57 Vt. 377 | Vt. | 1885
The opinion of the court was delivered by
Our chattel mortgage act makes all mortgages of personal property invalid as to all persons except the mortgagor, unless the mortgaged goods pass into the possession of the mortgagee, or a registry of the mortgage be made in the proper town clerk’s office. Hence notice to a mortgagee, who observes the statute, of a prior unrecorded mortgage, is merely notice of a conveyance that the law declares to be inoperative against him.
The bill of sale, therefore, of the gray horse executed by Joseph Longey to the defendant February 20, 1883, though good between the parties to it as a common law mortgage, must be held to be subordinate to the plaintiff’s later mortgage executed agreeably to the statute.
Section 4158, R. L., providing a penalty for neglect to give notice of such prior bill of sale, does not have effect further
The plaintiff’s mortgage was duly executed upon good consideration, and vested in him the title to the horse, subject to Joseph’s right to redeem upon payment of his debt. If there be no stipulation in the mortgage to the contrary, the mortgagee had the right at any time to take possession of the horse, if he saw fit to exercise it. Until this right is exercised, the possession of the mortgagor is merely permissive, and would terminate by transferring it in any manner that sets the rights of the mortgagee at defiance. Jones Ch. Mort. s. 447. And the mortgagee in such cases may maintain trespass and trover for the chattel without first exhausting other security which he holds. Ibid. s. 448.
On November G, 1883, Joseph Longey and the defendant O. S. L. Leach, husband of the defendant Emma, made an agreement whereby both the gray and bay horses were delivered into the possession of said C. S. L. Leach, as the property of said Emma, and the note of Joseph secured upon said horses was surrendered, and the horses thereafterwards remained upon said farm in the possession of C. S. L. and Emma until November 20, 1883, when C. S. L. took said gray horse to Swanton and sold it. This agreement and transfer of possession was after the execution of the plaintiff’s mortgage, and did not impair the plaintiff’s rights, which vested in him the moment his mortgage was duly executed on October 15, 1883.
The mere wrongful detention of property by the wife is not her tort, but that of her husband. 2 Greenl. Ev. s. 647. This action being against husband and wife jointly can only be maintained for some tort of the wife. Shaw v. Hallihan, 46 Vt. 393.,
The judgment is reversed, and judgment is rendered on the report for the plaintiff against the defendant C. S. L. Leach for 8110 and interest, and for the defendant Emma S. Leach to recover her costs.