Thomas v Cross

JurisdictionEngland & Wales
CourtHigh Court of Chancery
Judgment Date22 April 1865
Date22 April 1865

English Reports Citation: 62 E.R. 682

HIGH COURT OF CHANCERY

Thomas
and
Cross

S. C. 34 L. J. Ch. 580; 11 Jur. (N. S.)384; 12 L. T. 293.

Proceeds of Sale. Judgments.

[423] thomas v. cross. April 22, 1865. [S. C. 34 L. J. Ch. 580; 11 Jur. (N..S.) 384; 12 L. T. 293.] 13th sec. of 1 & 2 Fie. c. 110. Proceeds of Sale. Judgments. "Where real estate was devised upon absolute trust for sale, and proceeds of the sale were directed to be divided among testator's sons : Held, that the interest of such sons in such proceeds of sale did not come within the 13 section of the 1 & 2 Vic. e. 110; and, therefore, that judgment creditors had no charge on such interest by virtue of their judgments; and that judgment creditors who had obtained charging or stop-orders on the fund which was in Court had priority according to the dates of such orders. , This was an adjourned summons. The suit was for foreclosure; the Plaintiff's priority as first mortgagee not being disputed. The mortgaged premises comprised (inter alia) certain real estates, some parts of which were in Middlesex, being the share of the Defendant, James Cross, the mortgagor, under the will of John Cross. This will was proved in March 1836. By the will the estates in question were devised upon trust for the testator's wife for life, with remainder upon trust to sell and divide the income of proceeds of sale among the testator's sons for life, James Cross being one of those sons. The testator's wife died in September 1856, but the realty was not sold till 1862, [424] Upon the usual inquiry as to priorities of various incumbrancers directed by the decree the following...

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4 cases
  • Irani Finance Ltd v Singh
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 22 June 1970
    ...at Law or in Equity, whether in Possession, Reversion, Remainder, or Expectancy." 10 In 1865 Vice Chancellor Kindersley, held in Thomas v. Cross, 2 Drewry & Smale, 423, that the judgment debtor's interest in the proceeds of sale of land subject to a trust for sale was not charged by th......
  • Cedar Holdings Ltd v Green
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 9 March 1979
    ...binding in this case, because it was a decision upon a different Act and rested in part on the long standing authority of Thomas v. Cross, Prury & Smile, 423 (62 English Reports, 682) that proceeds of sale under a trust for sale are not within the words "lands and H hereditaments", "of......
  • Stevens v Hutchinson
    • United Kingdom
    • Chancery Division
    • Invalid date
    ... ... McWhirterF2; In re BrockbankF3; Ideal Bedding Co. Ld. v. HollandF4; In re KippingF5; In re PottsF6; Tempest v. Lord CamoysF7; Thomas v. CrossF8; In re Warren.F9 ... UPJOHN J., having stated the facts, continued:— The plaintiff claims to be entitled to an order for sale of the ... ...
  • Elias v Mitchell
    • United Kingdom
    • Chancery Division
    • Invalid date
    ...299; [1953] 2 W.L.R. 545; [1953] 1 All E.R. 699. Taylor v. Taylor (1968) [1968] 1 W.L.R. 378; [1968] 1 All E.R. 843, C.A. Thomas v. Cross (1865) 2 Drew & Sm. 423. Thomas v. Rose [1968] 1 W.L.R. 1797; [1968] 3 All E.R. 765. The following additional cases were cited in argument: Hodgson v. Ma......