Deseret National Bank v. Nuckolls

47 N.W. 202, 30 Neb. 754, 1890 Neb. LEXIS 171
CourtNebraska Supreme Court
DecidedNovember 18, 1890
StatusPublished

This text of 47 N.W. 202 (Deseret National Bank v. Nuckolls) is published on Counsel Stack Legal Research, covering Nebraska Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Deseret National Bank v. Nuckolls, 47 N.W. 202, 30 Neb. 754, 1890 Neb. LEXIS 171 (Neb. 1890).

Opinion

Cobb, Ch. J.

This action is in the nature of a creditor’s bill, brought in the name of the Deseret National Bank, of Salt Lake -City, against Heath Nuckolls and others, in the district •court of Richardson county, in which a decree was rendered for defendant Nuckolls on March 18, 1889, for $993.66, and from which decree the plaintiff appeals to this court.

In the summer of 1879 one S. F. Nuckolls was indebted to the Deseret■ National Bank in the sum of $1,000, and-as security assigned a note made payable to himself by Heath Nuckolls for the sum of $987.87 and accrued inter[755]*755est. S. F. Nuckolls died before the bank’s debt became due, and at the request of his representative the bank proceeded to collect the collateral against Heath Nuckolls, who lived in Otoe county in this state. On June 10,1879, the note was sent to an Omaha bank with instructions to place it in the hands of an attorney for collection. The Omaha bank sent it to the Nebraska City National Bank, which delivered it to S. H. Calhoun, an attorney at law, for suit. On July 29, 1879, Mr. Calhoun wrote the Des•feret National Bank that he had received the note, and had “brought suit against Heath Nuckolls alone.” Preparations were made for trial in December following in the district court of Otoe county, the bank having forwarded to the attorney the United States comptroller’s certificate of its organization as a national bank and of its corporate capacity. On October 8, 1879, the Deseret bank sold the note it held against the estate of S. F. Nuckolls to W. S. McCormick, and wrote to the attorney:

“Salt Lake City, Utah, Oct. 8, 1879.

“S. H. Calhoun, Esq.: I have to-day sold the note of S. F. Nuckolls to W. S. McCormick, of this city, and given him an order on you for the Heath Nuckolls note; he will pay all costs incurred, and, we presume, have his own name substituted in the place of the Deseret National Bank. Please return us the comptroller’s certificate relative to our organization, and oblige, L. S. Hill,

“Cashier.”

The attorney received and answered this letter as' follows:

“Nebraska City, Otoe Co., Neb., Oct. 14, 1879.

“Deseret. National Bank: Yours of October 8 , announcing sale of the note in suit against Heath Nuckolls. duly received. I think suit had better go on in your naipe, and it can be treated as a trust for Mr. McCormick. Depositions will have to be taken before the first Monday [756]*756in December. I also herewith enclose you the comptroller’s certificate of your organization heretofore sent me.

“ S. H. Calhoun.”

No further correspondence appears to have passed between these parties until September 5, 1887, but the attorney continued the suit against the defendant Nuckolls without substituting the name of the assignee and owner of the note as the cestui que trust, and on December 8, 1880, obtained judgment in favor of the bank for the sum of $1,420.23, with interest at ten per cent per annum until paid.

On September 8, 1880, execution issued on the judgment, and on June 6, 1881, and December 28, 1882, alias writs of execution were issued, and not satisfied. On' January 20, 1880, a transcript of the judgment was-filed and indexed in the clerk’s office of the district court of Richardson county. On October 14, 1885, a transcript of the issuance of executions was filed in the same office in Richardson county.

On December 13, 1884, one Albert Harmon, holding a tax lien on certain real estate owned by Heath Nuckolls in Otoe county, entered foreclosure proceedings in the district court of that county, making the Nebraska City National Bank, Lewis Dunn, and the Deseret National Bank defendants, as holding liens against the property. Mesne process was not served on the last named defendant. On April' 6, 1885, the attorney, Mr. Calhoun, filed the answer of the Deseret bank, setting up that the-judgment of December 19, 1879, was unpaid, and was a valid subsisting lien on the land described to the exclusion and precedence of all others.”

On April 7, 1885, a decree of foreclosure was taken in Harmon’s case, directing the sale of the land to pay the liens of the parties, that of the Deseret bank being adjudged third in order of priority, amounting to $2,234.49, bearing interest at ten per cent per annum.

[757]*757On August 1, 1885, the land was sold for $1,250. The sale was confirmed, and after discharging the two prior liens and the costs, $798.06 were paid to the attorney, Mr. Calhoun, by the clerk of the district court on October 1, 1885, ‘'as the attorney for the Deseret National Bank.”

On May 20, 1886, Mr. Calhoun brought the present action in the name of the Deseret National Bank against Heath Nuckolls, Robert Plawke, Isham Reavis, William E. Nuckolls, Rupert Nuckolls, Bruce Nuckolls, Paul Nuckolls, and Allen Eowler, executor of S. F. Nuckolls, deceased, as debtors of Heath Nuckolls, or as being in possession of equitable assets of which he was entitled to the possession and the proceeds. The plaintiff’s petition sets up the rendition of the judgment of December 8,1880, and the subsequent proceedings thereunder1, and was in fact a creditor’s bill against the appellee in the case to enforce the satisfaction of the judgment debt in favor'of the Deseret National Bank.

On January 4, 1888, the defendant Heath Nuckolls answered by his cross-petition and counter-claim, setting up that the plaintiff, on December 8, 1879, recovered a judgment in the district court of Otoe county for the sum of $1,423.23 and $12 costs, which remains but partially satisfied; that a transcript thereof has been filed in the clerk’s office of the district court of Richardson county, and that this suit is based thereon. He also admits the allegations of the petition in the suit of Greever and others; and further answering, by way of cross-petition, the defendant alleges that, after the rendition of said judgment, he entered into an agreement with one Allen Fowler, as the executor of S. F. Nuckolls, deceased, whereby certain litigation then pending in the district court of Otoe county, between this defendant and Fowler, as executor, and certain other matters in difference between defendant and said executor should be settled and amicably arranged, by virtue of which said executor agreed to assume and pay off the [758]*758said judgment against this defendant in favor of the Deseret bank; that such agreement was made long prior to the issuing of any execution on said judgment as mentioned in the petition, and this defendant further alleges that the said Allen Fowler, as. executor, fairly and fully carried out the provisions of the agreement entered into; that on November 21, 1881, said Fowler paid to the holder'and owner of the judgment at Salt Lake City the sum of $1,698.02, the full amount of the judgment with interest,, but not including any amount collected on execution prior thereto, as alleged in the petition herein, but the whole amount of the judgment and interest was considered as due, owing, and payable; that on December 15, 1884, one A. M.

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Cite This Page — Counsel Stack

Bluebook (online)
47 N.W. 202, 30 Neb. 754, 1890 Neb. LEXIS 171, Counsel Stack Legal Research, https://law.counselstack.com/opinion/deseret-national-bank-v-nuckolls-neb-1890.