7 Watts 475 | Pa. | 1838
The opinion of the Court was delivered by
This action was instituted by the plaintiff in error, in the court below, against the defendant, to recover a forfeiture not exceeding the amount of a mortgage given by the plaintiff to the defendant, securing the payment of 2500 dollars, to be paid in instalments, for not having, within three months after request and a tender of reasonable charges for doing so, entered satisfaction upon the margin of the record of said mortgage. The plaintiff claims a right to recover under the requisition of an act of assembly passed the 27th of May 1715, the ninth section of which enacts that “any mortgagee of any real or personal estates in this province having received full satisfaction and payment of all such sum and sums of money as are really due to him by such mortgage shall, at the request of the mortgagor, enter satisfaction upon the margin of the record of such mortgage recorded in the said office, which shall forever thereafter discharge, defeat and release the same, and shall, likewise, bar all actions brought or to be brought thereupon.” And then, by the tenth section, it is further enacted, “if such mortgagee, by himself or his attorney, shall not, within three months after request and tender made for his reasonable charges, repair to the said office, and there make such acknowledgement as aforesaid, he, she or they neglecting so to do shall, for every such offence, forfeit and pay unto the party or parties aggrieved any sum not exceeding the
There is, therefore, no pretence for saying that the debt mentioned in the mortgage has been satisfied ; and this being the case, it necessarily follows that the plaintiff had no right to require of the defendant, that he should acknowledge satisfaction either upon the margin of the record of the mortgage in the recorder’s office or elsewhere; consequently he has no right to maintain this suit.
But even if the sale of the land had produced a sum of money sufficient to satisfy the whole of the mortgage debt, still I do not see upon what, ground the plaintiff could maintain this suit. He is not the owner now of the mortgaged land ; and has no right or interest in it whatever: of course no right of his in it can be affected by the defendant’s refusing to enter satisfaction on the margin of the record of the mortgage as requested. He therefore cannot be said to be aggrieved by any neglect or refusal on the part of the defen
Judgment affirmed,