Court Opinion

ID: 6531714
Source: CourtListenerOpinion
Date Created: 2022-07-19 20:19:44.990167+00
Date Added: 2024-06-11T15:55:22.619712
License: Public Domain

Lipscomb, C. J.
This cause comes before us, for the purpose of revising the decree of the court of Chancery, for the county of Limestone. Simmons, the defendant in this court, filed his bill against the plaintiffs, here, Duncan and Lane, and against several others.
The facts alleged in the bill, are, in substance, that, for the purpose of securing a debt due to him, from one Capel, and to secure himself against liabilities, *357incurred by him, for the said Capel, in a co-partnership transaction, he had taken a deed of trust from Capel, conveying certain propertyto one Wallace, in trust, for the purposes before mentioned. — That, after the deed of trust to Wallace, had been recorded, Duncan and Lane, and the other parties made.defendants, obtained judgments at law, against Capel, and sued out executions, and had them levied on the property conveyed, in trust, to Wallace. — That Wallace, the trustee, when called on by the sheriff, declined making the oath, required by the statute, on filing a claim, for a trial of the right of property, when levied on, by execution. — That the complainant filed the claim, in his own name, and on his own affidavit, and gave bond, with Wallace, the trustee, as his security. The bill alleges, that, on the trial of the right of property, in consequence of the legal right being in the trustee, and not'in the complainant, who was the claimant; that the property was found subject to the execution^ levied on it. These are the allegations, material to be considered.
The bill prayed, an injunction. The injunction was dissolved, on the answer of the defendants; but, on a hearing, it was reinstated, and perpetuated.
The first aspect in which the cause is presented to us, dispenses with the necessity of an investigation of the evidence, offered, in support of the various allegations contained in the bill. We will be relieved from considering many points, presented in the argument, on some, which, it is probable, we might have experienced some-difficulty. We believe, that the complainant has not assigned a sufficient reason, for not having his rights fairly adjudged, on their merits in a court of law. There was no absolute re*358fusal or neglect, on the part of the trustee, to afford him aid, in the prosecution of his rights: the course pursued, seems to have been the result of a mutual understanding, between the cestui que trust, and the trustee. If the trustee had refused to interpose, a court of Chancery should have been resorted tu, before the trial at law. We are, therefore, of opinion, that the decree of the Circuit court of Limestone county, ought to be reversed, and the bill dismissed.