Healey v. Bowman
Healey v. Bowman
Opinion of the Court
Plaintiff, Martin J. Healey, was a stockholder in and manager of the Reliance Coal Company, which company was indebted to defendant, C. C. Bowman, in the sum of $21,785.58, the balance of a $25,000 loan secured by a mortgage covering the breaker property of the company and other improvements. Plaintiff entered into an agreement with defendant to personally take over the lease of the Reliance Coal Company and assume its indebtedness to the latter and, pursuant to the terms of the contract, defendant foreclosed his mortgage, purchased the property at sheriff’s sale and leased it to plaintiff with a provision that upon payment of the indebtedness the property would be deeded to plaintiff. In accordance with this arrangement plaintiff executed a new bond and mortgage to defendant to secure the indebtedness of $21,785.58 and at the same time the parties entered into a sales agreement whereby defendant was given the right to sell for a fixed period all coal mined by plaintiff, to be paid for at a designated price, less freight charges, commissions and incidental expenses, and less a charge of ten cents on every ton, to be set aside as a sinking fund toward the payment of the mortgage debt. Business was carried on under this agreement for five years when a dispute arose which finally resulted in a severance of business relations between the parties. Healey then insti
The questions raised were chiefly questions of fact which were submitted to the jury in a careful and elaborate charge. Motions for a new trial and for judgment non obstante veredicto were dismissed in an opinion fully considering all questions raised. We find no substantial error in the record and nothing to warrant setting aside the verdict of the jury.
The judgment is affirmed.
Reference
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- Published
- Syllabus
- Contract — Action for balance due — Set-off—Damages—Breach—¡ Questions of fact — Evidence—Case for fury. In an action of assumpsit for coal sold and delivered where the questions raised are chiefly questions of fact, and the case is submitted to the jury in a proper charge, and there is no substantial error in the record, a judgment on a verdict for plaintiff will be affirmed on appeal.