Pottier & Stymus Manufacturing Co. v. Noel
Opinion of the Court
The answer admitted the cause of action, and pleaded a counterclaim of $803.06 in favor of A. Noel & Son (a copartnership firm composed of the defendant and his son), under a transfer alleged to have been made by that firm to the defendant before the commencément of the action. The reply put in issue both the counterclaim and assignment. The referee, although requested by the defendant, refused to find as matter of fact, that any assignment had been made as alleged. This is tantamount to an affirmative finding that no transfer was ever made in fact. If this finding is justified by the evidence, it becomes unnecessary to consider any of the other questions in the case, because if there was no assignment, the joint demand in favor of the firm of A. Noel & Son could not be used as a counterclaim to an action against A. Noel, individually. Hopkins v. Lane, 87 N. Y., 501; Code, § 501. The assignment was oral, not in writing, and in such a case whether what was said amounts to an assignment depends upon the intention of the parties and what was done by them in furtherance of such intent. In Sheridan v. The Mayor, etc., 68 N. Y., 30, the assignment was in writing, duly executed and acknowledged; hence that case is not applicable. The owner of a cause of action may give it away, and the assignee is entitled to judgment thereon. Mills v. Fox, 4 E. D. Smith, 220; Beach v. Raymond, 2 Ib., 496; Richardson v. Mead, 27 Barb., 173; Burtnett v. Gwynne, 2 Abb., 79. In those cases, as in the Sheridan case, formal transfers sufficient to pass title were executed, and the court held the consideration therefor immaterial. Notes not negotiable have been held to pass by delivery where there was an intention to part with the title. Judgments and accounts
Freedman, P. J., and Gildersleeve, J., concurred.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.