2 Cow. 518 | N.Y. Sup. Ct. | 1824
It was decided otherwise at the present term. The obligation to file a particular of the consideration, does not apply to confessions where the sum is less than 50 dollars.]
The attempt to redeem was not ih time. It was not m 15 months after the sale, within the meaning of the statute giving the right; which intends lunar, not calendar months.
Our attention was drawn to that question in a case lately before us, and though it was not necessary to pass upon it, yet none of us entertained any doubt that the statute intended calendar months.]
At any rate, the day of sale must be included in the computation ; and if so, giving De Freest his calendar months, he was too late. The words of the act (Sess. 43, ch. 184, s. 3,) are, that it shall be lawful for any creditor, &c., within 15 months after such sale, &c. Any other creditor may, in. like manner redeem the lands and tenements so sold within 15 months from the sale thereof. The time commences from the sale—not from, or after the day of sale ; and when the computation is from br after an act done, the uay on which
Again, this confession was in fraud of the act. The Court should discountenance such an attempt to peiwert the statute to the purposes of speculation upon an honest purchaser. To sanction this proceeding will be virtually to give a defendant 15 months instead of 12 to redeem, for he- can al-. ways do this through a-friendly judgment creditor, created for the occasion.
J Paine, contra. Here was a small debt subsisting which was made larger on the credit of Wagar’s residuary interest in the land. If is well settled that the purchaser at a Sheriff’s sale acquires no more than a mere lien, till the 15 months have expired. He had no greater interest than a mortgagee, with whom it does not lie to complain of fraud because a third person is invested with a right to redeem, by á purchase of the equity of redemption, or otherwise. If Wagar could in this way sell for $1800, as between him and the purchaser, which should have the benefit of such a price? Why not the debtor ?
As to time, it is true there are some decisions in England growing out of the excise law, in relation to which the policy of the Court conspired with that of the government to contract the time, saying that in computing from an act done, the day of doing it is to be reckoned inclusive. But the act under consideration is construed liberally. Calendar months are allowed. Redemption is favored. The ordinary rule of computation, with us, is one day inclusive and the other exclusive. Exclude the first day and we are in time.
He cited Hoffman v. Duel, (5 John. Rep. 232,) and Gillespy v. White, (16 John. 120.)
Cushman, in reply, said the computation of time by reckoning one day inclusive and the other exclusive, which prevails iñ this Court, relates merely to rules and the service of
We do not consider it a valid objection, that this judgment was entered for the express purpose of enabling De Freest to redeem. It was upon full consideration. The debtor may confer the power of redeeming upon as many as he pleases. It keeps up the auction; and is .thus directly within the policy of the statute.
We are clear that the 15 months intended by the statute, are calendar .not lunar months. The second section is, in .terms, of calendar time. It speaks of a year for the debtor; and then the 3d section extends that time three months in favor of the creditor.
The creditor had the whole of the 15th November in which to redeem»
Motion denied.
