Evans v. City of American Falls

11 P.2d 363, 52 Idaho 7, 1932 Ida. LEXIS 33
CourtIdaho Supreme Court
DecidedApril 25, 1932
DocketNo. 5689.
StatusPublished
Cited by22 cases

This text of 11 P.2d 363 (Evans v. City of American Falls) is published on Counsel Stack Legal Research, covering Idaho Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Evans v. City of American Falls, 11 P.2d 363, 52 Idaho 7, 1932 Ida. LEXIS 33 (Idaho 1932).

Opinion

*10 LEEPER, J. —

This is the most recent of a series of cases which have come before iis involving various phases of liability arising out of certain depository bonds given on behalf of certain banks in Power county, now insolvent. (Power County v. Evans Brothers Land & Livestock Co., 43 Ida. 158, 252 Pac. 182; Power County v. Evans Brothers Land & Livestock Co., 43 Ida. 171, 252 Pac. 185; Independent School District v. Evans Land & Livestock Co., 43 Ida. 173, 252 Pac. 185; City of American Falls v. Evans Land & Livestock Co., 43 Ida. 172, 252 Pac. 185; Evans v. District Court, 47 Ida. 267, 275 Pac. 99; Evans v. District Court, 50 Ida. 60, 293 Pac. 323; Evans v. Power County, 50 Ida. 690, 1 Pac. (2d) 614; Evans v. City of American Falls, 51 Ida. 89, 1 Pac. (2d) 632; Evans v. Humphrey, 51 Ida. 63, 1 Pac. (2d) 626; Evans v. Humphrey, 51 Ida. 268, 5 Pac. (2d) 545.) Por the purposes of this decision it is unnecessary to enter into a detailed discussion of this past litigation, a bare recital of those facts pertinent to the issues of this case being sufficient.

Case No. 1565 was an action instituted in Power County on the sixteenth day of June, 1923, by the City of American Palls, a municipal corporation, against the First National Bank of American Falls, an insolvent bank, D. W. Church, *11 its receiver, L. L. Evans, L. L. Evans, Jr., H. C. Allen, J. T. Fisher and Evans Brothers Land and Livestock Company, a corporation. The action was brought to recover the sum of $17,556, with interest, which had been deposited in the defunct bank, and to have judgment in that amount against the defendants other than the bank and its receiver upon two depository bonds executed by them to secure to the municipality repayment of these deposits.

The larger of these bonds is in the penal sum of $20,000, and these portions of it are pertinent to our inquiry:

“DEPOSITORY BOND.
“Know All Men by These Presents: That the First National Bank of American Falls, Idaho, as principal, and L. L. Evans and J. T. Fisher, H. C. Allen, L. L. Evans Jr., and Evans Brothers Land and Livestock Company, a corporation, as sureties, are held and firmly bound unto the City of American Falls, Idaho, in the sum of twenty Thousand and no/100 dollars ($20,000) for the payment of which well and truly to be made, we bind ourselves, our, and each of our heirs, executors, successors and assigns jointly and severally, as hereinafter provided.
“The amounts hereunder shall be severally held are such amounts, to-wit: >r which the said bondsmen follows, and not to exceed
“L. L. Evans Eleven Thousand Dollars
J. T. Fisher Twenty-Seven Hundred and Fifty Dollars
L. L. Evans, Jr. Eleven Hundred Dollars
II. C. Allen Seven Thousand Dollars
Evans Brothers Land and Livestock Company Fourteen Thousand Dollars.”

The other bond is in the penal sum of $4,000 and similar portions of it are:

“DEPOSITORY BOND.
“Know All Men by These Presents: That the First National Bank of American Falls, Idaho, a banking corporation, *12 of American Falls, County of Power, state of Idaho, as Principal, and L. L. Evans and L. L. Evans, Jr., and H. C. Allen, of the same place, as sureties, are held and firmly bound unto the City of American Falls, State of Idaho, in the following penal sums, to-wit: The said principal, The First National Bank of American Falls, Idaho, in the penal sum of Four Thousand and no/100 Dollars ($4,000), and the said sureties in the following sums, to-wit: The said L. L. Evans in the penal sum of Two Thousand (!$2,000) Dollars; The said L. L. Evans, Jr., in the penal sum of One Thousand ($1,000) Dollars; and the said H. C. Allen in the penal sum of One Thousand ($1,000) Dollars; for the payment of which well and truly to be made, we hereby bind ourselves, our and each of our heirs, executors, administrators and assigns, jointly and severally by these presents.”

The case proceeded to judgment on October 22, 1924, the decree providing, inter alia:

“It is Hereby Ordered, Adjudged and Decreed, That plaintiff, City of American Falls, Idaho, a municipal corporation, do have and recover a joint judgment against the defendants, L. L. Evans, L. L. Evans, Jr., H. C. Allen, J. T. Fisher and Evans Brothers Land and Livestock Company, a corporation, in the sum of $17,556.01, together with interest thereon at the rate of 7 per cent per annum from and after February 9, 1923, to date of this decree, and costs of suit taxed at $-.
“And that said plaintiff do have and recover several judgments against said defendants for the portions of the said joint judgment for which they are each severally liable as follows, to-wit:
“Against defendant L. L. Evans (Sr.) in the sum of $13,000, together with interest thereon at the rate of 7 per cent per annum from and after February 9, 1923, to date of this decree and costs of suit taxed at $-.
“Against L. L. Evans, Jr., in the sum of $2100, together with interest thereon at the rate of 7 per cent per annum from and after February 9, 1923, to date of this decree and costs of suit taxed at $-.
*13 “Against defendant II. C. Allen in the sum of $8,000, together with interest thereon at the rate of 7 per cent per annum from and after February 9, 1923, to date of this decree and costs of suit taxed at $-.
“Against defendant J. T. Fisher in the sum of $2750, together with interest thereon at the rate of 7 per cent per annum from and after February 9, 1923, to date of this decree and costs of suit taxed at $-.
“And against defendant Evans Brothers Land and Livestock Company, a corporation, in the sum of $14,000, together with interest thereon at the rate of 7 per cent per annum from and after February 9, 1923, to date of this decree and costs of suit taxed at $-.” (Italics ours.)

This judgment was affirmed by this court on October 19, 1926, without opinion (43 Ida. 172, 252 Pac. 172), following the opinion in Power County v. Evans, 43 Ida. 158, 252 Pac. 182. Prior to the decision by this court executions had been levied against the property of these defendants in this and ten other companion cases, and on December 17, 1924, a sale was had which is commonly referred to as “the big sale,” at which many tracts of land belonging to various defendants were sold, among them the lands described in this complaint and to which plaintiff seeks to quiet title.

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Bluebook (online)
11 P.2d 363, 52 Idaho 7, 1932 Ida. LEXIS 33, Counsel Stack Legal Research, https://law.counselstack.com/opinion/evans-v-city-of-american-falls-idaho-1932.