Dessalles v. Tichenor

179 So. 25, 189 La. 31, 1938 La. LEXIS 1150
CourtSupreme Court of Louisiana
DecidedJanuary 10, 1938
DocketNo. 34249.
StatusPublished
Cited by1 cases

This text of 179 So. 25 (Dessalles v. Tichenor) is published on Counsel Stack Legal Research, covering Supreme Court of Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Dessalles v. Tichenor, 179 So. 25, 189 La. 31, 1938 La. LEXIS 1150 (La. 1938).

Opinion

LAND, Justice.

For many years, the defendant, Rolla A. Tichenor, Sr., had been the attorney and business advisor of plaintiff, and, during that time, had advanced him various sums of money in his purchase of real estate in the city of New Orleans, and for other purposes.

Defendant was counsel for plaintiff in •connection with a certain trade or exchange of properties, and the assumption of reciprocal mortgages in connection therewith, between plaintiff and -Sol Weiss, both residents of the city of New Orleans.

By the terms of this contract, plaintiff sold to Sol Weiss a certain piece of improved property at the corner of Tulane avenue and Franklin street, in the city of New Orleans, Weiss assuming the outstanding mortgage on th^ property as part of the purchase price.

On the other hand, Weiss transferred to plaintiff a number of vacant lots, plaintiff assuming the mortgage due the Conservative Homestead Association by Weiss, as part of the «consideration and purchase price.

There remained a deficit in the purchase price payable by Weiss for the Tulane avenue and Franklin street property of $6,400, and Weiss executed a second mortgage on the property for that amount, represented by three mortgage notes for $1,000, $2,000, and $3,400, maturing one, two, and three years after date.

The acts of sale and assumption by Dessalles to • Weiss, and by Weiss to Dessalles, were executed before Frank Stich, notary public, on September 30, 1930. On the same date, and at the same time, the second mortgage was executed by Weiss before Rolla A. Tichenor, Jr., notary public.

The three second mortgage notes, aggregating $6,40Q, were then delivered to Rolla A. Tichenor, Sr., defendant herein, as attorney for Samuel J; Dessalles, plaintiff. At the same time, Sol Weiss issued two checks, aggregating- $3,981.48, payable *35 to Samuel J. Dessalles as part of the cash consideration of said transaction^ which were then delivered to Rolla A. Tichenor, Sr., and, after having been indorsed to the payee, Samuel J. Dessalles, were deposited into the bank account of Rolla A. Tichenor, Jr., the s.on and legal associate of defendant.

Plaintiff alleges that the three second mortgage notes executed by Sol Weiss were retained by defendant, Rolla A. Tichenor, Sr., for collection, and that, except for payment of real estate agent’s commission due by plaintiff incidentally to said transaction, defendant also retained the proceeds of said checks.

Plaintiff also alleges that Sol Weiss paid to defendant on September 30, 1931, the first mortgage note of $1,000, together with interest, and interest upon the two succeeding notes, together with attorneys’ fees, aggregating $1,599.21.

Plaintiff alleges that, in the settlement of accounts with defendant, defendant has been overpaid t-he sum of $936.57, for which- plaintiff prays for judgment.

Plaintiff also prays to be decreed to be the owner of the two remaining mortgage notes, one for $2,000 and the other for $3,400, and alleges “if notes have been disposed of or surrendered by said „ Tichenor, then and in that event, that petitioner be decreed to be the owner of a certain compromise note received by said Tichenor from said Weiss, in the principal sum of Twenty seven Hundred and No/100 ($2,700.00) Dollars, dated April 21, 1933, payable in monthly installments of Eighty-five and No/100 ($85.00) Dollars, each bearing eight per cent (8%) per annum interest from the respective maturities of said installments, which note is attached to suit No. 209,149, of the Docket of this Honorable Court, entitled 'Rolla A. Tichenor, Sr., v. Sol Weiss.’ ”

On May 18, 1932, Sol Weiss'instituted suit No. 197,304 of the docket of the civil district court for the parish of Orleans against Samuel J. Dessalles, plaintiff herein, to have the transaction in which these mortgage notes were given annulled and set aside, as well as the mortgages on the property. R. A. Tichenor, Sr., defendant herein, intervened in the suit and opposed the cancellation of the mortgage securing the payment of these notes, on the ground that he, Tichenor, was the owner of the notes, having acquired them for value and before maturity, by virtue of an assignment from plaintiff of date September 29, 1931.

There was judgment decreeing the nullity of the transaction between Weiss and Dessalles, and of the notes and mortgages therein given in so far as Dessalles was concerned, but without prejudice to the rights of intervener, Tichenor, now defendant in this case.

On October 3, 1932, Tichenor, defendant herein, filed suit No. 199-198 in 'the civil district court against Sol Weiss, the maker of these mortgage notes, and in October of the same year, Weiss brought suit against Tichenor, No. 199,179 in the same court, alleging, in substance, that Tichenor was not the owner of these notes, *37 but that Dessalles was the owner of same, and that therefore his obligation thereon was canceled by the judgment rendered in the suit entitled Weiss v. Dessalles, referred to above.

The above suits were compromised by Weiss’ giving his unsecured note, payable to Tichenor, in the sum of $2,700, in monthly installments, as alleged in plaintiff’s petition.

In October, 1934, Weiss having defaulted in his monthly installments on this note, Tichenor brought suit No. 209,-149 in the civil district court, entitled “Rolla A. Tichenor, Sr. v. Sol Weiss,” and obtained judgment in his favor and against Weiss, in the sum of $1,510, with interest and attorney’s fees, based upon the note for $2,700, which Tichenor had sued upon, as holder and owner. This amount is also included in the accounting sued for in the present suit which was filed in the civil district court November 21, 1935.

(1) Plaintiff cannot recover the second and third mortgage notes in this case for the plain reason that these notes were surrendered by defendant to Weiss, in lieu of the compromise note of W.eiss for $2,700. Nor can plaintiff recover the latter note for the further reason that, by praying for its recovery,' in the alternative, plaintiff has ratified the compromise. Besides, the compromise note has been sued on by defendant and has been merged into a final judgment. Even if defendant so desired, he could not restore this note to plaintiff.

There is still a stronger reason why plaintiff cannot recover any of these notes, or any of the amounts paid upon them to the defendant.

By the assignment of September 29, 1931, Dessalles, plaintiff, transferred to Tichenor, defendant, the three second mortgage notes, aggregating $6,400, dated September 30, 1930. These notes were held by Tichenpr in pledge to secure a debt due by Dessalles to Tichenor, amounting in principal and interest to $5,978.64, and by assignment were given in payment and discharge of the debt.

The act of assignment reads as follows:

“State .of Louisiana, Parish of Orleans, City of New Orleans
“Be it known that on this 29th day of September 1931, that I Samuel J. Dessalles, the owner of Three certain promissory notes dated Sept.

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Bluebook (online)
179 So. 25, 189 La. 31, 1938 La. LEXIS 1150, Counsel Stack Legal Research, https://law.counselstack.com/opinion/dessalles-v-tichenor-la-1938.