This is a suit to enforce a minor’s rights of mortgage upon property in the hands of a third person.
John C. Clark, the father of plaintiff, died in 1853, leaving a widow, her mother, two minor children, and a considerable estate, all comma
On first February, 1859, the widow sold the land to one Mrs. Stirling, who assumed to pay the amount due the minor at her majority, to the extent of $20,000, with six per cent, interest, and stated to be “secured by the tacit mortgage, accorded by law.” This act of sale was not recorded until the eighteenth June, 1866, when it seems to have been recorded in the book of mortgages, and was reinscribed on eleventh December, 1869.
On the twentieth May, 1859, the widow filed an account, showing the sum due the minor to be $9688 95, and on the ninth of June, of that year, this account was homologated, and the judgment signed. This judgment is not recorded.
On the nineteenth January, 1866, prior to the recording of the act of sale from Mrs. Clark to Mrs. Sterling, the latter mortgaged the said land to one R. B. Hill, who transferred the mortgage notes to the New York Warehouse and Security Company, one of these defendants. In this act, which was recorded on seventh February, 1866, is a recital of the minor’s mortgage, as existing, for $12,489 59, with six per cent, interest from February 1, 1859, as fixed by judgment, and payable at the majority of the minor, then about fifteen years old.
After this, to wit, on eighteenth June, 1866, as above stated, the act of sale from Widow Clark to Mrs. Sterling, of first February, 1859, was recorded in the mortgage book, and reinscribed December 11,1869. On twenty-fifth April, 1868, the said land was sold at Marshal’s sale, under foreclosure of the Hill mortgage, and purchased by the New York Warehouse and Security Company, holder of the notes, the mortgage certificate furnished at the time, reciting the minor’s mortgage, as existing, for $20,000, and by special instruction it was not erased upon recording the purchaser’s title. On the twenty-second June, following (1868), the judgment of twenty-eighth Mafch, L855, homologating the adjudication of the community property to the widow was recorded, as already stated. And on the sixteenth October, 1869, an extract of the inventory of Mrs. Clark, deceased, made on the twenty-seventh April, 1861, was recorded.
The principal question presented is, has the minor’s mortgage been preserved 9
She relies on the recording of the judgment of adjudication, the abstract of inventory of Mrs. Clark’s succession, and act of sale from Mrs. Clark to Mrs. Sterling, showing an acknowledgment of $20,000 due the minor and secured by mortgage.
Section six of act No. 95 of 1869, approved March 8 (session acts, p.
This statute was passed, as its title announces, to carry into effect article 123 of the constitution of 1868, which made it the duty of the Legislature to provide by law for the registration and preservation of tacit mortgages then existing in favor of minors and others, as well as any subsequently arising or created. The judgment, which, in this instance, is the act of adjudication, stipulating the amount of the property held in common with the minor and adjudicated to the mother, was duly recorded in the book of mortgages, and was, we think, a compliance with the said law.
There can be no question that the mortgage existed up to January, 1870, in favor of the said minor, under the laws and jurisprudence .,heu in force, and it was only a question of preservation or perpetuation, as contemplated by the constitution, prior to the first day of •January, 1870. We must think that it was preserved and perpetuated by the compliance with the above law as stated. What the law directed to be done in such a case, was done, and the rights of the minor in this respect were protected.
The prescription of ten years, set up by defendants, does not apply to this judgment of adjudication. The judgment is not, and was never intended by the law to be a judgment for money against the natural tutrix 'upon which execution could issue in favor of the minor. Nor is the claim of the plaintiff prescribed. The amount, however, so far as secured by mortgage, must be reduced, as it is shown that a portion of it was for the price of slaves adjudicated with the land. It was a sale, the price of which is still unpaid.
This question has already been settled by this Court, and is now jurisprudence. See 21 An. 537, 643,661.
The proportion of the slave to other property was as thirty-five is to thirty-two — a fraction more than one-half. The amount due the minor on twentieth May, 1859, was $9688 95. The proportion we ascertain to be enforceable is $4420 with five per cent, interest from said date, and for which the plaintiff should have the right of mortgage upon the property described in her petition, this being the only matter brought up by this appeal, the plaintiffs having appealed from the judgment in favor of the New York Warehouse and Security Company.