Hong-Kong & Shanghai Banking Corp. v. Emanuel
Opinion of the Court
Under the pleadings in this case, as the evidence stood at the close of the trial, there was, in our opinion, nothing to go to the jury. The difficulty which was claimed to have existed on the former trial, on account of the refusal of the learned justice to submit to the jury the question whether the defendant Emanuel had given the firm of Meyer & Co. authority to sell the oil, against which the draft was drawn, as the agents of the defendants, and to apply the proceeds to the payment of the draft, has now been removed, as it distinctly appeared on the trial, which resulted in the judgment from which this appeal is taken, both by the evidence of the defendant Meyer and of the defendant Emanuel, that it was part of the agreement between the maker and indorser of the draft that Meyer & Co. should sell the oil, and that the proceeds should be paid to the plaintiff on account of the draft. Banking Corp. v. Emanuel, (Sup.) 13 N. Y. Supp. 753. This
The indorsement on the bill, “Received payment for the Hong-Kong and Shanghai Banking Corporation. Harold Vacher, Agent,” upon the evidence, amounted merely to an acknowledgment that there had been received in payment, upon the bill, the amount for which the oil had been sold, being the amount for which credit was allowed- under the allegations of the complaint.
Heither did the justice who tried the cause err in refusing to allow the defendant to go to the jury upon the several questions stated at page 40 of the case. There could be, on the evidence, no question that the oil had been sold, nor as to .the fact that there had been an account of sales rendered to the defendant Emanuel by his agents, Meyer & Co. There was no proof before the court of any payment of the draft, beyond that which the plaintiff had established by putting the indorsement upon the draft in evidence. There was no plea of payment by the defendants, nor was there any evidence of negligence on the part of the plaintiff to submit to the jury.
Upon the record, we are of the opinion, therefore, that if the defendant had been allowed to go to the jury upon either of the questions submitted by his counsel, and a verdict had been rendered in his favor, the court would have been compelled to set it aside. Dwight v. Insurance Co., 103 N. Y. 341-358, 8 N. E. Rep. 654; Kelly v. Burroughs, 102 N. Y. 93, 6 N. E. Rep. 109; Cagger v. Lansing, 64 N. Y. 427. The judgment and order below must therefore be affirmed, with costs and disbursements. All concur.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.