Sims v. Miller
Sims v. Miller
Opinion of the Court
The opinion of the court was delivered by
It seems that the defendants were factors, doing a cotton business in Columbia, and that the plaintiffs had cotton in their hands, upon which they had made considerable advances. On January 28, 1891, the defendants reported by letter to the plaintiffs, that they had sold the cotton for $1,592, and enclosed a statement of the account of sales, showing that, after deducting the advances and interest, there remained on January 28, 1891, the sum of $226.65 due to the plaintiffs, and that is the amount for which the plaintiffs brought this action.
There was no formal answer, but, by consent, the defendants were allowed to make a statement, which was substantially as follows: That they had no orders to sell; but, having made advances, in order to save themselves, they took the cotton themselves, allowing the fullest market price for the same; that they charged themselves with the amount, and after deducting therefrom the advancements and interest, reported the result to the plaintiffs, that there was due them a balance of $226.65. The plaintiffs refused to approve the proceeding, and in order to protect themselves, they [defendants] replaced the cotton— that is, put a sufficient quantity in the warehouse for that purpose. On April 6, 1891, the plaintiffs wrote to them, offering to sell, and the defendants replied: “We sent you account of sales of the forty-four bales twice, and you returned them both
Under Judge Aldrich’s charge, the jury found for the plaintiffs the amount originally admitted by the defendants to be due, $226.65.
The defendants appeal to this court, upon the following grounds: I. They except, because the presiding judge erred in charging the jury, that "Where a factor undertakes to buy cotton from himself belonging to his principal, then the man who sends the cotton there has the right to elect whether he will stand by the sale, which is improper, or whether he will demand the value of the goods”—the error consisting in the erroneous application of the law to the case at bar, where the factor was selling to enforce his lien, and took the cotton at the highest market price, and notified the owner of such sale. In such case the plaintiffs had no right of election, unless the factors, Miller Brothers, chose to allow the same. IY. Because the judge erred in charging the jury, that "If a patron directs his factor to sell cotton, for instance, at a certain time, and the factor fails to do it, he can hold the factor to the amount of the value of the cotton at the time he directed it to be sold. If the factor sells without direction and consent of the patron, just does it of his own account, then the patron can hold him liable for the value of that cotton, the highest price for it any time up to the date of demand for it, if he sees fit.” Y. Because the judge erred in not charging as the law of the case, that the plaintiffs were only entitled to the price of the cotton at the time of direction to sell or demand, and that it was for the jury to say when that demand or direction to sell was made. Exceptions II. and III. were abandoned at the argument.
The judgment of this court is, that the judgment of the Circuit Court be affirmed.
Reference
- Full Case Name
- SIMS v. MILLER
- Status
- Published
- Syllabus
- 1. Factors—Buying from Tiiemselves—Election.—Factors, without in- • struction, sold to themselves cotton of their patron on which they had made advances, and reported sale and balance to patron’s credit, without disclosing that they themselves were the buyers. The patron at first declined to accept, but afterwards, the factors insisting, approved the sale. Held, that the right of election by the patron to affirm or repudiate the sale remained with him until he learned that his factors were themselves the purchasers; and he might demand payment of the balance reported to his credit, and insisted upon by the factors as his only right up to the time of his final agreement to accept. 2. Sale Without Order—Amount of Recovery.—If there was error in charging that a patron could hold his factors liable for the highest value of cotton at any time from date of sale to date of demand, where the factors sold without instructions, it was a harmless error in this case, where the patron sued to recover only that for which the factors had sold. 3. Ibid.—Ibid.—Substituted Goods.—In such case the patron could not be held to the lower market value of the cotton at a subsequent day on which he had given directions to sell, nor be charged with interest or insurance and storage on other cotton which the factors had purchased for the purpose of protecting themselves against the claim of such patron.