Barker v. Livingston County National Bank

30 Ill. App. 591, 1888 Ill. App. LEXIS 342
CourtAppellate Court of Illinois
DecidedMay 25, 1889
StatusPublished
Cited by5 cases

This text of 30 Ill. App. 591 (Barker v. Livingston County National Bank) is published on Counsel Stack Legal Research, covering Appellate Court of Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Barker v. Livingston County National Bank, 30 Ill. App. 591, 1888 Ill. App. LEXIS 342 (Ill. Ct. App. 1889).

Opinion

C. B. Smith, J.

This was an action in trover, brought by appellee against appellant. A trial was had in the Circuit Court, which resulted in a judgment for appellee, and appellant brings the case here on appeal, and asks for a reversal.

The declaration alleges that on July 20,1886, at Black-stone, in Livingston county, the plaintiff was lawfully possessed, as of its own property, of 24,000 bushels of corn, of the value of $10,000, and that plaintiff then and there lost the same, .and that the same then and there came to the possession of the defendants by finding, and that, knowing the said corn to be the property of the plaintiff, defendants have not delivered it to the plaintiff on demand being made, but have, on the contrary, converted the same to their own use, etc. The plea was not guilty.

The facts disclosed by this record appear to be substantially these: The plaintiff was located and doing business at Pontiac, Illinois, under the name of “Livingston County ¡National Bank.” L. E. Kent & Co. was a firm composed of L. E. Kent, of Pontiac, and J. H. Brown, of Joliet. The business of this firm was buying and shipping grain from Pontiac, Cayuga, ¡Nevada, Blackstone and Smithdale, all stations on C. & A. B. R, in Livingston county. Kent was the active business manager of this firm, and, so far as this record discloses, had the entire management of all the business transactions of the firm. Barker and Sidwell, defendants mentioned in this record, were grain merchants in the city of Chicago. At the time of this controversy Josepli M. Greenebaum was president of the bank, and resided at Chicago. Henry G. Greenebaum was cashier and D. C. Eyler assistant cashier, and both resided at Pontiac. For a year or more before the beginning of this controversy Kent & Co. had been customers of the bank, and, so far as appears, everything had gone well until, on the 15th of February, 1886, Kent & Co. executed the two following papers to secure money then due the bank, viz.:

Exhibit A.
‘‘$2,500. Pontiac, Ills., Feb. 15, 1886.
“On June 1st, 1886, after date, for value received, we promise to pay to the order of Livingston Co. Rat. Bank twenty-five hundred dollars, at their office, in Pontiac, Illinois, with interest at eight per cent, per annum, after date.
“ And, to secure the payment of said amount, we hereby authorize, irrevocably, any attorney of any court of record to appear for me in such court, in term time or vacation, at any time hereafter, and confess a judgment, without process, in favor of the holder of this note, for such amount as may appear to be unpaid thereon, together with costs and five per centum attorney’s fees, and to waive and release all errors which may intervene in any such proceedings, and consent to immediate execution upon such 'judgment, hereby ratifying and confirming all that my said attorney may do by virtue hereof.
“L. E. Kent & Co.
“L. E. Kent.
“ J. H. Brown.”
“ 8,000 Bushels. Pontiac, Ills., Feb. 15, 1886.
“We have this day delivered into the possession of Livingston Co. Rational Bank of Pontiac, Illinois, eight thousand bushels of ear corn, stored in cribs located on land owned by the Chicago and Alton Railroad Company in Revada, Ill., each of the cribs or bins being marked with the name of Livingston County Rat. Bank, and numbered ‘One’ and ‘Two.’
“ This delivery is made by way of mortgage to the said Livingston Co. Rat. Bank as security for the above note, and for any furthe" advances made or to be made- by them to or for us, and one cent per bushel commission on said corn, and we agree to keep the said corn insured for their benefit (loss, if any, payable to them, and policies with this warehouse receipt or memorandum of delivery), at least to the amount of above note; and, upon their request, to procure it to be shelled and shipped, consigned to them or their order, as directed by them, at our own cost and expense. We guarantee the corn to be equal to the grade known in Chicago as Ro. 2, and the quantity and quality to hold out as stated on the arrival of the corn at Chicago; and if the above note be not paid at maturity, we hereby authorize the said Livingston Co. Rat. Bank to sell said corn at public or private sale, without notice, and apply the proceeds of such sale to the payment of said note. The above mentioned corn is free from all claims and incumbrances except those due said bank.
“L. E. Kent & Co.”
“8,000 Bushels. Pontiac, III., Feb. 15, 1886.
“We have this day received, and agree to hold possession of, as the custodian of Livingston Co. Rat. Bank, of Pontiac, 8,000 bushels of ear corn, which is stored in cribs located on land owned by the C. & A. Railroad Co. at Nevada, Ill., each of the cribs or bins being marked with the name of Livingston Co. Rat. Bank, and numbered ‘One’ and ‘Two.’
“ And I agree to keep said corn in good order, and the cribs or bins in good repair, and to notify said bank by mail or telegraph, immediately, of any damage to, or interference with said corn. For all of which services I have received full compensation. “--, Custodian”
Exhibit B.
“ §5,000. Pontiac, III., Feb. 15, 1886.
“ On June 1,1886, after date, for value received, we promise to pay to the order of the Livingston County Rat. Bank, five thousand dollars, at their office in Pontiac, Illinois, with interest at eight per cent, per annum after date.
“ And, to secure the payment of said amount, we hereby authorize, irrevocably, any attorney of any court of record to appear for me in such court, in term time or vacation, at any time hereafter, and confess a judgment, without process, in favor of the holder of this note, for such amount as may appear to be unpaid thereon, together with costs and five per centum attorney’s fees, and to waive and release all errors which may intervene in any such proceedings, and consent to immediate execution upon such judgment, hereby ratifying and confirming all that my said attorney may do by virtue hereof.
“L. E. Kent & Co.
“L. E. Kent.
“ J. H. Bkown.
“16,000 Bushels. Pontiac, III., Feb. 15, 1886.
“We have this day delivered into the possession of the Livingston Co. Nat. Bank, of Pontiac, Illinois, sixteen thousand bushels of ear corn, stored in cribs located on land owned by L. E. Kent in Blackstone, Illinois, each of the cribs or bins being marked with the name of Livingston Co. Nat. Bank, and numbered ‘One’ and ‘Two.’
“This delivery is made by way of mortgage to said Livingston Co. Nat.

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Bluebook (online)
30 Ill. App. 591, 1888 Ill. App. LEXIS 342, Counsel Stack Legal Research, https://law.counselstack.com/opinion/barker-v-livingston-county-national-bank-illappct-1889.