D. M. Osborne & Co. v. Hubbard

11 L.R.A. 833, 25 P. 1021, 20 Or. 318, 1891 Ore. LEXIS 77
Oregon Supreme Court·Decided January 12, 1891·Published·Cited by 4 cases

Opinion

Lord, J.

— The plaintiff brought his action upon the following instrument:

“$90.00. May 12,1884.

“On or before the first day of October, 1884, for value received, I, or we, or either of us, promise to pay to the order D. M. Osborne & Co. the sum of ninety dollars, in U. S. gold coin, at the office of-, in-, with interest in like gold coin [at] ten per cent per annum from September 1st until paid; and in case suit is instituted to collect this note or any portion thereof, I, or we, or either of us, promise to pay with reasonable dollars as attorney’s fees in such suit.

“P. 0. Willow Springs, Or. C. 0. Parker. [Seal.]”

It is alleged “that prior to the delivery of said note to the payee, this plaintiff, the defendant indorsed said note by writing his name across the back thereof, and thereupon said note was delivered to this plaintiff; that said plaintiff is the owner and holder of said note; that said note has not been paid, nor any part thereof; that said C. C. Parker and said defendant have failed and refused to pay the same; that twenty-five dollars is reasonable value of services,” etc. A demurrer was interposed to the effect that no cause of action was stated against the defendant, and sustained; and the plaintiff refusing to proceed, judgment was given for the defendant and his costs, from which this appeal is brought. The contention involved is whether the instrument sued on is a negotiable promissory note, and as such entitled to the special privileges conferred by the law-merchant. In form, the instrument executed is a negotiable promissory note, except that the signature has after it a seal, thus: [Seal.]

It is insisted for the plaintiff that by the affixing of a seal to his signature by the maker of the instrument, its negotiable quality was destroyed and it became a nonnegotiable note; while it is claimed for the defendant that the mere affixing of a seal to the signature does not make it a sealed instrument, unless there is a recognition of the seal in the body of the instrument by some such phrase as “witness my signature and seal,” or “signed and sealed,” [320] for otherwise the door would be thrown open to frauds and forgeries by the facility with which such seals could be superadded —in a word, that the seal annexed is mere surplusage. This is undoubtedly the view taken by the Virginia cases, but which are conceded in Cromwell v. Tate’s Ex. 7 Leigh, 301, 30 Am. Dec. 506, not to be in harmony with the common law, and are largely against the weight of authority. (Anthony v. Harrison, 14 Hun, 198; 1 Dan. Neg. Inst. § 32; 1 Rand. C. Pap. §§70,71.)

In this state, while a seal may be made by a wafer or wax attached to the instrument, it may be also made by a scroll with a pen after the signature to the instrument at the time of its execution and delivery. Nor does it seem that it is necessary that the scroll or seal must be recognized in the body of the instrument. “For,” Archer, J., said, “if he execute and deliver it with the scroll attached, it being considered here as equivalent to the wax or wafer, it is as much his seal as if he had declared it to be so in the body of the instrument. The fact of the clause of attestation not appearing in the usual form of ‘signed, sealed and delivered,’ can in reason make no difference; for the question always is, is this the seal of the obligor? and if he has delivered it with the scroll attached, it is his seal, and must be so considered; for whether an instrument be a specialty, must always be determined by the fact whether the party affixed a seal; not upon the assertion of the obligor in the form of the instrument or by the form of attestation.” (In Brown v. Jordhal, 32 Minn. 137, 50 Am. Rep. 560, the identical question raised here was thus disposed of by C-illeillan, C. J.: “But the appellant contends that merely placing upon an instrument a scroll or device, such as the statute allows as a substitute for a common-law seal, without any recognition of it as a seal in the body of the instrument, does not make it a sealed instrument. * * * Such words in the testimonium clause as ‘witness my hand and seal,’ or ‘sealed with my seal,’ would establish that the scroll or device was used as a seal. No such reference in the body [321] of the instrument was necessary in the. case of a common law seal. (Goddard’s Case, 2 Coke R. 5a, 7 Bac. Abr. (Bouvier’s Ed.) 244.) Nor is there any reason to require it in the case of the statutory substitute, if the instrument anywhere shows clearly that the device, was used • as and intended for a seal. It would be difficult to conceive how the party could express that the device was intended for a seal more clearly than by the word £seal’ placed within and made a part of it. This was an instrument under seal.”

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D. M. Osborne & Co. v. Hubbard, 11 L.R.A. 833, 25 P. 1021, 20 Or. 318, 1891 Ore. LEXIS 77 (Or. 1891).

11 L.R.A. 833 (D. M. Osborne & Co. v. Hubbard) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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