Baumhoff v. St. Louis & Kirkwood Railroad

104 S.W. 5, 205 Mo. 248, 1907 Mo. LEXIS 114
CourtSupreme Court of Missouri
DecidedJune 29, 1907
StatusPublished
Cited by7 cases

This text of 104 S.W. 5 (Baumhoff v. St. Louis & Kirkwood Railroad) is published on Counsel Stack Legal Research, covering Supreme Court of Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Baumhoff v. St. Louis & Kirkwood Railroad, 104 S.W. 5, 205 Mo. 248, 1907 Mo. LEXIS 114 (Mo. 1907).

Opinion

LAMM, J.

Plaintiff, suing in equity for specific performance, sought to compel defendant trust company to deliver to him a certain certificate No. 2 for two hundred and fifty shares of the full-paid, non-assessable capital stock of the defendant railroad company, held by the former in trust under a contract, and to compel the railroad company to transfer said shares of stock to him upon its books in the manner and form prescribed by its by-laws and for such further and general relief as may be deemed just and equitable.

The decree went as prayed. The trust company made no defense so far as. disclosed and abides the decree — the railroad company (hereinafter called defendant) alone appealing.

Defendant makes two questions here. Thus: (a), “The court erred in holding that the former suit was not res adjudicata, and did not finally dispose of the suit in controversy;” and, (b), “The court erred in holding that plaintiff could split up his cause of action and could legally maintain his present suit.” -'

To dispose of these propositions understandingly, it will be necessary to summarize here the history of a former case (called herein the “lien case”), viz:

In 1895 plaintiff and defendant entered into a con[253]*253tract in writing whereby plaintiff agreed to build and equip for defendant an electric railroad from the limits of St. Louis city to a local point in St. Louis county, known as Meramec Highlands, on a line shown by plats called for and attached. The scheme contemplated that defendant should issue three hundred bonds of one thousand dollars each, due in twenty years, with six per cent semiannual interest coupons attached, to be secured by a good and sufficient first mortgage deed conveying to said trust company its properties, real, personal and mixed, and all its franchises, and should deliver said mortgage deed, said bonds, with twenty-five thousand dollars of its capital stock (duly endorsed by the person in whose name said stock may stand upon defendant’s books), and also certain bonus subscriptions, to the trust company, and the trust company at certain designated times should tumi over certain of said bonds to plaintiff as part payment for building and equipping said road; and, upon full performance, was to turn over to plaintiff enough more bonds to make two hundred and fifty thousand dollars in bonds, and turn over to him said twenty-five thousand dollars of capital stock and so much as five thousand dollars of said bonus, aggregating in cash, stock and bonds two hundred and eighty thousand dollars, in full consideration for due performance.

The bonds were issued, the mortgage deed executed and defendant caused to be issued a certificate for twenty-five thousand dollars in face value of its full-paid, n on-assessable capital stock, to-wit, certificate No. 2 for two hundred and fifty shares, standing in the name of one Pitman, trustee, bearing his blank indorsement, attested by its secretary, and did cause said bonds, mortgage deed, stock certificate and bonus subscription to come into the hands of said trust company, to be held and dealt with under said construction and equipment contract.

[254]*254Presently, plaintiff entered upon performance, and from time to time received from the trust company part payment in bonds. There came a time when he had taken down his full’quota of bonds, and, claiming full performance, demanded of the trust company full payment. But a squabble arising at that time between plaintiff and defendant, the trust company under notice from defendant not to make full payment, declined to do so, and a suit followed.

It will be convenient to follow with some particularity, not only the pleadings, but other parts of the record in such suit (the lien case), because in those pleadings and in that record (made part of the record of the case at bar) are laid away the facts relied upon by defendant to show res judicata and a splitting of a cause of action, i. e., estoppel by record.

It seems defendant, having entered into possession of the railroad and' its equipment, turned round and leased them to another corporation known as The Highland Scenic Railroad Company. In this fix, plaintiff took steps to fasten a contractor’s lien upon the roadbed, rolling stock, etc., under article 4, chapter 47, Revised Statutes 1899,. providing for liens of contractors, materialmen and laborers against railroads, designing to make said lien have precedence over said three hundred thousand dollars incumbrance. Having in due time filed his lien paper with the circuit clerk, and served defendant and the said Scenic Company with a copy, he sued to recover thirty thousand dollars as the balance due him under his contract, and to foreclose his lien — making three corporations, viz., both the present defendants (the St. Louis Union Trust Company being impleaded under its former name of “St. Louis Trust Company”) and the Scenic Company, parties defendant.

The lien case was tried on an amended.' petition, wherein plaintiff pleaded the incorporation of the [255]*255three defendants, set forth his construction and equips ment contract, averred due performance, alleged the facts entitling him to a lien, admitted the receipt of two hundred and fifty thousand dollars in bonds, by way of part payment, averred non-payment of- the stock and bonus through the wrongful interference of the railway company, and prayed judgment against the latter company (defendant here) for the sum of thirty thousand dollars balance due and unpaid under the terms of the contract and that such judgment be made a lien, that the same be foreclosed, and that the Scenic Company be compelled to show its interest and be bound by the judgment. The petition also contained an averment that the lease to the Scenic Company was “a pretended lease,” and another to the effect that the said capital stock was to be of the value of twenty-five thousand dollars, and still others questioning that defendant’s stock was full paid and non-assessable as contemplated in the contract.

The trust company filed a separate answer admitting the contract, that plaintiff entered upon its performance, the filing-of the lien paper, that the railroad company entered into possession and began operating the railroad, the deposit of the mortgage deed, bonds and stock certificate with it, and that the railroad company had notified it not to deliver the stock-to the plaintiff; but it. denied that it had refused such delivery and averred it was now willing to deliver, and had no knowledge or information sufficient to form a belief, and, therefore, could neither-admit nor deny that the stock was to be of the value of twenty-five thousand dollars. After admitting some and denying other allegations not material here, the answer pleaded matter intended to defeat any preference of plaintiff’s lien over the mortgage indebtedness, and immaterial matter relating to the bonus. The bonds having gone into circulation, the life of this answer was the protection of said [256]*256mortgage indebtedness from any preference in favor of plaintiff for the unpaid contract price; and: issue was joined by a reply.

Thereafter the Scenic Company filed its separate answer, directing itself in the first instance, to the allegation that it held under “a

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Bluebook (online)
104 S.W. 5, 205 Mo. 248, 1907 Mo. LEXIS 114, Counsel Stack Legal Research, https://law.counselstack.com/opinion/baumhoff-v-st-louis-kirkwood-railroad-mo-1907.