132 Ala. 618 | Ala. | 1902
— In Leigh v. M. & O. R. R. Co., 58 Ala., 165, where the general rule is stated, “that in the absence of authority, or of property, a sale or pledge of chattels, confers no- title, even when the person marking it. is in possession, and the person to whom it is made pays a valuable consideration, or advances money in good faith, and without notice of the right or title of the true owner,” it is said, there are cases recognized as exceptions to this rule, one of which is,—“where the owner, with the intention of sale, parts with the property, though under such circumstances of fraud as would authorize him to reclaim it from the vendee. In this class of cases it is accurately said: We must distinguish whether the facts show a sale to the party guilty of the fraud, or a mere delivery of the goods
In Moore v. Robinson, 62 Ala. 537, it is again said: “As a general rule, the title of property, like the flow of a stream, cannot rise higher than its source, and so, one not the owner, and not having authority therefor, conferred by the owner, cannot sell or make a valid pledge of property. 1 Smith L. Cases, Part 2, p. 1192 et seq., Seventh Am. Ed. A different rule prevails, if the seller have a title, even though acquired by fraud. A bona fide purchaser for value from such fraudulent holder of the title, without notice of the fraud, will be protected.”
In this case, Jones stole Robinson’s brown mare; and traded her to Bailey for a gray 'horse. By this transaction he conferred no title on Bailey to- the stolen mare, and Robinson had the right to take lawful possession of her, which it appears he did. But, Jones traded the gray horse he got from Bailey, to Boyd, the plaintiff, for the animal in this suit,—a blazed face mare,—and each took possession of the animal for which he had traded, — Jones of the blazed-faced mare and plaintiff, Boyd, of the gray horse. Neither this horse nor the mare was stolen property. The transaction between them amounted to a sale by each to the other, of the animal in his possession, by which sale as appears each intended to pass, and acquired the title of the animal he traded to the other, and on like principles, Watson having acquired the horse which Jones got from the plaintiff, Boyd, at execution sale, and having sold it thereafter to the defendant for value, he acquired a perfect title to the animal.
lleversed and remanded.