United States National Bank v. Pomeroy
United States National Bank v. Pomeroy
Opinion of the Court
Tbe opinion of the court was delivered by
On June 4, 1890, the United States National Bank of Atchison, Kansas, commenced an action in tbe district court of Pottawatomie county against tbe administrator of tbe estate of J. N. Roberts, deceased, M. N. Hartwell, and C. A. Dickman, to recover the sum of $1,000 and interest due upon a promissory note, and on tbe same day caused a garnishment summons in said cause to be served on tbe defendants in error. Tbe garnishees severally answered, denying any indebtedness by them to tbe defendants, or either of them, or that they bad in their possession or under their control any property, effects or credits of any description belonging to tbe defendants, or in which they bad any interest. The plaintiff gave due notice that it elected to take issue upon tbe truth of each answer as filed. On September 2, 1890, tbe plaintiff recovered a judgment in tbe action against the administrator of tbe estate of J. N. Roberts, deceased, M. N. Hartwell and C. A. Dickman for $1,077.50, and tbe garnishment proceedings -were continued from time to time until September 8, 1891, when a trial was bad upon the issues joined between the plaintiff and tbe several garnishees, none of tbe defendants in tbe main action participating in or being parties thereto. Tbe court found in favor of tbe. garnishees and rendered judgment against tbe plaintiff for costs. Tbe plaintiff seeks a reversal of this judgment.
It appears from the record that in July, 1889, J. N. Roberts and C. A. Dickman were partners eng'aged in the mercantile business at Blaine, in Pottawatomie county, and that on that day Roberts purchased from Dickman his interest in the partnership business for $3,516.30, and in payment thereof executed and delivered to Dickman five promissory notes for $703.'26 each, payable at intervals of six months respectively, secured by a chattel mortgage on the stock of goods. This chattel mortgage was not filed for record until April 24, 1890. On April 7, 1890, Robex’ts executed, in favor of A. B. Pomeroy, cashier, a note for $10,-000, and at the same time executed a mortgage on this same property to secure its payment. This mort
“It is understood between the parties hereto that this mortgage shall cover all existing indebtedness of said first party to the First National Bank of Westmoreland, Kansas, also all future advances from said second party as cashier to said first party, and shall also be and remain a lien upon said goods, wares and merchandise as collateral security to protect all accommodation indorsements of said first party and held by said bank.”
On April 22, 1890, a new note for $10,000, secured by a chattel mortgage on the same stock of goods, and which also covered the “books of accounts and accounts therein contained, now due and owing said first party,” was executed by Roberts and his wife to Pomeroy as cashier, and which otherwise contained the same stipulations as were set out in the mortgage of date April 7. This mortgage was filed the day after its execution. The last two mortgages above mentioned were executed to secure the same indebtedness. On April 23, Pomeroy, on behalf of the bank, 'took possession of the property, and on May 7 Dick-man commenced an action in replevin against the First National Bank of Westmoreland to recover its possession.
The record does not show either the value of the goods in controversy, or that the bank had possession thereof on the date of the service of the garnishment summons, and for aught that appears the property may have been turned over to the administrator of the Roberts estate before this proceeding was commenced. After the service of the garnishment summons, the First National Bank purchased from Dickman f©r $2,050 the notes held by him against the Roberts estate. Of the purchase price, $1,700 was
As the finding and judgment of the court are sus
Case-law data current through December 31, 2025. Source: CourtListener bulk data.