85 Ky. 83 | Ky. Ct. App. | 1887
delivered the opinion of the court.
A portion of the land of the appellant, Lewis Tallan dingham, was sold under execution in favor of the appellees, Worthington & Co., and purchased by them at less than two-thirds of its real value.
The debtor, by writing signed by him, both surrendered it to the officer for levy, under the execution, and directed its sale without advertisement. He now resists its recovery in this action of ejectment, because he did not direct the sheriff to levy upon one of his several tracts of land; because he did not produce to him any title papers to the land levied on; or on the day of sale direct him to sell it; and because the officer did not go upon the land to make the levy or advertise it for sale.
The appellant appears to have owned several tracts
The appraisement of the land is regular in form; but it clearly appears that both of the appraisers believed they were valuing a different piece of land from that in fact levied upon and which was sold. They so testify. Acting under this mistake, they appraised it at twenty dollars per acre, when it is shown beyond question that it was worth from twenty-five to thirty dollars an acre, in cash. As appraised, it brought at the sale over two-thirds of its value, but not that much of its real value. The statute requires its appraisement before the sale. The right of the defendant to redeem is made to depend upon whether it brings two-thirds of the value so fixed upon it.
This is necessary to the stability of titles to land; and certainly the performance of any duty enjoined upon the officer subsequent to the sale as to it would not affect the purchaser’s right. Hence, it was held in the case of Reid v. Hensley, 9 Dana, 324, that the omission of the officer to have the land appraised after the sale, as was then' enjoined by law, did not rehder the sale invalid. It was not allowed to retroact upon the sale and avoid it. It was there said, that the purchaser’s “right rests upon his purchase, under a valid execution issuing upon a valid judgment, and being fairly made, cannot be defeated by the subsequent omissions or delinquencies of the officer.
“If the land in fact sold for less than two-thirds of its value, it might be a question, upon a proper case made out, whether a court of chancery might not afford relief. The officer might, unquestionably, be made responsible to the debtor for any injury he sustained by reason of his delinquency. But to permit his subsequent omissions or derelictions of duty to invalidate the sale, without fault on the part of. the purchaser, would be to establish a doctrine that would expose titles derived under execution to an uncertainty and insecurity that would drive from the arena of bidders all prudent and cautious persons, diminish competition in bidding, and tend to produce a sacrifice to the injury of debtor and creditor.”
The existing statute provides that the officer shall
Here, the rights of no third party have intervened. 'The execution creditor was the purchaser, and it is ■clear that but for the mistake of the appraisers, the •appellant would have had the right to redeem. The mistake is of such a character that he has no remedy •against the officer; and if now denied it, he is remediless. Of course, a mere mistaken opinion of the appraisers as to the value of land would not affect the sale. To so hold would render titles utterly insecure, and create a fruitful source of litigation. In this case, however, the mistake is not of that character. They utterly mistook the land levied on and which was in fact sold, and appraised an entirely different tract, thereby depriving the debtor, who was not present at the sale, of his right to redeem. The waluation was not, therefore, fairly made; it -resulted “from a mistake other than the mere judgment of the appraisers, and was such a mistake as equity will ■take cognizance of and correct. (Lawrence, &c., v. Edelen, 6 Bush, 55.)
The appellant should have been allowed by the
Judgment reversed, with directions to allow the. amended answer tendered on June 11, 1885, to be filed, and the case to be then transferred to equity; and for further proceedings consistent with this opinion.