16 Neb. 649 | Neb. | 1884
It will not be deemed necessary to take up any one of the twenty points which the plaintiff in error makes in his petition in error, as I think the case turns on a single proposition.
The plaintiff below, Parmlee, held a duly recorded mort
The cause was argued and submitted to this court by counsel for plaintiff in error at the January term, but no appearance has been made or brief furnished on behalf of defendant in error.
The question is an important one, and one in the discussion of which we should have the assistance of counsel on the one side as well as on the other.
There can be no doubt that, had the plaintiff below known of the intention of Streeter to sell the buildings and of the defendant to remove them, before it was done, he could have maintained a suit for an injunction against them, provided the removal of the buildings from the land would so reduce its value as to render it a scant or insufficient security for the mortgage debt, and this, although Streeter might be shown to be personally responsible. Keeping this in view, and at the same time bearing in mind the great underlying principle that equity only interferes in cases where the law furnishes no adequate remedy, I see no escape from the conclusion that no, action at law can be maintained by the plaintiff either against Streeter or the defendant for waste committed on the mortgaged premises while in the legal possession of Streeter.
On the other hand, if the mortgage debt of the plaintiff is to be considered as paid by the conveyance of the land to him by Streeter; then surely the plaintiff has suffered no wrong and is entitled to no remedy, and while it is true
I am therefore of the opinion that the plaintiff’s petition fails to state a cause of action, and that the verdict and judgment are unsupported by evidence.
The judgment of the district court is reversed and the cause dismissed.
Judgment accordingly.