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3 Vt. 369

Bradley v. Norris

Supreme Court of Vermont

Decided March 15, 1830

Supreme Court of Vermont · decided 1830-03-15

This bill was brought to foreclose the equity of redemption in certain mortgaged premises, conveyed by the intestate to the plaintiffs to secure the payment of a sum of money. Shaw, solicitor for the defendant, moved to dismiss the bill, on the ground that the defendant was allowed, by the probate court, one year from the time of taking upon himself the trust of administrator, to pay the debts of the intestate, which had not elapsed, and that the statute, (Comp.

Cited by 1 later decisions — most recently May 1808

1 state decisions

Good law ✅— No negative treatment on recordhow we know

Decided 1830-03-15

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Prentiss, Chancellor.

¶1The section of the statute relied upon, in support of the motion, is applicable to actions brought directly for the recovery of debts or legacies, and was enacted to prevent suits of that description, against an executor or administrator, until he has had time to convert the assets into money. But the proceeding in this case is not properly an action for the recovery *3700f a debt; no judgement can be rendered, or any execution had, against the administrator for the debt. The object of the bill is to foreclose the equity of redemption in the mortgaged premises ; and die bill is in the nature of a proceeding in rem,as much so as an action of ejectment on the mortgage, which is clearly not within the statute. The 97th section of the same statute declares that no action shall be commenced against any executor or administrator, after the estate is represented insolvent; but this provision has never been construed to extend to an action of ejectment or a bill of foreclosure. Tire mortgaged premises may be insufficient security for the debt, and the administrator may not, and certainly in such case would not,redeem. If, however,the premises are in fact ample security, so that it becomes the duty of the administrator to redeem, the Court, in decreeing a foreclosure, will undoubtedly give such time, as the circumstances of the estate may require to raise money for the purpose of redeeming, whether it be one year os-more.

¶2Motion overruled.

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