45 Mich. 174 | Mich. | 1881
The doubt I have had in this case has sprung from that section of the statute which provides that “ when a judgment shall be recovered for a debt secured by mortgage of real estate, or for any part of such debt, it shall not be lawful for the sheriff or other officer to sell the equity of redemption of the mortgagor, his heirs or assigns, in such estate, by virtue of any execution upon such judgment.” Comp. L., § 4667. I have had some question whether a conveyance of the equity of redemption could be fraudulent as against the mortgage creditor while this statute was in force. [Reflection has satisfied me, however, that a sale of growing crops on mortgaged land is not forbidden by this statute. It is only the equity of redemption in the land that cannot be sold on execution; and while it is quite true that the growing crops are a part of the realty, yet for the purposes of levy and sale on execution they are suffered to be treated as personalty. Comp.. L., § 6100. And while reasons may be suggested why a sale should not be suffered when the judgment was for a debt secured by mortgage on the land where the crops grew, there are also reasons in its favor. It would certainly save expense in many cases, especially when the mortgage debt is small.
But whatever may have been the reasons influencing the legislature, it is certain that in enacting this statute they have not, m terms, prohibited the-sale of anything which may be sold as personalty, and I am not satisfied that they have intended to do so. The verdict finds in effect that the transfer of the land was colorable merely, without actual change of possession, and the crop raised was therefore subject to sale unless a sale is forbidden by statute. Not finding that such is the case, I am of opinion that the judgment should be affirmed with costs.
