Simpson v. State Bank of Ceresco
Simpson v. State Bank of Ceresco
Opinion of the Court
This was an action in the nature of trover for certain clothing alleged to belong to the plaintiff and to have been by the defendant, the State Bank of Ceresco, con
Sayers & Walker were engaged in a general mercantile business at Ceresco. On October 12,1894, Simpson made some arrangement with them for the purchase of a quantity of clothing from their stock. He, in the presence of one or both members of the firm, selected the goods, which were invoiced as selected, and it seems a portion marked with a private cost mark by Simpson. They were then carried into an adjoining room occupied by Sayers & Walker in connection with their store, certainly as a warehouse and it seems to some extent as a salesroom, and there placed in boxes which were nailed up. Simpson then wrote his name on them and left town. It seems that he was expected to return the following week and take the goods! A few hours after Simpson left, Sayers & Walker made a mortgage to the bank covering their entire stock of merchandise and some other property, to secure an existing debt to the bank, and subsequently made mortgages on the same property to other creditors. After the bank’s .mortgage was executed, but before possession was taken thereunder, Sayers & Walker unpacked the goods in controversy and replaced them in the room from which they had been taken. That night the bank took possession. Simpson appeared the following week, expressed his desire to complete his contract, and was informed that Sayers & Walker had elected to rescind it He then brought this suit.
The argument is largely directed to the question whether the acts of Simpson and Sayers & Walker, above stated, were sufficient acceptance and receipt of the goods to satisfy the ninth section of the statute of frauds, it
AFFIRMED.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.