21 Mo. App. 159 | Mo. Ct. App. | 1886
— An action under our statutes to foreclose a mortgage or deed of trust is a legal action. Mason Bernard et at., 36 Mo. 384. But the statutory mode of foreclosure is not exclusive. ‘ ‘ It has also been the opinion that, notwithstanding the mode prescribed by the statute, a party might forego the statutory remedy, and pursue his rights in a court of chancery by a bill in equity.” Scott, J., in Riley v. McCord, 24 Mo. 268.
In the latter case it was also said, “when a proceeding to foreclose a mortgage has been had, in order to determine whether it was under the statute or .according to the course in chancery we must have recourse to the substance of the thing, and not to the rhetorical flourishes with which it may. be accompanied.” The proceeding in the case at bar was a proceeding in equity and not under the statute. The proceeding was properly instituted in equity, because, “if there are successive liens or incumbrances, it is eminently proper and promotive of justice that the mortgage should be foreclosed in a court of equity, where the accounts of ail the parties in interest can be readily adjusted, and the trust fund equitably distributed among all the claimants.” Jones on Chattel Mortgages, sect. 779.
‘ ‘ The terms of every written instrument are to be understood in their plain, ordinary and popular sense, unless they have generally, in respect to the subject
The trial court, therefore, properly disregarded the deposition of Epperson, introduced by Forcht, as to what was his intention and understanding, in making the second deed of trust, with reference to the mules in controversy.
The words used in the second deed of trust to describe the property included therein must be understood to have been used in their plain and ordinary sense, as applied to the subject matter. One of the definitions of the word, equipment, given by Mr. Webster is, “third (Civ. Eng.) the necessary adjuncts of a railway, as cars-locomotives.” The equipments of a coal mine are all its necessary adjuncts, and include pit mules which are an essential part of its apparatus and without which it cannot be operated. Parol evidence was admissible to show that the mules in controversy were pit mules and that they were necessary adjuncts of the mine, on the principle that such evidence is admissible to identify the mortgaged property. Jones on Chattel Mortgages, sect. 64.
Within the meaning of the word, “equipments,” used in the second deed of trust, were embraced the pit mules, which were essential to the operation of the mine.' The only doubt that exists as .to whether the mules were included in said deed of trust, is on account of said word'being immediately followed by particular words referring to special kinds of equipments, which without their use would have been included in the gen
The provisions of the second deed of trust as to the future acquired equipments fall within the principles of the following cases: Wright v. Bircher, 5 Mo. App. 322; Wright v. Bircher, 72 Mo. 179; Rutherford v. Stewart, 79 Mo. 216; Frank v. Playter, 73 Mo. 672; France v. Spencer, recently decided by the supreme court, and not yet reported.
By these provisions an equitable lien was created, which attached to the future acquired property when if was acquired. And that lien was a valid and subsisting lien as against Forcht because his deed of trust was taken, by an express provision of it, subject to the second deed of trust, and, therefore, with actual notice of said second deed of trust. The equitable lien, it is true, could be enforced only by an equitable proceeding (France v. Spencer, supra) ; but, as we have seen, thi® proceeding is an equitable proceeding.
Judgment affirmed.