38 Minn. 315 | Minn. | 1888
One Russell made a deed of assignment for the-benefit of his creditors on the 7th day of October, 1875, conveying thereby to the assignees therein named all and singular his lands- and tenements within the state, and all the property of every name and nature to or in which he had any title or interest; which was-
Upon these facts, the court was clearly right in ordering judgment for the defendant.
1. The deed was complete without the schedule, which, by the •terms of the deed, did not limit its operation; and the effect of the record was not impaired by the omission of the schedule. It was .clearly the intent of the parties, as appearing upon the face of the instrument, that all the property of the assignor should pass to the .assignees, whether designated in the schedule or not.
2. Upon the record, the title to the lands in controversy apparently passed to the assignees; and while they are not to be considered as purchasers for value, nor, as between them and their assignor, to
3. A deed of quitclaim in the form executed to defendant, and under which she claims, is placed on the same footing as deeds of bargain and sale under the present statutes, (Gen. St. 1878, c. 40, §§ 4, 21;) and a bona fide grantee in such deed (if it is recorded) is entitled to the same .preference over an unrecorded deed. The amendment of 1875 was undoubtedly made ex industria to change the rule existing under the former statute as interpreted in Marshall v. Roberts, 18 Minn. 365, (405.) The object of the statute is to protect persons buying real estate in reliance upon the record. Ordinary prudence and duty required the plaintiff to see to it that his deed was seasonably recorded, and, having neglected to do so, he cannot complain if one purchasing the title in good faith as it appeared of record is preferred to him. Merchant v. Woods, 27 Minn. 396, (7 N. W. Rep. 826.)
Judgment affirmed.
Mitchell, J., was absent, and took no part in this case.