40 Miss. 782 | Miss. | 1866
delivered tbe opinion of tbe court.
Tbe point submitted for our decision in this case is, whether the vendor of leasehold estate in lands, has an equitable lien on tbe estate in tbe bands of tbe purchaser, for tbe unpaid purchase-money.
"We are unable to discover any reason why the general rules applicable to tbe sale of real estate should be made to depeud on tbe gucmtity of interest which tbe vendor has in tbe land. The principle upon which courts of equity have proceeded in estabbsbing this lien, in tbe nature of trust is, that a person
Sir Edward Sugden, in his treatise on vendors, 2d volume, page 62, says: When a vendor delivers possession of an estate to a purchaser, without receiving the purchase-money, equity, whether the estate be or be not conveyed, and although there was not any special agreement for that purpose, and whether the estate be freehold or copyhold, gives the vendor a lien on the land for the money; and he subsequently cites and comments on the case of Elliott v. Edwards, at page 72, cited from 3 B. & P. 181, where the vendor had assigned a leasehold estate to the purchaser, upon payment of part of the purchase-money ; and Lord Alvanly was of opinion that the vendor had an equitable lien. No question, however, is made either by Mr. Sugden or by Lord Alvanly, as to whether there was any distinction in this respect between the sale of land and the assign ment of a leasehold interest therein.
The case of Matthew v. Bowler, 31 Eng. Ch. R., page 110, was a case of the sale and assignment of a life interest in leaseholds ; and it was held, that the vendor was entitled to a lien on the life estate in the leaseholds, which was the subject of the assignment, for the weekly payment to the purchaser covenanted to be made.
These are the only cases, or dieta, which have been cited by counsel, or which we have been able to find, where the question has occurred.
Perceiving no reason for the distinction set up, we think the demurrer should have been overruled.