H. T. Henton & Son v. Spearman
H. T. Henton & Son v. Spearman
Opinion of the Court
The plaintiff brought suit by attachment against defendant Spearman, and caused the writ to be levied on certain personal property. Nichols & Shepard Company filed an interplea in the cause, claiming the attached property, under a certain chattel mortgage.
The answer alleged, among other things, that it was provided in their said mortgage that in case of an “unreasonable depreciation” in the value of the mortgaged property, the mortgagee might take the same into his possession. It was further alleged that there
At the conclusion of the evidence, the court, on behalf of the plaintiff., gave a peremptory instruction to the jury, telling them that the interpleader claimed the possession of the property, on the ground that there had been an unreasonable depreciation in the value thereof, at the time the suit was brought, and that, though the evidence in that regard be true, it failed to ■show such unreasonable depreciation, and therefore they must find for the plaintiff.
Whether there was such depreciation in the value of the mortgaged property was a question to be.left to the jury, if there was any evidence to warrant the same. The evidence tended to show that the mortgaged property consisted of a stock of merchandise; that part of this stock was taken out of the possession of the mortgagor and carted away to a neighboring town b'y a constable, under a writ of attachment. The stock covered by ■the mortgage was thus broken and depleted.
There was testimony tending to show that the removal of the goods from the one town to the other had the effect to depreciate the value. There was also some •evidence tending to show that some of the articles of merchandise removed were perishable and were subject to depreciation in value by the removal. The jury should have been allowed to say whether from all the facts and circumstances in evidence, the seizure and removal of part of the property had the effect to. unreasonably depreciate such property in its entirety. It seems to us the evidence was sufficient to have justified the submission of the ease by the court to the jury.
We think the court erred in withdrawing the case from the jury and it therefore results that the judgment must be reversed and the cause remanded.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.