| N.J. | Feb 15, 1895

The opinion of the court was delivered by •

Beasley, Chief Justice.

This writ of error must be dismissed on two grounds.

The first of these is that the record is essentially incomplete. It consists of a copy of the pleadings, and the proceedings on the motion to strike out the plea. The papers do not include the record of a judgment. This court could not affirm or reverse a judgment that remains in the court below.

The second objection is as radical as this first one, and is more incurable. It is this, that a rule striking out a plea is not subject to review in error. This is expressly decided by the Court of Errors in the case of Brown v. Warden, 15 Vroom 177.

It may be a satisfaction to the plaintiff in error to know that the court has looked into the merits of the defence attempted to be set up by him, and that its conclusion is that such defence is not sustainable. The statute does not deprive *486a mortgagee of any right possessed by him prior to its passage, except the right to sue on his bond before foreclosure. The regulation of the act is thus expressed, viz.: “ That in all cases where a bond and mortgage has or may hereafter be given for the same debt, all proceedings to collect said debt shall be, first, to foreclose the mortgage,” &c. Sup. Rev., p. 490, pl. 6.

But a proceeding to obtain possession of the mortgaged premises is not a proceeding to collect the debt,” its object being to secure and protect the pledge. This is the view expressed in the books of the purpose of the mortgagee’s ejectment. 15 Am. & Eng. Encycl. L., tit. " Mortgage,” p. 817.

The hardship that the statute was intended to alleviate was the seizure and sale of the chattels of the mortgagee by virtue of a judgment on the bond, before resorting to the land. No purpose is observed in it to abridge the right of the mortgagee beyond that measure. The statute must be construed strictly, as it is in derogation of the common-law force inherent in the bond and mortgage.

Let the writ be dismissed, with costs.

© 2024 Midpage AI does not provide legal advice. By using midpage, you consent to our Terms and Conditions.