to Chase of the amount due on his mortgage. It is clear that the plaintiffs cannot maintain this action for the conversion of the property included in the Chase mortgage. The mortgage to Chase provides that, if the mortgagors shall attempt to sell thе property, or any part thereof, or remove any part thereof, without the written аssent of the mortgagee, he may take immediate possession of the property. Under this provision, the sale to the plaintiffs gave the defendant the right to take possession ; and it follows that the plaintiffs had no right of possession which would enable them to maintain this actiоn without a payment or tender of the amount due the defendant. But the plaintiffs claim that the defendant to< k possession of certain goods included in their mortgages, but which were not included in his mortgage. If this be so, his taking of such goods was unlawful, and they can maintain this action to recоver the value thereof
According to the terms of the report, the case must be tried m the superiоr court, to determine the validity of the plaintiffs’ mortgages, and the value of the property, if any, taken by the defendant, which was not covered by his mortgage.
Case to stand for trial.
