35 Conn. 550 | Conn. | 1869
The petitioner has brought his petition, claiming to own the entire equity of redemption, against the respond-dent as assignee of the mortgage, seeking to redeem.
Among other defences the respondent claims to own a part of the equity of redemption by virtue of the levy of an execution thereon. It is clear that if he is such part-owner the bill must be dismissed, and a consideration of the other questions raised in the case will be unnecessary. Has the respondent then an interest in the equity of redemption ?
The mortgage was made by a husband and wife and the fee of the property was in the wife. The respondent brought his suit and attached the husband’s interest or life-estate in the equity of redemption, prior to the passage of the act of 1865,
The respondent concedes that he took nothing by such levy unless his right so to levy was saved by the exempting clause of the act. That clause was in these words: “ This act shall not affect any suit now pending.” The suit of the respondent was then pending, and the respondent claims with seeming truth, that, as against any right which he had, or could enforce, by virtue of that suit against the life-estate of the debtor by the levy of an execution, which was but a stage in the proceedings described by the word suit, the statute was intended to he inoperative.
The petitioner claims, in the first place, that it is inferable from the finding of the committee that the consideration of the original conveyance to the wife moved from her, and was from her separate earnings or estate, and that therefore the husband had no attachable interest in the premises when the suit of the respondent was commenced, but we cannot assent to that claim. The committee found simply that the consideration was a valuable one, and there is no finding or presumption that it moved from the wife or was part of her separate earnings or estate.
The petitioner claims, in the second place, that the legislature intended by the exempting clause in the act of 1865, to save to the respondent and others similarly situated, such rights of lien as the parties had acquired by their pending suits, and intended nothing more, and that as the respondent did not levy his execution until after his attachment lien had expired, he took nothing by the levy.
We think otherwise.
The exemption in the act of 1865 was in a separate section and constituted the whole of it. The words standing thus disconnected and unqualified import all that they express. The subject-matter of the act was the protection of life-estates by
Under this construction of the law, the respondent had a right to levy his execution at any time after judgment, if' there was no intervening conveyance or change to prevent, and irrespective of the lien which he-acquired by attachment.
It follows that by the levy of his execution the respondent acquired an interest in the equity of redemption, and that the bill must be dismissed.
In this opinion the other judges concurred.