103 Ala. 426 | Ala. | 1893
The action is in trover and was brought by E. M. Lewis for the use of Matthews & Whiteside. The defendants interposed a demurrer to the complaint, and the demurrer having been overruled, pleaded substantially the following facts by special pleas in defense of the action : E. M. Lewis sold conditionally to EÍlis & Strong the personal property the subject of the present litigation; Ellis & Strong mortgaged, the same, and upon its foreclosure the appellants, became the purchaser. Ellis & Strong . executed their several promissory notes to E. M. Lewis for the purchase money, the vendor retaining the legal title .in himself, until the payment of the,purchase money. E. M. Lewis, the vendor, transferred the unpaid notes to Matthews & White-side, he agreeing to retain the title to the property for their benefit and protection. Matthews & Whiteside sued the notes to judgment, but the judgment has not been paid. Thomason et al. refused to . surrender the property,.and the present action was instituted by Lewis for the use of Matthews & Whitesidó. Upon demurrer the. pleas were held insufficient. . The case is brought up under the special act establishing the Anniston city court. The proposition of law asserted by the appellants is, that the transfer of the notes to Matthews & White-side and their suit upon the notes, converted the conditional sale into-an absolute sale of property to Ellis & Strong; that Lewis had the election, upon a failure to pay the notes at maturity, to retake possession of the property, or to pursue the collection of the debt.; but could not pursue both remedies, and having elected one, he thereby waived or lost the right to pursue the other. We do not understand this to be the law in regard to conditional sales, of the character of the one under con
It does not appear from the complaint, neither is any fact averred in the pleas, which tends to show 'a waiver on the part of the vendor or his transferee of the legal title reserved at the time of the sale. The mortgage executed by Ellis & Strong conveyed no greater interest than they owned, and the purchaser under the mortgage bought the property, subject to plaintiff’s legal titles— Weinstein v. Freyer, 93 Ala. 257. .
There was no error iu the record.
Affirmed.