Boswell v. First National Bank of Laramie

92 P. 624, 16 Wyo. 161, 1907 Wyo. LEXIS 45
Wyoming Supreme Court·Decided December 7, 1907·Published·Cited by 35 cases

Opinions

Pottrr, Chirk Justicr.

This is a replevin action brought by the First National Bank of Raramie, to recover possession of fifty head of neat cattle. Upon the giving of an undertaking for that purpose as provided by statute, the property was re-delivered to the defendant below, plaintiff in error here, by the officer who executed the writ. The plaintiff below claimed to be entitled to the possession of the property by virtue of an alleged special ownership under two chattel mortgages purporting to have been executed to the plaintiff by Thomas Bird, William J. Bird and Julia A. Bird, co-partners doing-business under the firm name of Bird Brothers. The defendant below was in possession, claiming the property under a sale by the sheriff acting as receiver of the property and effects of Bird Bx-others in a proceeding in aid of execution instituted by a creditor of that firm subsequent to the execution and recording of plaintiff’s mortgages.

[179] The court instructed the jury that upon the evidence the plaintiff was entitled to recover the value of the property at the date of the commencement of the action, together with interest from that date at eight per cent per annum. The jury returned a verdict for the plaintiff, assessing its damages at the sum of $1,830. Judgment was rendered upon the verdict to the effect that the plaintiff have and recover from the defendant the said sum, with costs of suit. The defendant brought the case here on error. The other material facts will be referred to in discussing the points involved in a disposition of the case.

1. In the first place it is contended that the mortgages held by plaintiff were not properly executed to create a lien upon partnership property. That contention is based upon the fact that the names of two of the partners, Julia A. Bird and William J. Bird, were signed to the mortgages by Thomas Bird, the other' partner, as their attorney in fact. It is urged that this is not a compliance with the statute declaring it to be necessary for each and every member of a co-partnership to execute and acknowledge an instrument intended to operate as a chattel mortgage for and on behalf of the partnership. (R. S. 1899, Sec. 2808.) But we think that position cannot be sustained. Construing the statute referred to, it has been held essential to a valid chattel mortgage of partnership property that each partner should sign it. (Lellman v. Mills, 87 Pac., 985; Thomas et al. v. Schmitz, 87 Pac., 996; Ridgely v. Bank, 75 Fed., 808.) The plaintiff introduced in connection with the mortgages a power of attorney antedating them purporting to be executed by Julia A. Bird and William J. Bird, in substance and effect expressly authorizing'their co-partner, Thomas Bird, as their true and lawful attorney, for them respectively and in their respective names, to'mortgage any and all chattel property belonging to the partnership of Bird Brothers, to secure any and all indebtedness of said partnership or the members thereof, then or théreafter existing, and for such purposes to make, execute and acknowledge in [180] their names or otherwise any' and all such conveyance or mortgage as may be needful or proper; and, by such written power, said Thomas Bird was expressly granted full power and authority to do and perform all and every act and thing requisite and necessary in the premises, as fully, to all intents and purposes, as the persons executing the same could do if personally present. Certain objections were interposed to the power of attorney which are to be considered, but for the purpose of the present question its proper execution and competency as evidence may be assumed. If it was not properly executed, or if for any other reason it was improperly admitted in evidence, then there would be no authority shown for the signing by Thomas Bird of the names of his co-partners, and his signature alone with that of the firm name signed by him would be insufficient to render the mortgages valid as liens upon the partnership property. But there is nothing in the statute nor any peculiar feature of the partnership relation, which prevents a partner, if under no legal disability, from appointing another, by means of a' duly executed power of attorney, to act for him and in his name in the execution and acknowledgment of a partnership chattel mortgage, and we perceive no reason why the agent or attorney so appointed may not be a co-partner. The execution of the instrument by the attorney under such a power is to be regarded 'as the act of the principal, as much so .as though he had been personally present and had signed by his own hand. Indeed, in Thomas & Schmitz v. Schmitz, supra, we took occasion to say that we suppose^ oiie partner might by a properly executed power of attorney authorize a co-partner as well as another person to sign his name to a chattel mortgage of partnership property and acknowledge it for him.

2. Error is assigned upon the court’s refusal 'to permit proof on the part of defendant that the notary public who took the acknowledgment to each of the mortgages was at the time of taking the same a stockholder of the plaintiff bank, the mortgagee. Evidence to that effect was offered [181] for the purpose of showing that the officer was disqualified by reason of interest, which fact it is contended would render the acknowledgment void. A similar offer of proof was made as to the notary who administered and certified to the oaths to certain affidavits which had been filed as provided by law to continue the chattel mortgages in force as against third parties.

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

Boswell v. First National Bank of Laramie, 92 P. 624, 16 Wyo. 161, 1907 Wyo. LEXIS 45 (Wyo. 1907).

92 P. 624 (Boswell v. First National Bank of Laramie) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Williams v. Collins Communications, Inc.
720 P.2d 880 (Wyoming Supreme Court, 1986)
Weyerhaeuser Co. v. Walters
707 P.2d 733 (Wyoming Supreme Court, 1985)
Mills v. Damson Oil Corporation
686 F.2d 1096 (Fifth Circuit, 1982)
Mills v. Damson Oil Corp.
686 F.2d 1096 (Fifth Circuit, 1982)
In re Aerocolor, Inc.
236 F. Supp. 84 (S.D. California, 1964)
Cimoli v. Greyhound Corporation
372 P.2d 170 (Wyoming Supreme Court, 1962)
Parkinson v. Roberts
329 P.2d 823 (Wyoming Supreme Court, 1958)
Deschenes v. Beall, Beall Reeves
154 P.2d 524 (Wyoming Supreme Court, 1945)
Universal Credit Co. v. Wyoming Motor Co.
136 P.2d 512 (Wyoming Supreme Court, 1943)
Stockmen's Nat'l Bank of Casper v. Lukis Candy Co.
33 P.2d 254 (Wyoming Supreme Court, 1934)
Smith v. Jackson State Bank
63 F.2d 934 (Tenth Circuit, 1933)
Wyoming Inv. Co. v. Wax Et Ux.
18 P.2d 919 (Wyoming Supreme Court, 1933)
Chittick v. Thompson Hill Development Corp.
181 N.E. 458 (New York Court of Appeals, 1932)
Lieber v. Watts
139 So. 778 (Louisiana Court of Appeal, 1932)
Lawer Auto Supply Co. v. Teton Auto Co.
284 P. 1001 (Wyoming Supreme Court, 1930)
Finance Corp. v. Commercial Credit Co.
283 P. 1101 (Wyoming Supreme Court, 1930)
McDaniel v. Hoblit
245 P. 295 (Wyoming Supreme Court, 1926)
School Dist. No. 7 v. School District No. 1
236 P. 1029 (Wyoming Supreme Court, 1925)
Hall Oil Co. v. Barquin
237 P. 255 (Wyoming Supreme Court, 1925)