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63 Ind. 438

Headrick v. Brattain

Indiana Supreme Court

Decided November 15, 1878

Indiana Supreme Court · decided 1878-11-15

<p>Chattel Mortgage.— Tenants Mortgage of Crops to be liaised. — Execution,■ Creditor. — A mortgage executed by a tenant on tbe crops to bo raised by him on a tract of ground leased by him is valid against his execution creditors •, but they may sell the equity of redemption.</p>

Cited by 1 later decisions — most recently May 1882

1 state decisions

Good law ✅— No negative treatment on recordhow we know

Decided 1878-11-15

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Perkins, J.

¶1Action to recover possession of personal, property.

¶2Answer:

¶31. The general denial;

¶42. Property in a third person.

¶5The suit was commenced on the "3d day of November* 1875.

¶6The property sought to be recovered was the corn growing upon thirty-five acres of ground. It was pfianted by a tenant holding the land under a lease for five years.frorn the 1st day of March, 1872. At the time of receiving the lease, the tenant executed a mortgage on the crops-to be grown during the five years, as security for the rent of the premises, which mortgage was recorded.

¶7The court tried the cause, made a special finding of' facts, and announced conclusions of law thereon.

¶8Among the conclusions of law, though not necessary to the determination of the suit, was this.: that said mortgage was void as against an execution creditor of the-tenant, on the ground that the property mortgaged was. not in existence when the mortgage was executed.

¶9The weight of authority would seem to be the other-way.

¶10In Butt v. Ellett, 19 Wal. 544, it is decided, that a mortgage of future crops can not operate, at the time of its execution, because the crops are not then in existence, but *439that, as soon as the crops grow, the lien of the mortgage attaches. Herman Chat. Mort. 299, sec. 119.

¶11We think the court erred in its conclusion, that the mortgage was void ; but this error will not justify the reversal of the judgment, because, though the mortgage had become operative on the property, the equity of redemption therein was subject to sale on the execution.

¶12The judgment in the cause is affirmed, with costs.

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