Susmon v. Wyard

BARNARD, P. J, The defendant is the wife of William W. Wyard. He executed to the plaintiff a paper in form of a bill of sale on the 18th day of July, 1892. The plaintiff claims title to the property conveyed by it to him. The property was left in the possession of the vendor, and by the bill of sale the sum of $2.50 a week was to be paid for the “use of the said mentioned property.” The defendant claims title under a sheriff’s sale thereof under execution against William W. Wyard. The only question litigated on the trial was whether this bill of sale was a mortgage or a bill of sale. The lawyer who drew it gives evidence tending to show that the paper was a mortgage; that the loan was either $250 or $400; and that the $2.50 per week was possibly usurious. The plaintiff gave evidence tending to show that the bill of sale was absolute; that the consideration was $400, and was all paid; and that the rent reserved for the use of the property was what it purports to be in the bill of sale. The jury found for the plaintiff. There is no reason to reverse this verdict on appeal. The attorney who drew the paper apparently drew a bill of sale for a mortgage under his testimony, and his evidence was probably weakened by the fact that an unrecorded personal mortgage was of no use as a security, which fact was discussed, and a bill of sale given -instead. Assuming [224] the bill of sale and the payment of the consideration, the possession of the property in the vendor subsequently was fully explained and shown to have been in good faith, and without any intent on the part of either party to defraud the creditors of the vendor. The charge of the county judge was eminently fair. The jury were told that, if the bill of sale was in reality given for a loan, it was a mortgage, and void as against the creditors of the vendor; that if the bill of sale was real, and was not made in good faith, then it was void. The jury has found that the bill of sale was absolute, and that the property was left in the hands of vendor, under a covenant for rent for the use of it, and that the paper was made in good faith, and without any intent to defraud creditors. The judgment should be affirmed, with costs. PRATT, J., concurs.