Cook v. First Nat. Bank of Duncan

1925 OK 391, 236 P. 883, 110 Okla. 111, 1925 Okla. LEXIS 781
CourtSupreme Court of Oklahoma
DecidedMay 19, 1925
Docket14813
StatusPublished
Cited by13 cases

This text of 1925 OK 391 (Cook v. First Nat. Bank of Duncan) is published on Counsel Stack Legal Research, covering Supreme Court of Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cook v. First Nat. Bank of Duncan, 1925 OK 391, 236 P. 883, 110 Okla. 111, 1925 Okla. LEXIS 781 (Okla. 1925).

Opinion

Opinion by

RUTH, C.

The plaintiff, Cook, on April 3, 1922, filed his petition in the district court of Stephens county against E. H. Rynes in which he alleged Rynes detains from plaintiff one rotary oil drilling rig and accessories, of the value of $4,000. Plaintiff filed his affidavit in replevin and his replevin bond. No redelivery bond was filed, and the property was delivered to plaintiff. On April 16, 1923, Joe AValsmith, Am&r-ian Tank Company, Parsons & Gant, a partnership, and the First National Bank of Duncan filed their motion to be substituted as defendants, claiming judgment liens and that they were judgment creditors of .the United ■States Oil Corporation, and the property claimed by the plaintiff was taken by E. H. Rynes, as sheriff, on execution; that their liens were superior to the lien of the plaintiff, and the property had been, by the court, ordered sold to- satisfy said judgments. After substitution made, the cause was tried to a jury and a verdict returned for the substituted defendants, for the return of the property, or its value, fixed at $5,500, and from the judgment entered thereon, plaintiffi appeals.

At the trial of the cause plaintiff introduced in evidence a chattel mortgage executed by the United States Oil Corporation on July 2, 1921, wherein the United States Oil Corporation mortgaged to Thomas Oodk one National rotary rig and all drilling equipment now located on section 24, of twp. 1 N., R. 9 AAr., in Stephens county, Okla., to secure the payment of the sum of $4,600. This mortgage was executed in Tulsa county, *112 Okla., and filed for record on July 19, 1921, in Stephens county, Okla. After proper identification of the property, plaintiff rested, and defendants demurred to the evidence and the demurrer was overruled.

It was stipulated that in cause No. 3494 in the district court of Stephens county, .entitled First Nat. Bank of Duncan v. U. S. Oil Corporation, the petition, was filed June 27, 1921, and on the same date an attachment affidavit was- filed, attachment order issued, and levied upon this identical property. The property was duly appraised and the following inventory and appraisement returned :

One rotary rig, 86 feet high and valued-$ 500.00
One complete rotary rig on.the Ple-mons farm in sec. 24, twp. 1 N„ It.
9 W., value_2,000.00
Subject to prior attachment in case 3492 in district court, Stephens county, Okla.
Total appraised value-$7,500.00

(How the appraisers arrived at the total appraised value of $7,500 is not disclosed by the record.)

Alias summons was i'.-sued in the case of the First National Bank v. United States Oil Corporation, and returned showing service upon the Secretary of State of the state of Oklahoma, notwithstanding the Oil Corporation of Delaware had on December 21, 1920, appointed J. T. Dickerson, of Oklahoma county, as its agent, duly authorized to accept service of process on behalf of the United States Oil Corporation. It was. further stipulated that the c ommission of J. T. Dickerson was not admitted for the purpose of showing his home was in Oklahoma City, but it was agreed that his home was in Edmond, Oklahoma county, Okla., and his business office was in Oklahoma City at all times mentioned in the suit.

On November 18, 1921, the Uidted States Oil Corporation, having failed to appear, judgment was entered against it in favor of the bank in the sum of $1,990.02, and the American Tank Company having' intervened, claiming a lien on two 250 barrel wood tanks, judgment was entered for the inter-veners in the sum of $550. The attachment was sustained and the property ordered sold and the proceeds applied: (1) To the payment of a lien of Joe Walsmith in civil case No. 3593. (2) To payment of the judgment lien of the American Tank Company. (3) To the payment of the judgment lien of Parsons and Gant. (4) To the payment of the judgment lien of the First National Bank of Duncan.

On February 21, 1922, the defendant U. S. Oil Corporation filed its motion to vacate the judgment of the bank for want of jurisdiction of the court over the person of the defendant, for that no summons haa been served on the defendant as required by law. The court overruled the motion to vacate the judgment, and the defendant did not appeal therefrom. It was further stipulated that service of process in tine other cases was had in the same manner, to wit, on the Secretary of State. At the conclusion of the evidence, the court instructed the jury to find for the defendants, and against the plaintiff, for possession of the property, and further instructed them that the only question submitted to them was the value of the property at the time Cook, tb'e plaintiff in this action, took possession of the same.

To establish the value of the property, defendants called one Harry Paramore, who testified that he had been handling leases and royalties for two years, that he knew this property, and “thinks” he knows its value. “He knows what the other fellow gave for it.”

“Q. Do you know the market value? A. I think I do. Q. How do you arrive at the price? A. I know what people give for them.”

Witness testified that the property eonsi.-t-ed of a rotary rig; some tanks and other machinery, “rather junky stuff.” Witness did not know what National rigs were selling for; “thinks” this one is complete, “unless he overlooked something.” That drilling rigs may be worth $5,000 or $500, depending on what makes it up. Witness could not mention what constitutes a drilling rig; did not know how many drill stems there were, or their value: knew there were two boilers, one new and one old, but does not know the make of the new one or its value, or the value of the 4-inch drill stem of the draw works. I-Ie testified there were two pumps, but does not know their makes, or their value when new, or when in the condition when he checked them up. Witness was further permitted to testify that he had a man who was going to bid the rig in at the sheriff’s sale for $5,500.

T. J. Waller, called for defendants, was' permitted to testify, that during his life he had bought one oil rig, but never bad any interest in any other, and upon this ocatement he was permitted to qualify as an expert, but his testimony does not go to the proper measure of damages, as he only tes- *113 tiiied that he was ready to bid on the rig and would have paid $500 for it.

Plaintiff assigns as error the admission of th¡e affidavit of replevin, but the contention cannot be sustained, as the affidavit in replevin is competent evidence against the plaintiff as to the value of the property in a suit in replevin. American Box Ball Co. v. Wood, 50 Okla. 242, 150 Pac. 1047. The plaintiff in his affidavit placed the value of the property at $4,000 and the admission of the affidavit was not error.

To the testimony of Paramore and Waller, the plaintiff made timely objection and saved exceptions, upon the ground that neither of the witnesses was qualified; they were not experts and were not competent to testify and establish the value of the property.

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Cite This Page — Counsel Stack

Bluebook (online)
1925 OK 391, 236 P. 883, 110 Okla. 111, 1925 Okla. LEXIS 781, Counsel Stack Legal Research, https://law.counselstack.com/opinion/cook-v-first-nat-bank-of-duncan-okla-1925.