W. H. Tаylor signed and filed for record the following instrument:
“The State oe Texas, )
“County oe Grimes, j Anderson, Nov. 13, 1884.
“ Know all men by these presents that for and in consideration of value received I, W. H. Taylor, bargain, sell and convey the merchandise in my two houses, situated in Anderson, Grimes..
Block, Oppenheimer & Co............................ $1,400 00
Wallis, Landes & Co................................. 2,000 00
Wm. D. Cleveland..............................:..... 575 00
I. L. Lyons.......................................... 425 00
Kauffman & Bunge................................. 200 00
M. D. Conklin........................................ 30 00
Leo Zander Sc Henderson............................. 69 63
Browne Bros......................................... 450 00
Derby & Dey......................................... 305 00
T. Ratio & Co....................................... 39 25
Karl, Kliburg, Kline & Co............................ 125 00
Jacob Bernstein & Co................................ 247 00
“ (Signed)
W. H. Taylor.”
The persons named were creditors of Taylor, but there was no agreement or understanding between him and any of them that the instrument should be made, and none of them consеnted to take under it, or, so far as the record shows, knew that it had been signеd and filed with the clerk, until after' the creditors Block, Oppenheimer & Co., had brought suit on their claim and caused the merchandise to be attached.
When Taylor signed and filed the instrument he closed up the houses and delivered the keys to an attorney, with intent and instructions to him to hold for the creditors nаmed; but the attorney had no authority whatever to represent the creditors, so far as the record shows. The goods were sold under an order issued in the action brought by Block, Oppenheimer Sc Co., and they were bought by Calhoun, who subsequently sold them to the defendants, Bradley arid Levy.
After the levy of the attachment, Wallis, Landes & Co. consented tо take under the instrument, and brought this action against W. H. Taylor to recover thе sum due to them from him, and against Bradley and Levy to foreclose the mortgage which they claimed to have under the instrument above copied, or for the value of the property. It was proved that Bradley and Levy hаd notice of the facts before stated when they bought from Calhoun. The сause was tried without a jury, and judgment ren
The only assignment of error questions the correctness of the judgment on the facts claiming that the instrument constituted a valid mortgage. Waiving all question of the right of the apрellants, without joining the other parties named in the instrument to maintain this actiоn, did the instrument constitute a valid mortgage? We are of the opinion there is no error in the judgment.
A mortgage, like any other contract, requires the consent of the mortgagor and mortgagee, and it must be consummated by delivеry. In the case made, the assent of the creditors was not given. There was no prior understanding or agreement that any mortgage should or would be. givеn until after the attachment had been levied, and we know of no rule by which this subsеquent assent could fix a lien on the attached property that would оverride the lien acquired by the attachment. (Foster v. Perkins, 42 Maine, 168; Oxnard v. Blake, 45 Maine, 602; Day v. Griffith,
Had there been an understanding between Taylor and his creditors that a mortgage on the merchandise should be executed for their security the delivery of the instrument to the clerk, under the great weight of authority, would have been a sufficient dеlivery, for under such circumstances the act of the maker would as fully evidence his intention to consummate the prior agreement as would the delivery of the instrument to the creditors; but until the contract had the assent of thе parties, delivery to a person in no way the representative of the creditors could not give validity to it.
It has been held in many cases that in thе absence of evidence, the assent of creditors to a genеral assignment for their benefit, or to a trust deed made and delivered to a trustee, might be presumed, but we know of no case in which an instrument, signed and delivered as was the instrument relied on in this case, has been held to be á valid mortgage. The cases cited by counsel have been examined, and do not sustain the proposition relied on for a reversal in the case before us. ,
There is no error in the judgment, and it will be affirmed.
Opinion delivered February 25, 1887. Affirmed.