Ninde v. Union Trust Co.
Ninde v. Union Trust Co.
Opinion of the Court
This case is a proceeding to wind up the affairs of the City Savings Bank of the city of Detroit. The petitioner is the administratrix of William X. Ninde. The petition sets out that in 1898 William X. Ninde purchased lot 7 of block 13 of C. F. Campau’s Subdivision ; that this lot was subject to a mortgage of $1,300, which ran from Arthur H. Bigg and wife to Fannie M. Sloman, then of Omaha, Neb. The petition further avers that William'X. Ninde in his lifetime paid this mortgage, but that, after it was paid, it was assigned by the mortgagee to the City Savings Bank of Detroit, and that it was listed among the assets of the City Savings Bank by the receiver ; and the petition asks that the receiver be instructed
On the hearing below, the circuit judge found that there had been paid upon this mortgage the sum of $1,037.80, and directed that the same be discharged upon the payment by the administratrix of the balance. The receiver appeals, and rests its claim upon two grounds: First, that there is no proof that the mortgage was paid to any one; and, second, that, if it be found that the payment in question was made to Homer Warren & Co., no authority is shown for them to receive the money on the securities.
These questions are questions of fact, and an extended discussion of the testimony would be of no value as a precedent. We are satisfied, however, that the circuit judge reached the correct conclusion upon both questions. It appeared from the testimony that Homer Warren & Co. were agents of Mrs. Sloman in the matter of mortgages, Mr. Frank C. Andrews testifying, “I looked after her affairs.” It also appeared that this mortgage was in the possession of Frank C. Andrews. It appears there were two more mortgages in which the deceased, Bishop Ninde, was concerned, and the only difficulty arose in determining whether the payment that was made to Andrews was made upon the mortgage in question or upon one of the other mortgages. We are satisfied that there was no other mortgage shown on which the money paid could have been applied, and that the circuit judge was correct in holding that the payment was made upon the mortgage in question.
We have been through the record and examined the evidence in this case as though the question were open, but it is very doubtful whether it ought not to be considered foreclosed, in view of what occurred on the trial. Mr. Whiting, representing the receiver, said, “We are perfectly willing to give up one of these mortgages, but we do not want to throw them both away.” Mr. Palmer then took the stand, and gave testimony, based upon the
The order of the circuit judge will be affirmed, with costs.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.