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"How, then, can the Court assume on itscifio say that if the
The charge of the Court was so broad, that it would not even have admitted evidence that Bibh know of the sale to Hobbs. It rests on the isolated fact, that possession resining with the vendor, Estell, made the salc void. It shonld have been in the language of Lord Eldon, that Estell being
JULY 1829. in possession, the law would presume that he was the
owner, but that this presumption would give way to proof Hobbs
that he was not. The proof of the sale and subseBibb. quent hiring should have gone to the jury to determine
whether the sale was made with a fraudulent intent or not. Courts can never exercise too much vigilance and zeal, in administering the laws for the preventing of fraud. But that zeal must not seduce them from their proper sphere of action. If sound policy requires that he who has once owned a chattel shall never have possession of it after he has sold it, by hire, loan or otherwise, it is a proper subject for the attention of another branch of the government. Courts should never undertake to distort the words of a statute, to effect any object, however salutary. If they do so, Legislation will be at an end, in the constitutional way, and the whole legislative functions will be swallowed up by the judiciary. The legislative and judicial departments have distinct duties to perform. The Legislature can alone make the law, and it is the exclusive privilege of the judiary to expound it. Let us then not tresspass on the rights and privileges of a co-ordinate department; but content ourselves with expounding what the law is, and not what sound policy requires that it should be.
Judgment reversed and cause remanded.
Judge Saffold having presided below, did not sit.
* See the case of Ayres v. Moore, decided in this Court at January Term 1330; and the case of Richards v. Hazard, at July Term, 1831.
ELLIS V BIBB.
la July 1819, P. as principal, with E. as security, gave their note payable in six months to B. for $:3000, to bear interest at five per cent a month. In March, 1821, B.without the consent of E. at the time, entered into a new contract with P.who secured the payment of $3500 in one year and $1000 in two years, by a deed of trust on twelve negroes, and B. agreed to remit the remainder on said sums being paid. P. absconded with the negroes. In January 1822, E. under the influence of alarm and mistake as to his legal rights, consented to give B. bis notes for $6,600, and received an as. signment of the original note and deed of trust: both believing that five per cent a month was recoverable on the original note till paid. E. on those notes paid $4,400 and was notified by his principal not to pay more than
tras lawfully due on the original note, at his peril. It was held. Ist. That B. on the original note was only entitled to interest at five per cent
per month till its maturity, and at eight per cent per annum afterwards. 2. That the extension of time given, released the security. 3. That the potes of E. for $6,600, were not void for usury. 4. That E. being a security, was entitled to relief in chancery against'all but
the balance of the original debt, computing interest at five per cent a month till due, and eight per cent per annum afterwards.
RICHARD Ellis, in January 1826, filed in Franklin Cir. cuit Court a bill in chancery against Thomas Bibb, for a discovery and relief, and to enjoin a judgment at law which Bibb had recovered against him. The cause at April term 1927, was by consent, submitted for a final decree on the bill, with the several accompanying exhibits, and the answer; and a decree was rendered by the presiding. Judge, dissolving the injunction previously granted, and dismissing the complainants bill.
Ellis, assigns in this Court for error, that the decree was improper; 1st. Because he was discharged from liability as security of Pettus,' by the enlargement of time given for payment without his knowledge or consent, and therefore that the note sued on was without consideration; 2d. Because the several notes given by the complainant, amount to more than was due from Pettus to Bibb, and therefore were void for usury; 3d. Because as more than principal and legal interest had been paid, the injunction should have been perpetuated.
The principal and material facts of the cause appear and are stated in the opinion delivered.
By JUDGE SAFFOLD. By the bill, exhibits and answer, it appears that William Pettus, in July 1819, and while the statutory restraints on usury stood repealed, aceording to the provisions of the act of 1818, executed his note to the defendant for $3,000, payable six months after date, to carry interest at the rate of five per cent a month;
JULY 1829. F. Pettus and complainant also signed the note, as securities
of said William. The consideration of the note was dississippi Stock, which had been purchased several ycars previously at a discount of about fifty per cent, but which at the date of the contract between these parties was worth its nominal amount, being receivable in payment for public lards as so much cash.
Pettus, the principal, at the time of executing the note, was possessed of considerable property, and his circumstances were reputed good. Sometime after the debt fell due, the defendant instituted suit against the principal, but before service of process on complainant, in March 1821, he entered into a new contract with W. Pettus, by which it was stipulated and agreed that certain negroes therein described, (about twelve in number,) were conveyed and transferred to said defendant and Daniel Coleman, to secure the payment of the debtand interest aforesaid: and on the condition, that if Pettus should pay to the defendant $3,500, within twelve months from the date thereof, and $4,000 within two years, in good current bank notes, the defendant would accept the same, and reinit the residue that might be duc, an i the deed should become void; but if Pettus should fail to make payment as aforesaid, said Coleman as trustee should, upon the first failure to pay, take possession of the negroes and sell them, or so many thereof as should be sufficient to pay said note und the interest then due thereon, at public auction, &c. The defendant also as a consequence of this contract, dismissed his suit against Pettus. .
It does not appear that complainant was consulted in rclation to this contract at the time it was entered into, or at any time previously, or that he had ever consented to any extension of the term of credit to the principal. The complainant charges that he was then absent in a remote part of the state, without the means of knowing, much less of consenting to the same; but that afterwards at Cahawba, the defendant informed him of the arrangement he had made, and asked complainant if he was satisfied with it; to which complainant agreed, and said he was glad of it. He further states that he was induced to make this reply from a conviction entertained at the time, and since, that he was thereby discharged from all liability as security to the note; in as much as defendant had of his own accord taken other security,extended the term of credit, and dismissed his suit; nor would he ever have entered into a contract or compromise to the contrary, but for the influence of counsel he afterwards received, and the alarm excited in his mind, JULY 1829. from the rapid accumulation of interest, in addition to the
Ellis amount of the original debt. The bill also charges various
Bibb. importunities and advice intruded upon him by the counsel of the defendant, urging him to the compromise, after his discharge as aforesaid; in consequence of which, together with the advice of an attorney consulted by him, and in whose opinion he had great confidence, he was induced to accede to the terms proposed, and executed his several notes to the defendant, for sums making together $6,600, which was 800 or 1,000 dollars less than he at first insisted on as being due him on his original note. It is further stated, that pursuant to the terms of the compromise, said original note, and the deed of trust from Pettus, were by the defendant assigned to the complainant, without recourse on the former; but which were believed to be of little or no value, as Pettus had fled to one of the Mexican states, and taken with him all the property conveyed by the deed of trust; and that the abscondingof the principal debtor as aforesaid, together with the co-security, was the chief cause of the defendant's extraordinary exertions and ingenuity to get the complainant re-bound for the payment of the debt, and of the alarm and apprehensions of the latter for his own safety; whereby he was rendered more accessible to the influence of erroneous counsels. The complainant also tenders a redelivery of the note and deed of trust as described, should the Court so direct, as the terms on which he can be relieved from this contract. He further states he has paid defendant on his said notes exceeding $4,400, and exhibits the receipts; that defendant has since prosecuted suits on the residue of his notes, and recovered judgments against him for the balance promised; which exceeds, by several thousand dollars, the amount which he could ever have recovered from Pettus, or which complainant can ever recover from him, either in law or equity, more especially as he has absconded. The bill contains also a statement of chancery proceedings, by Pettus, against complainant and defendant; and a notice from Pettus to complainant, that if he made payment to defendant, it would be at his peril; with other matters, deemed immaterial to the merits; and concludes with a prayer for a perpetual injunction of the judgments at law, and such other relief as justice and equity may entitle him to.
I omit to notice the asperity of the bill and answer, with which the record is unnecessarily encumbered, giving