Opinion

Pease v. Kelly

  • 3 Or. 417
Court
Oregon Supreme Court
Filed
Sep 15, 1869
Status
Published
Author
Boise
On the bench
Boise
Cited by
6 cases
Authority
More cited than 81.3%

The opinion

Boise, J.

In this case, Moore took a note and security on the land for the purchase money. A mortgage is a more certain and definite security than a vendor’s lien. The lien exists if there is no higher security, but we think that the taking of a mortgage, which is an open and public lien, is a waiver of the vendor’s lien, and we think that both liens cannot exist at the same time, and such seems to be the well established doctrine of the cases. (Brown v. Gilman, 4 Wheat. 255 ; Fish v. Howland, 1 Paige, 30 ; Hunt v. Waterman, 12 Cal. 30 ; Camden v. Vail, 23 Cal. 633 ; 1st Leading cases in Equity, 365; 27 Ill. 422 .)

This view of the matter necessarily disposes of all the questions in the case, and it will not be necessary in disposing of the case, to consider the numerous other points which were disbussed on the argument.

The judgment will bo reversed.

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

A word about cookies

We need a few to keep you signed in and the library working. The rest help us see which pages people use and where they get stuck. They stay off unless you say yes.