58 Mo. 210 | Mo. | 1874
delivered the opinion of the court.
This was an action of ejectment. Both parties claimed under Isaac D. Jones, who owned the land in 1857. Plaintiff exhibited a conveyance from Jones to himself, dated May 15, 1858, and filed for record July 21, 1871.
Defendant’s answer set up, by way of equitable defense, that on June 30th, 1857, an instrument of writing was executed by Isaac D: Jones to Wm. M. Lyda, in intended fulfillment of a prior agreement whereby Jones was to convey the land to Lyda, by mortgage or deed of trust, to secure the 'grantee and other parties upon a large amount of indebtedness ; that said instrument was accepted and understood by the parties as being “good, valid and effectual,” for the purposes so intended, and certain transfers of notes, accounts, etc., were made on the strength of it, in accordance with the. agreement; that Lyda, as trustee, under the powers conferred by the instrument, sold the land on the 25th October, 185S, when the purchaser went into possession ; and that defendants have since acquired title and possession from him.
Isaac D. Jones, [Seal.]
E.. E. Jones, [Seal.]
Wm. M. Ltda. [Seal.]”
Plaintiff raised the objection that the instrument did not appear to be sealed, and was not a deed. The court overruled his objection, and herein is presented the principal question to which our attention is directed.
The respondents insist, that though no seal is mentioned-in the body of the instrument, yet for aught that appears to the contrary, there was a common law seal affixed to the original; and that the recorder, not being able to transfer that to the copy, could only indicate its presence by the word “seal,” written within a scrawl; that the plaintiff, by waiving the production of the original, dispensed with the necessity of proving that there was a seal on it, and all the presumptions were therefore against him, and in favor of the existence of a seal to each signature as indicated by the recorder.
In the opinion delivered in Dale vs. Wright, (57 Mo., 110.) these views would appear to have been sanctioned by this court. But whether a correct interpretation would so sustain them or not, it is sufficient for the purposes of this case to look into the effect of the instrument, either as sealed or unsealed. Thus considered, it was at least competent to create an equitable mortgage lien. (McClurg vs. Phillips, 49 Mo., 315.) It was duly recorded, and thus was notice of its purposes imparted to the world. Within the same year those purposes were executed by a sale in conformity with the prescribed conditions, and a deed made to the purchaser. The tes
If such an instrument, unsealed, would be enforced as a mortgage lien, by a court of equity, against the objections of the grantor — as is unquestionably true — surely an execution and consummation of its purposes, thus acquiesced in for more than ten years, should require nothing more to make it a substantial defense against a deed executed one year later, and not put upon record until thirteen years after that. Thus viewing the instrument, we find no error in its admission by the court as testimony, or in the instruction given to the jury, which permitted them to treat it as a substantial element in the defense. This disposes of the only point made here by the appellant, and so the judgment must be affirmed ;