The debt to the defendant’s testator was contracted in 1837 or 1838, which was a period long prior to the passage of the homestead act or the purchase of the homestead property.
The argument of the plaintiff’s counsel is bottomed wholly upon the proposition that the defendant’s debt was barred prior to the purchase of the homestead, or, at all events, was barred when the new note of June 20th, 1857, was executed; that, being barred, the debt did not exist; that the note of June 20th, 1857, created a new debt of that date, from which the property in question, being then and for
In the absence of a statute to the contrary, the law is, that a debt, barred by the statute of a State in which it was contracted, is not barred by the laws of another State in which suit may be brought. See leading and well-considered case of Leroy v. Crowningshield, 2 Mason C. C., 150-156, where the subject is extensively discussed by Story, J., and Crocker v. Avery, 4 Am. Law Reg., 462.
That section is as follows: “When a cause of action has been fully barred by the laws of any country .where the defendant has previously resided, such bar shall be the same defense here as if it had arisen under the provisions of this chapter.” '
To enable a party to avail himself of this section, he must show that he has, previously to his removal to Iowa, resided in another State, by the laws of which the cause of action “has been fully barred.”
It is not shown that there is any statute of limitations in North Carolina, nor that the note was barred thereby. The maker of the note in question was not, therefore, entitled to the benefit of section 2746, above quoted.
He had not resided in Iowa, at the time the now note was given, sufficiently long (ten years) to enable him to plead the Iowa statute in bar. Rev., § 2745. He must rely
A debt, though barred, is still a debt. If it has not been paid, there is a moral obligation upon the debtor to pay. This moral obligation, so far from being weakened or destroyed, acquires rather an additional force and strength from protracted delinquency.
We recognize the principle that the homestead act is to be liberally expounded, but it is not to be strained or stretched to cover cases not within either its letter or its policy. Creditors have rights, as well as debtors. Courts stand between the two, to administer the law just as it is, with even-handed impartiality, and even without sympathy.
It was never intended by the homestead act that a subsequent homestead right should override and control the moral obligation of a debtor to renew an unpaid debt, and to pay the same when of sufficient ability to do so.
In either view of the case, we are of the opinión that the petition of the plaintiff was properly dismissed.
Affirmed!