Majority
Headnote
1. Contract—Conditional sale—Rights of parties under.The plaintiff sold and delivered to Frank Tousey four printing presses under a conditional contract of sale by which the title remained in the plaintiff until the purchase price was fully paid. Tousey retained the possession of the machines about three years, and paid on account of the purchase money in partial execution of the executory contract of sale over $6,000, when he made a general assignment for the benefit of his creditors to the defendant in this action.
The property went into the possession of the defendant under the assignment to him, and then in the forepart of the year, 1885, the plaintiff brought an action of replevin
Thereupon the plaintiff commenced this action for the foreclosure of any lien which the defendant may have upon the property. The complaint was dismissed by the trial court, and the plaintiff has appealed from the judgment.
Under the contract of sale by which the possession of the property was acquired by the vendee, the legal rights of the parties are well defined in this state.
The rights of the vendee were those of a bailee only. He was the lawful custodian of the property, and the bailee of the plaintiff until the purchase price was paid in full, but he acquired no title against the plaintiff, and upon his failure to pay in pursuance of the terms of the contract the title remained in the plaintiff as fully as if neither sale nor delivery thereof had been made or attempted, and the defendant occupies the position of his assignee. Herring v. Hoppock, 15 N. Y,, 409 ; Ballard v. Burgett, 40 N. Y., 314 .
The plaintiff invoked the aid of this severe principle of law in the first action for the recovery of the possession of this property in question, and the judgment of the court was awarded to him in obedience to its dictates, and the possession and the title were united, and the rights of the plaintiff became absolute and undivided.
These considerations seem to be sufficient for the determination of this appeal. The plaintiff has been awarded the possession of the property in question because its right thereto was absolute, and no title passed from the company or vested in Tousey under the contract of sale, and now after the acquisition of that adjudication it seems to be the object of this action to procure a judgment which shall foreclose all interest of the defendant in the property.
Should the plaintiff obtain a judgment in this action pursuant to the prayer of the complaint, it would be in diametrical opposition to the theory upon which the judgment in the first action between these same parties was procured. Such a judgment could only go upon the theory of a lien .upon or interest in the property sufficiently tangible for the basis of an. action of foreclosure, while the first judgment was awarded upon the theory of an entire absence of interest in the defendant.
Why should this plaintiff be permitted to pursue these contradictive courses % Why should this company again drag this defendant into the thorny field of litigation when its rights have been fully adjudicated, and its interests well
The claim seems to be that while the rights of the company are well adjusted and protected at law, yet they may be disturbed by a court of equity, but if the rights of the plaintiff are perfect at law there can be no interference by a court of equity for their disturbance.
Whatever may be said in behalf of the defendant and his assignor, there is no reason for the interposition of a court of equity in favor of the plaintiff.
Our examination has’ proceeded upon principle but we have discovered no authority requiring any different conclusion.
There was no appeal by the defendant from the portion of the judgment dismissing his counter-claim, and therefore no consideration is given to that subject.
The judgment should be affirmed with costs.
•Barnard, P. J., and Pratt, J., concur.