p. 763specifically provided for to exercise ;¿ liberal, discretion, except to. oblige ns personally for the. payment .of money.” .
. Weed was anassenteni”. and deposited .bis .bonds, getting in return a certificate of interest in the embryo. Milwaukie and St. Paul Railway Company. • The. La Crosse and Mil-waukie was sold under the decree of foreclosure. ' The agents, &c., purchased it, and it was' now reorganized as the. St. Paúl and Minnesota Railway Company;, the managers of that company being put, oh confirmation of the sale, into possession of the road. All this, as vit.was to be collected from Fleming’s petition and the documents, annexed to it, was prior to his purchase of the bonds from .Weed. In fact, the date of his purchase, as stated by him (September 26, 1863), was after the marshal’s sale and the confirmation by the District Court.
Being dissatisfied with the sale as made by the marshal and confirmed;by the. District Court,.Fleming,petitioned the Circuit Court for the order as already mentioned. That court refused the order. ■
Mr. Carpenter, counsel of Fleming,
now moved this court for" a mandamus to the judges of the Circuit Court, commanding, them, to. make such a rule on the marshal as had been prayed for and refused. The application to this court set forth that the marshal. had sold, or pretended to sell, property belonging to another road,-and not decreed to be sold, and that the District Court had pretended to confirm the same; but alleged that the District Court had no jurisdiction over the cause for any purpose whatever, the cause having been transferred to the Circuit Court; that the pretended confirmation of the sale was void; that the sale remained, therefore, in law unconfirmed; and that no steps could be taken to complete the foreclosure of the mortgage and protect the lights of the petitioner as a holder of bonds secured by the mortgage, excépt by having said sale reported, as it ought to be, to the Circuit Court.
Mr. Cowdrey, as amicus curve,,
submitted a brief, suggest
p. 764ing that no proper interest was shown in Fleming to have what he asked for even if he had merits in fact; and arguing that, for various reasons which he set forth, no merits could exist; a matter, however, this last one, which the court, disposing of the case in limine, did not touch.
delivered its opinion.
The petitioner does not show that he has such .an interest in the matter as would justify the court to permit him to interfere. He describes himself as equitable owner of certain bonds made by the La Crosse and Milwaukie Railroad Company. These bond's were secured by a mortgage; and it was in a suit brought to foreclose that mortgage that the salé was had of which he complains. The owner of these bonds, while the foreclosure proceedings were in progress, was Weed, who had deposited them with, the agents of a company, which proposed to use them in buying the said road, at’ the sale under the decree of' foreclosure. These agents -were invested by Weed with an absolute and full power to use the bonds in any manner, so that no money was required of Weed towards the purchase. The sale was made, and the road, purchased as proposed. These bonds were used in the purchase. The sale was confirmed by the District Court and the purchasers placed in possession. Long, after all this was done, as the petitioner alleges, by purchase from Weed he became the equitable owner of the bonds. Who was the legal owner, and what were the relative rights of the equitable and legal owners, or how any one could be the owner when the bond had been cancelled or absorbed in paying for the road, we are not informed.
We deem it sufficient to say that the petitioner, who had no interest in the matter at the time of. the sale and confirmation, shows no right now to disturb what the parties who were interested have acquiesced in.
Motion overruled.