Snelson v. Pickard
Snelson v. Pickard
Opinion of the Court
It appears from the record that in the case of John T. Snelson v. W. L. Pickard, on motion of James A.
Sharp Walker in his affidavit states “that a few days after the purchase of said stock he went to W. L. Pickard and told him that he had bought said stock from Williams, and that the said Pickard consented to the same and made no claim whatever for said stock, or any objection to the sale; * * ‘ * that no dividends were paid on the stock while the same was in the possession of Williams.”
Mr. Walker, on oral examination, testified, “that soon after he had bought said stock he had told Pickard he had bought it; that Pickard did not object to the sale and laid no claim to the stock at that time; that within thirty days a dividend was paid on the stock; that the stock not having been transferred on the books of the company he went to Pickard and got him to sign over the dividend slips so that witness could draw the dividends.”
The statements of Mr. Walker, before quoted, were not denied by Mr. Pickard, although he filed an affidavit in which he denied the statements of Mr. Williams.
Considering the statements of Mr. Pickard, Williams and Walker, together, there is no doubt but that there was an arrangement between Williams and Pickard, under which said stock was to be held and disposed of, and that the order of the court was entirely ignored by the parties. The record shows that the market price of the stock went up shortly after the sale to Walker.
Several months after the sale, Pickard demanded said stock of Williams, and upon refusal or neglect of Williams to redeliver the same, Pickard, upon affidavit, obtained an
At the trial in the court below, objection was made by appellant’s counsel, to the jurisdiction of the court, and the action of the court in overruling the objection is assigned as error.
The order of the district court made on July 25th, 1894, required Pickard to turn over the stock to George West-ervelt, referee, on or before the 27th day of July, 1894, to be held for a satisfaction of a judgment against Pickard. Pickard did not obey this order, but after the time had expired for doing so, he delivered the same to Williams subject to conditions essentially different from those contained in the order of the court. Williams acted, simply, as an agent of his client in the matter. The order did not direct the stock to be delivered to him, nor did it impose upon him the performance of any duty or make him a trustee, and for that reason he could not violate the order, or be held amenable in the premises by the summary process of the court. Having received the stock under an arrangement with Pickard, different in its conditions from the order of the court, Pickard’s only remedy for a breach of these conditions, would be an action for damages against the plaintiff. Perhaps such action might lie against both plaintiff and Williams.
The lower court, in making the final order appealed
Reference
- Full Case Name
- JOHN T. SNELSON v. W. L. PICKARD, JAMES A. WILLIAMS
- Status
- Published