The opinion of the Court was delivered by
The defendant contends that the oxen in question, though once the property of the plaintiff, had been . conveyed by him to the defendant 'absolutely, as appears by the bill of sale. The plaintiff says they were conveyed conditionally, and as collateral security for the payment of the $50. In Jewett v. Reed, 5 Greenl. 96, this Court decided-that where . both parties proved that a bill of sale, though absolute in its terms, was intended only as collateral security for a debt due; and all was done in good faith, the transfer was a mortgage. In the case before us the defendant introduced the bill of sale, and also the $50 note, both of the same date, and offered to give up. the note. He also introduced Webster as a witness, who
Why then is not the plaintiff entitled to recover on the facts which the verdict has established ? It appears that on the 2d of March, 1830, the oxen then being in possession of the defendant, the plaintiff tendered to him the sum of $52,50, in payment of the note and interest, being sufficient for that purpose, and then demanded the oxen. The question was pertinently asked in the argument by the plaintiff’s counsel, “ If “ the demand of payment of the note, made in January, 1830, “ entitled the defendant to hold the oxen as his own absolute “ property, why did he borrow them of the plaintiff in Febru- “ ary following ?” Is not this proof that he did not then consider them as his ? There is no proof of any act on his part, after that time, and prior to the tender ; so that when the tender was made, the absolute property of the oxen was vested in the plaintiff and the action is maintained.
The objection made to the verdict, as to its amount, on account of the non-deduction of the sum tendered, from the
Judgment on the verdict.
