Peoples State Bank v. Troutman
Peoples State Bank v. Troutman
Opinion of the Court
The opinion of the court was delivered by
This was a suit to enjoin the sheriff from selling an interest in a certain leasehold and certain oil-drilling equipment to satisfy a judgment, on the ground that plaintiff had procured an attachment on the property prior to the date of the judgment.
On August 20, 1920, the plaintiff bank sued Pringle on an indebtness of $5,200 and attached his interest in the oil leasehold and equipment.
On September 13, 1920, judgment was entered against Pringle as prayed for in the action brought by the Atlantic Petroleum Company, and its claim was declared to be a first lien on Pringle’s interest, and execution was ordered thereon.
On October 16, 1920, judgment in favor of the plaintiff bank was entered against Pringle, and its attachment issued on August 20, 1920, was also declared to be a first lien on Pringle’s interest.
Pursuant to an execution issued to satisfy the judgment of the Atlantic Petroleum Company the sheriff was about to sell Pringle’s • interest, and this action was begun. A temporary restraining order was issued, but after a demurrer was filed and a certain admission was made touching the nature of the Atlantic Petroleum Company’s case, the court dissolved the restraining order, and sustained the demurrer.
This is a one-point case. While it is true that plaintiff’s cause of action was good as against the demurrer alone, it was not good when the admission concerning the nature of the earlier case was considered therewith. It might have been better to have brought into the record more formally the files of the earlier case, so that the precedence of the Atlantic Petroleum Company’s right to a lien would have appeared more clearly; but the statement in defendant’s brief as to the nature of the admission is not disputed, and it would serve no purpose to rest our judgment on a mere technicality which would only cause delay and expense and which eventually would have to end with the same result as the one already reached. So we will go to the main question. When the Atlantic Petroleum
Judgment affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.