28 N.Y.S. 452 77 Hun. 96

(77 Hun, 96.)

KENNEDY v. STROBEL.

(Supreme Court, General Term, Fifth Department.

April 12, 1894.)

Chattel Mortga ges—Release—Estoppel .

Part of the sum secured by a chattel mortgage to plaintiff was an existing debt from the mortgagor, and the balance was advanced to him by plaintiff at the time. Defendant’s testator, who had a prior mortgage on the same chattels, executed a release purporting to be for value, though no money was in fact paid, and the release was delivered to plaintiff at the time he took his mortgage. Meld, that defendant was estopped from claiming the mortgaged chattels, as against plaintiff.

Appeal from special term, Livingston county.

Action by James Kennedy against Charles N. Strobel, as executor of the will of Hannah Bank, deceased. From a judgment in favor of plaintiff, and from an order denying a motion for a new trial, defendant appeals. Affirmed.

Argued before DWIGHT, P. J., and LEWIS, HAIGHT, and BBADLEY, JJ.

E. E. Coyne, for appellant.

Charles D. Newton, for respondent.

LEWIS, J.

Daniel C. Kennedy, a brother of the plaintiff, executed and delivered to the plaintiff, on the 3d day of September, 1892, a chattel mortgage, which was in the usual form, and covered two horses and a double harness, and was conditioned to pay the plaintiff, one year from its date, $500. The plaintiff paid to the mortgagor, at the time of the execution and delivery of the mortgage, $114 of the consideration. The balance of the $500 was a past-due indebtedness of the mortgagor to the mortgagee. Daniel C. Kennedy had theretofore, and on the 5th day of September, 1891, executed and delivered to one Hannah Bank a chattel mortgage upon the same horses and harness described in the plaintiff’s mortgage, and, in addition thereto, one single harness. The latter mortgage was conditioned to pay the mortgagee $1,000 one year from its date. The plaintiff was informed of the existence of this mortgage at the time of taking his mortgage. At the request of the mortgagor, the mortgagee, Hannah Bank, on the 15th day of August, 1892, executed and delivered to the mortgagor a written release from the lien of her mortgage of the property described therein; it purported to be executed for value received, but no money consideration was, in fact, paid therefor. This release was delivered to the plaintiff at the time of the taking of his mortgage, and he relied thereon in taking his mortgage and in parting with the $114 heretofore mentioned. Daniel O. Kennedy, the mortgagor, and Hiss Bank were, at the time of the giving of the release aforesaid, engaged to *453be married, and would have been married on the 12th day of October thereafter had it not been for her subsequent sickness and death. Miss Rank died on the 19th day of October, 1892, leaving a last will and testament, appointing the defendant executor thereof. The defendant duly qualified as such executor, and thereafter seized and advertised and sold the horses and double harness mortgaged as aforesaid to the plaintiff by virtue of the said mortgage to Miss Rank. The plaintiff forbade the sale, and demanded possession of the property from the defendant, which was refused; and he thereupon brought this action for the conversion of said property, and recovered a verdict for $189.44, being the value of the property converted.

The appellant contends that the release, having been given without consideration, was void. ¡Not so, if it was a voluntary and executed gift; and the circumstances of its execution and delivery tend to establish that it was a gift. It was natural that Miss Rank should wish to assist her impecunious lover, in view of their prospective marriage. She very properly retained possession of the mortgage, as it was a lien upon property which she had not released. Delivery of the mortgage was not necessary to consummate the gift; delivery of the release was all that was required. Ellis v. Secor, 31 Mich. 189. After releasing the property from the lien of the mortgage, neither Miss Rank nor her executor had any claim upon it. The defendant was estopped from claiming the property as against the plaintiff. As against a trespasser, the plaintiff’s title to the property was complete, notwithstanding he parted with less than its value at the time of the talcing of his mortgage. The defendant, having wrongfully taken the property and sold it, was liable to plaintiff for its full value.

The court charged the jury that if they found that the release was executed and delivered to the plaintiff, as claimed by him, he was entitled to a verdict for. the full value of the property. ¡No exception was taken to the charge. The defendant requested the court to charge the jury that the verdict should not exceed $114, the amount of money advanced. The court refused, and defendant excepted. If the jury found for the plaintiff, they were at liberty to add interest. The exception, therefore, cannot avail the defendant. The judgment and order should be affirmed. All concur.

Kennedy v. Strobel
28 N.Y.S. 452 77 Hun. 96

Case Details

Name
Kennedy v. Strobel
Decision Date
Apr 12, 1894
Citations

28 N.Y.S. 452

77 Hun. 96

Jurisdiction
New York

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