Court Opinion

ID: 6801321
Source: CourtListenerOpinion
Date Created: 2022-07-23 18:42:25.615462+00
Date Added: 2024-06-11T16:03:15.489773
License: Public Domain

The President
pronounced the following opinion and decree, viz.
“ The deed of mortgage, dated the 1st of February, 1783, from Herbert Clayborn to Augustine Clayborn, in the decree mentioned, if made for a valuable and bona fide consideration, was not void by reason of Herbert Clayborn, the mortgagor, retaining possession of the slaves and other estate thereby mortgaged to the said Augustine, as the said deed was duly recorded, and that therefore the consideration should have been enquired into, and accounts taken and settled between the parties, before the deed was declared void on that principle, which could not be properly done in this suit, as Charles Harrison, one of the mortgagees, is not a party. But this Court is of opinion, that as the said Augustine suffered the said Herbert to retain the possession of the slaves, and other estate, on which the appellees’ execution was levied, after the sales in October and November, for which bills of sale were made, (as referred to in the answer of the appellant, and filed among the exhibits in this cause,) releasing the equity of redemption, and conveying the absolute property in the estate thereby conveyed and confirmed to the said Augustine, which bills of sale were not recorded until the 14th of April, 1785; that they were fraudulent and void as to the appellee, and neither the said sales, nor the prior mortgage which had ceased to operate, did protect the estate, (then sufficient to satisfy his demand) from his execution, and that there is no error in the decree for the payment of the appellee’s debt and costs. é
Decree affirmed.