Danciger v. Isaacs

1921 OK 144, 200 P. 164, 82 Okla. 263, 1921 Okla. LEXIS 264
CourtSupreme Court of Oklahoma
DecidedApril 19, 1921
Docket10084
StatusPublished
Cited by20 cases

This text of 1921 OK 144 (Danciger v. Isaacs) 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
Danciger v. Isaacs, 1921 OK 144, 200 P. 164, 82 Okla. 263, 1921 Okla. LEXIS 264 (Okla. 1921).

Opinion

JOHNSON, J.

This is an appeal by Dan Danciger, plaintiff in error, defendant below, who, for convenience, will be referred to as the defendant, from a judgment obtained against him upon a verdict of the jury in favor of Moe A. Isaacs, defendant in error, who, for convenience, will hereafter be referred to as the plaintiff.

The suit was an action for the conversion ■ of an undivided one-third interest in the following property: 420 shares of stock of the Oklahoma Star Oil Company, notes* aggregating $350, and $400 in cash. A demurrer to the petition was overruled; the defendant then answered, to which plaintiff replied, and the case was tried before a jury, which returned a verdict in favor of the plaintiff and fixed the amount of his recovery at $1,335, and interest at 6 per cent.

The petition filed by the plaintiff, omitting the formal parts, is as follows:

“And for cause of action against the defendant, plaintiff alleges and shows- that on or about the — day of August, 1916, plaintiff was in need of a loan of fifteen thousand dollars and at said time plaintiff was holder of two thousand nine hundred and sixty-five shares of the capital stock of the Oklahoma Star Oil Company, par value, twenty-nine thousand six hundred and fifty dollars, and- twelve thousand four hundred and ninety-nine shares of- capital stock of *264 the Nemo Oil Company of the par value of twelve thousand, four hundred and ninety-nine dollars. That said defendant, Dan Dan-ciger, and one 1. J. Ringolsky, agreed with plaintiff to secure for him a loan of fifteen thousand dollars from one George E. Ricker and as security for said loan plaintiff was to transfer and deposit to the said George E. Ricker all of said above mentioned shares of stock as security, and it was further agreed that this plaintiff was to execute his promissory note payable to the said George E. Ricker in the amount of said loan, and that the said I. J. Ringolsky and Dan Danciger were to become in-dorsers, and as consideration to the said Dan Danciger and I. J. Ringolsky for procuring said loan and endorsing same, it. was agreed that plaintiff was to sell sufficient of the Oklahoma Star Oil Company stock to retire said indebtedness, and after said indebtedness was fully p^id by said plaintiff, that all of the remaining shares of the stock of the Oklahoma Star Oil Company, together with any and all profits arising from the sale of the same, should be equally divided between the three parties, all of which aforesaid agreement was in parol; that in pursuance of said agreement said loan of fifteen thousand dollars was procured from the said George E. Ricker, all of the said above mentioned shares of stock was deposited with him as security and the note in evidence of said indebtedness was duly executed by this plaintiff and indorsed by the said Dan Danciger and I. J. Ringol-sky, and that immediately after the procuring of said loan this plaintiff begun the work of endeavoring to sell Oklahoma Star Oil Company stock and continued at such work in Kansas City, Missouri, for a period of forty days, paying all of his own expenses, aggregating the sum of five hundred dollars, and during such period sold enough of said stock to pay on said note the sum of seven thousand five hundred dollars. This plaintiff, realizing that he could not sell more of said stock, procured a loan and paid off the balance of said loan and took down from George E. Ricker all of the remaining stock formerly .pledged with him.
“Plaintiff further shows that there were four hundred and twenty shares of the Oklahoma Star Oil Company stock remaining in the hands of the said George E. Ricker and taken down by this plaintiff when said loan was fully paid and also notes aggregating three hundred and fifty dollars taken in payment of the stock of Oklahoma Star Oil Company sold by plaintiff, and four hundred dollars in cash realized from the sale of such stock. That by the terms of the agreement between the parties each of them was the owner of a one-third interest in the said four hundred and twenty shares of stock, three hundred and fifty dollars of notes and the four hundred dollars in cash, and that in pursuance of such agreement, plaintiff delivered said property to the said I. X Ringolsky for division, and the said I. J. Ringolsky took one-third of the amount and the said ■ defendant, Dan Danciger, wrongfully and without right took all of the balance of said property and converted same to his own use and has refused to deliver the one-third belonging to the plaintiff, to him.
“Plaintiff further shows that at. the time of such conversion on the part of said defendant, that one-third of said four hundred and twenty shares of stock were of the value of fourteen hundred dollars, and that the value of one-third of such notes was one hundred and sixteen dollars, and that one-third of the four hundred dollars in cash is one hundred and thirty-three dollars!
“Wherefore, plaintiff prays judgment against defendant, Dan Danciger, in the sum of one thousand six hundred and forty-nine dollars, for costs of this suit, and for such other and further relief as may be equitable and just.”

The defendant demurred to the petition, which demurrer was overruled, and the defendant answered by general denial, and pleaded as a defense, settlement between the parties, in which allegation the defendant alleged that a full and complete settlement was made with the plaintiff, and that fie accepted such settlement in full satisfaction of all his rights under and by virtue of the transaction and contract alleged, to which answer the plaintiff filed a reply consisting of a general denial, and upon the issues thus joined the case was submitted to the jury, and the trial resulted as here-inbefore stated.

The defendant makes numerous specifications of error, which were summarized and argued in the brief of counsel as follows:

“It is the contention of the defendant (plaintiff in error). that no judgment could properly be rendered against him under the pleadings or the evidence, and that the verdict and judgment are clearly contrary to law. This contention will cover the errors assigned in (1) overruling the demurrer to the petition; (2) overruling the demurrer to the evidence of the plaintiff; (3) refusal to request a verdict for the defendant, and (4) the refusal to give instruction No. 1, requested by the defendant. These errors will be grouped together and discussed under the one proposition. It is also the contention of the defendant that the court erred in refusing to give instruction Ño. 2; that it erred in giving instructions Nos. 5, 8, 9, and 10. Each of these instructions will be considered separately. The defendant also contends that the court ■erred in refusing to grant his motion for a new trial, not only on the grounds above set forth, but on the grounds of newly discovered evidence, and this matter will be considered separately.”

The defendant’s first specification of error, that the court erred in overruling the *265 defendant’s demurrer to the petition, is without merit, as it is obvious from the plaintiffs petition that the same stated a cause of action in conversion against the defendant.

The defendant urges in support of this assignment thai the petition fails to allege that any demand was made before suit for the- return of the property alleged to have been converted.

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Cite This Page — Counsel Stack

Bluebook (online)
1921 OK 144, 200 P. 164, 82 Okla. 263, 1921 Okla. LEXIS 264, Counsel Stack Legal Research, https://law.counselstack.com/opinion/danciger-v-isaacs-okla-1921.