Quinn v. Aldrich
Opinion of the Court
The defendant had a building loan contract with one Vandewater, which provided for payments, 15 in number, each in the sum of $10,000. Among the other payments provided for by said contract was the ninth payment, called the “brown mortar, rough plumbing, boilers in, payment,” and the tenth payment, called the “white mortar and iron stairs payment,” in the pleadings. The contract also provided that if the builder should proceed to and erect the buildings as in said contract agreed, and should produce to the defendant the certificate of W. J. Rider that the work thereon had progressed to the points in said contract mentioned, and that the same had been in all respects constructed as therein required, the defendant would advance to said Vande- . water said loan, no installment or part thereof being payable until 48 hours after the certificate of said Rider should have been furnished to defendant. It also provided that if, at any time that said house should have progressed so far that an installment of said loan was payable, there should be any lien thereon other than the lien of certain mortgages therein mentioned, the said installment should not be advanced until said lien was removed, and also that the. defendant might, at his option, advance money at other and different times than was specified, and when so advanced the same should be considered as an advance upon .the installment or installments next thereafter to become due. It appears that Vandewater, on the 23d of March, 1890, gave to the plaintiffs an order upon the defendant to pay them $500 out of the ninth, or . brown mortar, etc., payment, when said payment became due and payable. This order was presented to the defendant, who acknowledged its receipt, and returned the same, 'having had a copy made for himself; the defendant stating that when Vandewater was entitled to said ninth payment he would reserve the said $500 out of said ninth payment, with which to pay the said order. The defendant paid to Vandewater, after notice of said order, on account of said ninth payment, sums amounting to $6,500, and. also paid $500 on the tenth payment, and this action was brought to recover the $500 represented by said order.
It is urged upon the part of the appellants that the order in question was an assignment of the moneys thereafter, to become due to Vandewater on the ninth, or brown mortar, payment, apd constituted a first lien thereon. But it is insisted upon the part of the respondent that the plaintiffs, as equitable assignees of Vandewater, had no greater or other rights than their assignor. In considering the rights of the parties it may not be amiss to examine
As to the claim made by the plaintiffs that they are entitled to the first money paid upon the ninth payment, there seems to be no foundation therefor. They were to be paid when the ninth payment was due, and it is entirely immaterial whether it was the first or the last that they got. Until that whole payment was due they were not entitled to anything. We think, therefore, that the learned court below was right in dismissing the complaint, as no cause of action was made out, and the judgment should be affirmed, with costs.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.