Terry v. Swinford
Decision Date | 19 June 1897 |
Citation | 41 S.W. 553 |
Parties | TERRY et al. v. SWINFORD et al. |
Court | Kentucky Court of Appeals |
Appeal from circuit court, Livingston county.
"Not to be officially reported."
Action by Abner Swinford against J. B. Terry and others to have a mortgage declared to operate as an unlawful preference. Judgment in favor of J. M. Roney's executrix and others against J. B. & H. B. Terry on cross petition, and defendants J. B. & H. B. Terry appeal. Reversed.
Moore & Moore, Olie M. James, and James & James, for appellants.
Abner Swinford instituted an action in the Livingston circuit court against J. B. Terry et al. to obtain indemnity as security for J. B. & H. B. Terry, amounting to $600. It is substantially alleged in the petition that the Terrys had executed a mortgage to J. V. Hayden and others, with a view of preferring said Hayden to the plaintiff and other creditors, and in contemplation of insolvency, and asking that said mortgage be declared to operate as an assignment of all the property of said Terrys for the benefit of their creditors. The Terrys and various other defendants filed answers, denying that the mortgage was made in contemplation of insolvency; and several of the defendants made their answers cross petitions against the Terrys, asking judgment against them for the amounts of their several debts, and praying for an enforcement of their liens upon the property described in the mortgage. On September 7, 1894, on motion of plaintiff, his cause of action and the cross petition of John R. Davis were dismissed, settled, and Davis had leave to withdraw the exhibits filed by plaintiff. The appellants entered their appearance to the several cross petitions filed against them, but made no defense, and the cause was submitted upon the cross petitions of M. D. Roney, executrix of J. M. Roney, L. C. Hibbs, J. M. Davis, J. L. Hibbs, and J V. Hayden against the said J. B. & H. B. Terry, and judgment rendered against the said Terrys for the sums claimed in the several petitions; and judgment was also rendered enforcing the liens of the several cross petitioners upon the property described in the mortgage, and a sale of a sufficiency of the land to pay said claims, and the same was sold in January 1895, and purchased by appellees J. V. Hayden, J. L. Hibbs L. C. Hibbs, and J. M. Davis at the price of $4,720. The land had been appraised at the sum of $5,950. The report of sale was returned and filed April 15, 1895, to which the appellees filed numerous exceptions, numbered from 1 to 14, which were overruled by the court, and the sale confirmed; and from that judgment, and the judgment adjudging a sale of the land, appellants have appealed.
It is suggested by appellants that, inasmuch as the plaintiff, Swinford, had dismissed his cause of action, settled, before the rendition of the judgment complained of, the suit could not be further prosecuted in the name of Swinford, and the judgment is therefore erroneous; but it will be seen that the cross petitions of the other creditors had been filed before the dismissal of Swinford's petition, and they had a right to prosecute their claims to judgment, and the mere fact that the suit was continued to be styled ""Swinford v. Terry et al." cannot invalidate the judgment rendered in favor of the several cross petitioners.
After the sale the following exceptions were filed to the report of the commissioner's sale:
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