American Soda Fountain Co. v. Futrall

84 S.W. 505, 73 Ark. 464, 1905 Ark. LEXIS 221
CourtSupreme Court of Arkansas
DecidedJanuary 7, 1905
StatusPublished
Cited by8 cases

This text of 84 S.W. 505 (American Soda Fountain Co. v. Futrall) is published on Counsel Stack Legal Research, covering Supreme Court of Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
American Soda Fountain Co. v. Futrall, 84 S.W. 505, 73 Ark. 464, 1905 Ark. LEXIS 221 (Ark. 1905).

Opinion

Hire, C. J.,

(after stating the. facts.) Three errors are alleged to have been committed, viz: (1) overruling the demurrer to defendant’s answer; (2) transferring the case from law to equity; and (3) finding the value of the old fountain at $200.

1. The old fountain was converted to appellant’s use in the face of the mortgage resting upon it, and its value to the extent of $300, the agreed price thereof, went into the new fountain, the subject of this suit. These facts constituted a trust ex maleficio, and impressed the property with an equitable lien to the extent of the value of the old fountain. Humphreys v. Butter, 51 Ark. 351; 2 Pomeroy, Eq. Jur. § § 1051, 1053; 2 Story, Eq. Jur. § § 1255, 1258.

2. When sued at law, a defendant must interpose all the defenses which he has, legal or equitable; and when one is purely of equitable cognizance, that issue must b.e determined in chancery. Daniel v. Garner, 71 Ark. 484. That was the case here. The facts did not constitute a special ownership as claimed by Futrall, but did present an equitable lien against the property. Equity enforces these trusts ex maleficio against the property acquired with converted property or its proceeds, although there may be an action at law for damages. 2 Pomeroy, Eq. Jur. § 1053. That an equitable defense may be interposed to a replevin suit is settled. Ames Iron Works v. Rea, 56 Ark. 450; Johnson v. St. L. Butchers’ Supply Co., 60 Ark. 387.

3. There was ample evidence to support the chancellor’s finding that the fountain was worth $200. The testimony relied upon by appellant to establish its value at $25 was given by workmen in appellant’s factory in Massachusetts. Conceding their •greater knowledge of the value of the fountain and each part of it, yet théir testimony is as to its value and condition in Massachusetts. It was converted at Fayetteville, Ark., and its value then and there fixes the measure of liability. Finding no error in the decree, it is affirmed.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Auston v. Loyd
533 F. Supp. 737 (W.D. Arkansas, 1982)
Ford Motor Credit Co. v. Herring
589 S.W.2d 584 (Supreme Court of Arkansas, 1979)
Hardin v. Marshall
176 Ark. 977 (Supreme Court of Arkansas, 1928)
Midland Savings & Loan Co. v. Sutton
1916 OK 99 (Supreme Court of Oklahoma, 1916)
Westminster Investment Co. v. McCurtain
118 P. 564 (Utah Supreme Court, 1911)
Hamburg Bank v. George
123 S.W. 654 (Supreme Court of Arkansas, 1909)
Ayer-Lord Tie Co. v. Greer
113 S.W. 209 (Supreme Court of Arkansas, 1908)

Cite This Page — Counsel Stack

Bluebook (online)
84 S.W. 505, 73 Ark. 464, 1905 Ark. LEXIS 221, Counsel Stack Legal Research, https://law.counselstack.com/opinion/american-soda-fountain-co-v-futrall-ark-1905.