Parsons v. Hunkins

Wisconsin Supreme Court
Parsons v. Hunkins, 87 Wis. 115 (Wis. 1894)
58 N.W. 264; 1894 Wisc. LEXIS 162
Orton

Parsons v. Hunkins

Opinion of the Court

Orton, C. J.

This action is brought to set aside and cancel the assignment of a certain note and mortgage given 'by the plaintiff to the defendant Aurelia S. Hunkins on the 4th day of January, 1893, made by the said defendant *116Aurelia S. Hunkins to the defendant Wilber F. Hunkins, and to restrain and enjoin the said Wilber F. Hunkins'trova. foreclosing said mortgage or taking possession of the personal property covered thereby, and from transferring or parting with said mortgage or note, and to compel the delivery of the same to the said plaintiff. The said note is for the sum of $1,500, payable two years from date, with interest at the rate of seven per cent, per annum. The said mortgage is on the undivided one-half of the property of the “Pus and Freight Line” in the village of Wauke-sha, belonging to the plaintiff, as his interest in the partnership of himself and the said Wilber F. Hunkins, operating said business. A preliminary injunction, as prayed for, was allowed by the court, and on motion to dissolve the same,, predicated on certain affidavits, the court ordered that the said injunction be continued during the pendency of the action. Prom that order the defendants have appealed.

The material facts set forth in the complaint are substantially as follows: The plaintiff and the defendant Wilber F. Hunkins formed a partnership in said business the 1st day of March, 1891, and continued until a short time-before the commencement of this action. The said Wilber F. Hunkins, who is a son of the defendant Aurelia S. Hunkins, borrowed from her a like sum of $1,500, and- gave her his note and mortgage on his interest in the partnership property at the same date, and on the same terms of the said mortgage given to her by the plaintiff, who- is her son-ind-aW. Having disagreed in the management of the business, the plaintiff commenced an action to terminate the partnership and close up its affairs. It was then agreed that- the- said Hunláns should sell out his interest in the concern. One Charles McCumber offered to buy said interest* on condition that the mortgage liens on the property should: be removed, and he refused to buy unless they were *117so removed. Thereupon the Hunkins mortgage was canceled, and the said Aurelia S. Hunkins agreed to surrender and discharge the plaintiff’s mortgage, and take his note for the same amount without security. Relying on that understanding, the said McCumber purchased the interest of the said Wilber F. Hunkins; but the said Aurelia S. Hunkins refused to surrender or cancel said mortgage, and, on the contrary, sold q,nd assigned said mortgage to her son, the said defendant Wilber F. Hunkins, who now threatens to foreclose the same and disturb thereby the business of the new firm. The complaint is verified.. :

In her affidavit the said Aurelia S. Hunkins denies that she ever agreed to cancel said mortgage, but her affidavit is silent as to the terms and conditions upon which the said McCumber purchased her son’s interest in the partnership. The affidavit of W. F. Hunkins is silent as to any such understanding. He does not deny that there was such an agreement. The plaintiff repeats the main facts of the complaint in a counter affidavit. T. W. Parkinson, Esq., the attorney who was present when the sale was negotiated to the said McCumber, and drew some of the papers, says, in effect, in his affidavit, that it was the general understanding that the said McCumber insisted upon the release of said mortgage as the condition of his purchasing a half interest in the concern. The said McCum-ber in his affidavit states, in effect, that he understood that the mortgage was to be released, and he would not have purchased the interest of Wilber F. Hunkins if he had supposed that it would not be released, and that he purchased, it on that express condition.

It is evident that the said Aurelia 8. Ilunkvns, the mother, understood that such was the condition upon which the purchase was made, as she released her mortgage on the property given by the said Wilber for such purpose, and knew that the said McCumber would not purchase the in*118terest of her son. unless the property was clear of incum-brance. These facts she does not deny, but simply says, in short, that she did not agree to release her mortgage. The facts and circumstances corroborate the statement of the plaintiff in his complaint and affidavit. At all events) it can do no harm to any one to continue the injunction until the termination of the suit. The circuit court did right in so ordering.

By the Court.- — -The order of the circuit court is affirmed, and the cause remanded for further proceedings according to law.

Reference

Full Case Name
Parsons v. Hunkins and another
Status
Published