On the 20th of September, 1851, the orator, William P. Briggs, now deceased, by whom this suit was originally commenced, and in whose right it is now prosecuted by his executor, was indebted to Joseph Reed of Montpelier on two promissory notes, both of which were signed by him, and one of which was signed by the defendants Cooper, Russell, and Whipple as his sureties, and the other of which was signed by Ransom Jones as his surety. Both of these notes had then been over due for several years. There was then due for principal and interest on the note signed by the defendants Cooper, Russell, and Whipple as sureties a sum exceeding twenty-one hundred dollars, and on the note signed by Jones as surety a sum exceeding three hundred dollars. At the same time, Briggs was indebted to the National Life Insurance Company at Montpelier on another note which was signed by him and also by the defendants,
No question is made by these defendants that a bond was executed by them to Briggs at the time of the execution of his quit-claim deed to them ; but they claim that the bond presented by him as the bond executed by them to him on that occasion is spurious and was forged by him, and that another bond, a copy of which is annexed to the answer of Whipple, was the true and only bond which was ever at any time executed by them to him in respect to the land conveyed by his deed to them. The bitter and excited feelings which are apparent upon the bill, answers, and testimony in this case are to be attributed in a large measure to the allegations on the part of the defendants in respect to the genuineness of the instrument presented by Briggs as the true bond executed to him by them, and to the positive character of the issue made by them on that point. The testimony in respect to the qitestion as to which of the bonds was the true bond does not leave the subject free from mystery or doubt, but our examination of the testimony, and particularly of the instrument which is sought to be impeached, impresses us with the belief that the preponderance is in favor of the claim of Briggs and of the genuineness of the bond presented by him. There is no doubt that the signatures of Cooper, Russell, and Whipple to the bond presented by Briggs are genuine, and, in fact, they are admitted so to be by each of these defendants in their testimony. The genuineness of the signatures being established, the natural and fair presumption would be that the instrument to which those signatures were subscribed was itself genuine, and the evidence on the part of the defendants fails to satisfy us that this presumption is not well founded. We do not discover any substantial difference between the provisions of the one
It being settled that the bond presented by Briggs is a genuine and valid instrument, we proceed to consider its terms and effect. In the condition of the bond it is stated inter alia, after reciting the execution of the quit-claim deed from Briggs to Cooper, Russell, and Whipple, that they, Cooper, Russell, and Whipple, have agreed with Briggs to pay the debt and judgment in favor of Mr. Reed on which they were sureties as above stated “ to the said Reed, and the intent of the said deed is to indemnify and save harmless the said Cooper, Russell, and Whipple for such payment, and for the payment or redemption of two other levies upon the lands of the said Briggs,”— referring to and describing the levy in favor of Mr. Reed on his execution against Briggs and Ransom Jones, and the levy on the execution in favor of the Life Insurance Company, already mentioned,— “ and this deed is to be indemnity and security in addition to the security of the lands of the said Briggs in the town of Worcester*, which are and have long been in the hands of the said.Cooper,' Russell, and Whipple as security for the said Reed debt.” Then follow provisions in respect to the leasing of the land by Cooper, Russell, and Whipple for a period not exceeding three years from the 1st of April, 1853, and the application of the rents .and profits, over and above taxes and necessary repairs, upon these debts and judgments and upon the mortgage to Bowland, first to keep down the interest thereon, and then to apply the balance in reduction of the debt due to Mr. Reed. The bond further provides that Cooper, Russell, and Whipple shall not sell the land, or any portion of it, during this period of three years without the consent in writing of Briggs, and that they shall purchase in and hold the title under all of the levies referred to within the said period of three years, and make the same secure to them for the benefit of Briggs, and shall prevent the title from being lost by a foreclosure of the mortgage to Bowland during the same period, so “ that Briggs may redeem if he chooses so to do.” It is also provided that, i‘ if at the end of the said three years, or at any time during the said period, Briggs shall pay, or
It is a familiar principle that when 'several instruments are executed at one and the same time, between the same parties, and upon the same subject matter, they are to be treated as one instrument and construed together. Reed v. Field & Briggs, 15 Vt. 672 ; Strong v. Barnes, 11 Vt. 221; Raymond v. Roberts, 2 Aik. 204. The deed from Briggs to Cooper, Russell, and Whipple, and the bond executed by them to Briggs are accordingly to be construed as they would have been if the substance of the bond had been incorporated into the deed itself, or as if both constituted but a single instrument. It is claimed on the part of the orator that the deed and bond constituted a conveyance in mortgage, while, on the part of the defendants, it is insisted that the transaction was in fact a conditional sale, or a sale with an agreement for a repurchase within a given time. To ascertain the intent of the parties in entering into a contract or agreement, in a case where that intent upon the face of the instrument is doubtful, or the language used by them will admit of more than one interpretation, the court will look at the situation and motives of the parties making the contract or agreement, its subject matter, and the object to be attained by it, and will allow these circumstances to be shown by parol evidence notwithstanding the contract itself is in writing. Lowry et al. v. Adams, 22 Vt. 160. But we discover no
If the transaction between the parties was in fact a mortgage, the right of redemption attached as an inseparable incident, created by law, which could not be waived by agreement. The principle has been uniformly asserted and applied in such cases that “ if once a mortgage, always a mortgage,” and it cannot be made Otherwise by any agreement of the parties, made at the time of the execution of the deed of conveyance, or upon any future contingency whatever. Baxter v. Willey, 9 Vt. 276 ; Wright v. Bates, 13 Vt. 341; Catlin v. Chittenden & Co., Brayton’s Rep. 163 ; 4 Kent’s Com. 143 ; 1 Washburn on Real Property, 496. In Bayley v. Bayley, Adm’r, 5 Gray, 505, it is said by Shaw, Ch. J., that “ though it be ever so strongly expressed that the estate shall be absolute if the money is not paid at the day fixed, such stipulation would be void,” and that “ it does' not depend upon the intent of the parties; because it is an intent
It is insisted by the defendants that even if the deed and bond, when construed by themselves and without reference to extrinsic facts, are to be treated as creating a security in the nature of a mortgage, parol proof is admissible to show the actual understanding of the parties in respect to what they agreed to do, and how they regarded what they had done, and that when this is shown, it will be decisive in respect to the legal character of the instrument, and the decree will be in accordance with their intent. A deed, absolute on its face, may, in a court of equity, under certain circumstances, and especially as between the parties to it, be shown by parol evidence to have been given as a mortgage. Baxter v, Willey, and Wright v. Bates & Niles, ubi supra; Conner v. Chase et al., 15 Vt. 764. And parol evidence has been received to show fraud or a mistake of material facts in cases in which, by reason of the fraud or mistake, it would be unconscientious to enforce the agreement according to its written terms, and also to explain the technical or local meaning of particular words or terms, or to explain a latent ambiguity in a written instrument. But as a general rule, where parties make a written contract or agreement, their declarations that it shall not have the legal effect which its terms import, though made at the time of its execution, are not admissible. If the deed and bond in this case were in fact a mortgage, the agreement that the claim of Briggs should cease at the expiration of three years would not alter its real character, for such an agreement is no more than the common condition of a mortgage deed. In Kunkle v. Wolfersberger, 6 Watts, (Penn.) 126, it is said that a formal conveyance may certainly be shown to be a mortgage by extrinsic proof, while a formal mortgage may not be shown to be a conditional sale by the same means,” and the reason of this rule is stated by Gibson, Ch. J., to be that “ in the one case, such proof raises an equity consistent with the writing, while in the other, it would contradict the writing. In Colwell v. Woods, 3 Watts, 197, it was determined that a conveyance and simultaneous covenant to ye-convey on repayment of the purchase money before a given day must be construed to be a mortgage, “ though it appear by parol that the parties did not intend it to be so.” Brown
The next inquiry which the case suggests is, whether the deed and bond, taken together, should not be treated as a mortgage conferring upon the mortgagees a power of sale. The whole theory of the defence, so far as it gives a character to these instruments, proceeds on the ground that the real character of the transaction was that of a sale upon a condition and not that of a mortgage. It is not claimed that there is any express power of sale contained in these instruments, but it is insisted that the provision in the condition of the bond that the obligors shall not sell any part of the premises conveyed by the deed within the period of three years from the 1st of April, 1856, without the consent in writing of Briggs, as before mentioned, is an implied authority to sell after that time. The maxim, expressio unius est exelusio alterius must be inverted, before it can be considered applicable to the support of this claim. A power of sale given by a mortgage deed is not an ordinary power, and as between the mortgagor and mortgagee, it should be strictly construed. In this state, it is in practice unusual if not unknown. We have no statute regulating its exercise, and a sale under it might be made without the concurrence of the mortgagor, and even without notice to him. It is
It necessarily results from these conclusions that the deed and bond must be allowed to have the effect of a security in the nature of a mortgage, and that these instruments, taken together, vested in Briggs the equity of redemption which is asserted and claimed in his bill of complaint. On the 7th of April, 1856, the defendant Whit-comb purchased of the defendants Cooper, Russell, and Whipple the premises conveyed by the deed for the price of ten thousand seven hundred and fifty dollars ; but, when he made this purchase, he had full notice of the claim of Briggs in respect to the real character of the conveyance under which those defendants derived and held their title to the premises. The evidence upon this point is full, clear and uncontroverted. Being a purchaser with notice, he acquired by his purchase no other or greater rights than those which the defendants Cooper, Russell and Whipple could, at the time of the purchase, set up against Briggs. He consequently can stand in no better position than theirs, in defending against the claim of Briggs ; and the equity of redemption of Briggs in the premises can be asserted as well against him as against them.
The next question to be considered is, whether the defendant Gleason was properly made a party defendant in this case. So far as the orator’s bill imputes to Gleason and to others of the defendants a conspiracy to effect the ruin of the orator, we have no difficulty in coming to the conclusion that it should be dismissed, as the testimony wholly fails to support this charge. We discover nothing in the conduct of Gleason as an officer which can justly be made the ground of complaint against him, either as being oppressive towards the orator, or as transcending the line of his official duty. But it is admitted by Gleason, both in his answer and in his testimony, that he received the proceeds arising from the sale of property belonging to Briggs which was attached in the suit in favor of the Life Insur anee Company, subject to the lien of other attachments and levies previously made thereon. This admission would make him liable to account to Briggs for the proper application of these funds ; and, by hi§ answer and testimony, he sets forth a particular account in
We do not consider the defendant Hodges a proper or necessary
This suit was commenced on the 27th of August, 1856, and at that time, Hodges neither had nor claimed to have any interest in the land included within either of these levies. The orator, in his bill, seeks for a discovery only from this defendant, but prays for no relief against him. When this suit was commenced, this defendant had not even a nominal interest in its subject matter, as he had long before that time parted with his interest in the premises, and, consequently, he was unnecessarily and improperly made a party to the orator’s bill, and should be dismissed with costs.
All questions in respect to the form and details of the orders for the taking of the accounts and of all other necessary orders in the cause should be settled by the chancellor; and all questions in re.spect to the allowance of costs, except as to the defendant Hodges, should be reserved to be considered and determined on the final hearing in the cause.
The decree of the chancellor, by which the orator’s bill was pro forma dismissed with costs, is reversed, and the cause is ordered to