Drew v. Caffall

41 So. 233, 116 La. 990, 1906 La. LEXIS 613
CourtSupreme Court of Louisiana
DecidedMay 21, 1906
DocketNo. 15,932
StatusPublished
Cited by1 cases

This text of 41 So. 233 (Drew v. Caffall) 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
Drew v. Caffall, 41 So. 233, 116 La. 990, 1906 La. LEXIS 613 (La. 1906).

Opinion

Statement of the Case.

NICHOLLS, J.

This suit is brought on the petition of Henry C. Drew, the Elstner Martin Grocery Company, and Willis P. Weber; they setting out that they were judgment creditors of Thomas Lamont as recited in the pleadings. That on December 7, 1902, writs of fi. fa. were issued upon each of said judgments commanding the sheriff to seize and sell property, real and personal rights, and credits of the defendant Lamont to satisfy the respective judgments, interests, and costs. That, under said writs, the sher[992]*992iff, among other property of Lamont, seized, on December 8, 1902, two certain dredge-boats known as the “Gamma” and “Beta,” together with their barges and other appurtenances, and, after legal advertisement, offered the same- for sale. That at the first offering no sale was made for want of a bidder. That on the 21st of February, 1903, they were cried off to John H. Hoffmann; he being the last and highest bidder for the sum of $3,500. That said sale was made on credit of 12 months, and the successful bidder was required to execute his 12 months bond to cover the amount of his bid less cash to cover costs.

That there was paid at or about same time the sum of $349.97 in cash to cover costs, leaving a net balance of $3,153.03 to be distributed among petitioners in proportion to their respective judgments. That, although more than 12 months had elapsed, no part of said sum had been paid, nor had said judgments been in any part satisfied. That, although said boats were cried off to John H. Hoffmann at the price aforesaid, petitioners had since learned that J. H. Hoffmann was acting as agent in the premises of the Citizens’ Bank of Jennings. That said bank had recognized, affirmed, and ratified the acts of the said agent, Hoffmann. That it took possession of said property, made contracts with reference thereto, and repeatedly treated the property as its property acquired at the time and in the manner aforesaid.

That the Citizens’ Bank had been placed in the hands of commissioners appointed and acting under orders of the district court. That they had recently sold the dredge Beta for $1,000 cash. That after the sale of December 21, 1903, Hoffmann is supposed to have given a 12 months bond covering the balance of the amount bid for the boats ($3,150.03); but that petitioners did not know that the bond was ever given to the sheriff, was ever executed. That, if it was, it was never delivered to petitioners or either of them, though petitioner had caused diligent search to be made for such bond in all the' places where there was the least likelihood: that it might be found and that such effort» had all proved unsuccessful. That the Citizens’' Bank represented by said commissioners wa» indebted to them in the sum of $3,150.03,. with legal interest from February 21, 1903,. until paid. That they had a vendor’s lien: against the dredges Beta and Gamma and, their barges, and that they were entitled to-have the said dredges and their barges seized’ and sold to satisfy the balance due on the-purchase price thereof. That said commissioners, having sold the dredge boat Beta,, and having in their hands the sum of $1,000,. being the price received therefor, petitioner» were entitled to a special lien and privilege-on the said proceeds, and were entitled to-an order directing the commissioners to pay-said sum of $1,000 in preference to all other-creditors of' the bank. They prayed for citation upon the commissioners, and that they have judgment against them in the sunt of $3,150.03, with legal interest from February 21,1903, until paid; that their vendor’s-lien and privilege be recognized and rendered: executory; that the commissioners be ordered to pay them the $1,000, being the proceeds off the sale of the dredge-boat Beta by preference over other creditors of the bank; and that they have general relief.

The commissioners excepted that plaintiff» had no cause of action and no right of action against them. In the alternative they pleaded the general issue. They admitted that plaintiffs obtained judgments against Lamont as alleged, and that the dredge-boats Beta and Gamma were sold under 12 months bond to satisfy the execution of their judgments. They admit that Hoffmann purchased same-under said 12 months bond for his own special benefit. They specially denied that Hoffmann ever purchased said dredge-boats [994]*994as cashier of the Citizens’ Bank, or ever gave his 12 months bond as cashier for said purchase, or that he was ever authorized in any manner by said bank to make said purchase on account of said bank, or that said bank ever accepted said purchase on their beh'alf or ever ratified the same.

They specially averred that Hoffmann from the time he made said purchase of the dredge-boats, used and operated the same for about six months for his own special account and appropriated all the revenues therefrom for his own account.

They aver that the plaintiffs are concluded and estopped by their conduct, their declarations, their pleadings, and their judicial acknowledgments and averments, and they cannot now be permitted to assume entirely different and new position for the purpose of profiting thereby and injuring the credit of the bank, which plea of estoppel they specially urged against plaintiffs’ demand.

They alleged that the Citizens’ Bank acquired said dredge boats in good faith in due course of business and for valuable consideration, and that they had the right to dispose of the same for the benefit of the creditors of the bank, and plaintiffs’ only recourse is against Hoffmann individually, and his individual assets.

The district court rendered judgments in favor of the defendants, and plaintiffs appealed.

The plaintiffs’ statement of facts in their brief is as follows:

“This suit is a sequel to the suit of Elstner-Martin Grocery Co., Ltd., et al. v. Lamont (Hoffmann, Intervener) 113 La. 894, 37 South. 868, decided by the Supreme Court in January, 1905.
“In that case, J. H. Hoffmann, intervener, asserted that he was the owner of the dredge boats that had been seized under writs of fieri facias, issued upon judgments recovered by the respective plaintiffs against their common debt- or. Thomas Lamont.
“There was no injunction; Hoffmann contenting himself with a mere third opposition, claiming the proceeds of the sale.
“The judgment of the lower court, after-wards affirmed to this honorable court, was adverse to Hoffmann’s contentions.
“The property under seizure, under the said respective writs of fieri facias, failed to find a bidder upon first offering, and upon the second offering was adjudicated to J. H. Hoffmann at the price of $3,500. lie paid to the sheriff in cash $349.97 covering the costs, leaving balance of $3,150.03, due at 12 months after sale.
“On February 7, 1905, the respective plaintiffs caused execution to issue as upon 12 months bond, and certain property belonging to Hoffmann was seized.
“The property was advertised, but, before sale day, Hoffmann, upon his own petition, was adjudicated a bankrupt, and the seizures fell by operation of law.
“About this time the Citizens’ Bank of Jennings, La., and of which institution Hoffmann had previously been an officer, went into hands of commissioners appointed under orders of the honorable Fifteenth judicial district court for the parish of Calcasieu.

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Bluebook (online)
41 So. 233, 116 La. 990, 1906 La. LEXIS 613, Counsel Stack Legal Research, https://law.counselstack.com/opinion/drew-v-caffall-la-1906.