Fine v. City Five Cents Savings Bank

6 Mass. App. Div. 198

This text of 6 Mass. App. Div. 198 (Fine v. City Five Cents Savings Bank) is published on Counsel Stack Legal Research, covering Massachusetts District Court, Appellate Division primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Fine v. City Five Cents Savings Bank, 6 Mass. App. Div. 198 (Mass. Ct. App. 1941).

Opinion

Pettt-ngell, A. P. J.

Action of contract to recover a deposit in the defendant bank standing in the name of the plaintiff. The declaration is in two counts, the first, for money had and received, and the second, alleging that the plaintiff has thirty-eight hundred dollars on deposit with the defendant which it has refused to pay the plaintiff on demand.

The answer is a general denial and an allegation that the defendant had applied two thousand and twenty-three and [199]*199twenty-two hundredths dollars (2023.22) of the deposit of the said plaintiff in payment of a mortgage note, leaving a balance of seventeen hundred seventy-six and seventy-eight hundredths dollars ($1776.78).

There was evidence that the plaintiff and a co-maker executed and delivered to the defendant in 1913 a promissory note for Twenty-one hundred dollars ($2100), payable on demand, secured by a mortgage of real estate; that in April, 1920, the plaintiff and the co-maker sold the real estate, described in the mortgage, to a third party who endorsed on the note a guaranty and a promise to pay; that from that time on the third party paid the interest on the note; that in 1940, the defendant’s Board of Investment empowered its officers to collect the amount due on the note by foreclosure or otherwise; that at that time there was no interest due on the mortgage; that no demand for payment of the note was made upon the plaintiff and the other co-maker or upon the guarantor; that at that time the market value of the real estate described in the mortgage was between eight hundred dollars ($800) and one thousand dollars ($1000); that on April 17, 1940, the defendant bank wrote the plaintiff that it had on that day applied two thousand twenty-three and twenty-two hundredths dollars ($2023.22) of his deposit to the payment of the amount due on the note; that the plaintiff at no time had any knowledge that the defendant intended so to apply money from his deposit and at no time consented to such application; that on June 5, 1940, the plaintiff and his attorney went to the defendant bank and presented the deposit book with a .written order in proper form, signed by the plaintiff, and directing the payment to the plaintiff of the amount due on the deposit; that payment was refused.

[200]*200. The. plaintiff filed nineteen requests for rulings, the disposition of which will be considered later. The defendant filed four requests for rulings of which two were given and two were denied. There was a finding for the plaintiff in the amount of eighteen hundred and sixty-three and forty-four hundredths dollars, ($1863.44), the balance remaining after the extinguishment of the note by the use of the deposit. The report contains all the evidence material to the questions reported.

The plaintiff’s main contentions are three in number.

1. That to maintain his claim in set-off the defendant must file a declaration in set-off.
2. That a mutual savings bank does not have a right of set-off against its depositors.
3. The defendant bank had no right of set-off against the plaintiff’s deposit.

The defendant’s answers to the plaintiff’s contentions are that it does not now claim a set-off, having applied the plaintiff’s money before this action was brought, and that its answer is an equitable defense, setting up its justification for so applying it; that a mutual savings bank has a right of set-off because by statute the depositor is given such a right and that therefore the bank has a similar right; that in setting-off the plaintiff’s deposit against the note executed by the plaintiff and a co-maker, the defendant was acting within its rights.

The trial judge granted the plaintiff’s ninth request to the effect “That upon all the evidence the defendant is a mutual savings bank”. In his findings of fact the trial judge found that the plaintiff was a “co-maker” of the promissory note against which the defendant set-off the [201]*201plaintiff’s deposit; we understand this to mean that..the plaintiff’s liability on the note was .joint and not joint and several. The note was present at the oral argument and in answer to a question by the court, counsel for both parties agreed that the note is joint and not joint and several.

The right of set-off is not a common law right but is a statutory provision. It is not a defense to an action but is the “assertion of a counter, distinct, and independent demand and cause of action, affording, to the extent to which it is sustained, a legal reason why the defendant should not be called upon to pay the demand sued.” Fiske v. Steele, 152 Mass. 260, at 261.

From the very early days, however, the statute has always provided (See G. L. (Ter. Ed.) C. 232, Section 3), that a claim to be set off against the plaintiff’s demand must be one which is mutual in its nature, that if there are one or more plaintiffs or defendants, a claim to be set off must be one which concerns all the parties, and no others. As the old cases say, to be capable of set-off the claims must be “due in the same right”.

“If there be several plaintiffs in a suit no demand which is not due from them all can be set off against their claim.” Crittenden v. Alexander, 15 Gray 432. Emerson v. Baylies, 19 Pick 55, at 59, 60. Williams v. Ocean Ins. Co., 2 Met. 303, at 306, 307.

Where two defendants are sued upon a joint and several liability, they cannot set off amounts severally due them from the plaintiff. Barnstable Savings Bank v. Snow, 128 Mass. 512, at 513. McGuinness v. Kyle, 208 Mass. 443, at 445. Bachrach v. Commissioner of Banks, 239 Mass. 272, at 274, 275.

[202]*202In an action where a plaintiff sues two jointly, a several claim of- one defendant against the plaintiff is not a proper subject of set-off. Walker v. Leighton, 11 Mass. 140, at 142. Fuller v. Wright, 18 Pick. 403, at 406. Warren v. Wells, 1 Met. 80 at 81. Brooks v. Stackpole, 168 Mass. 537, at 538. Simmons v. Shaw, 172 Mass. 516, at 517. Plymouth County Trust Co. v. Thornell, 291 Mass. 189, at 190.

If one defendant is sued alone, a claim which the defendant has against the plaintiff and another, jointly, is not a good set-off. Dehon v. Stetson, 9 Met. 341, at 344. Reed v. Whitney, 7 Gray 533 at 535. Bridgham v. Tileston, 5 Allen 371, at 372. McLauthlin v. Smith, 176 Mass. 46, at 47.

The distinction running through all the cases is that only those claims are entitled to set-off in which all the parties are in court and all the several rights are concluded. Mutuality is such a necessary element that a defendant who owns all the capital stock of a corporation cannot, as a defendant, set off against his personal liability a debt due the corporation. Bachrach v. Commissioner of Banks, 239 Mass. 272, at 274. Bates v. Cosmopolitan Trust Co., 240 Mass. 162, at 167. Commonwealth Trust Co. v. S. Vorenberg Co., 245 Mass. 317, at 319.

In the case at bar, the defendant seeks to justify its application of the plaintiff’s deposit in payment of the note, of which he is a co-maker, on the ground that it had a right so to apply it. That right is not shown to be a matter of special contract. See McGuinness v. Kyle, 208 Mass. 443, at 445, 446. It is not created by any statute. G. L. (Ter Ed.) C.

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Related

Walker v. Leighton
11 Mass. 140 (Massachusetts Supreme Judicial Court, 1814)
Barnstable Savings Bank v. Snow
128 Mass. 512 (Massachusetts Supreme Judicial Court, 1880)
Fiske v. Steele
25 N.E. 291 (Massachusetts Supreme Judicial Court, 1890)
Brooks v. Stackpole
47 N.E. 419 (Massachusetts Supreme Judicial Court, 1897)
Simmons v. Shaw
52 N.E. 1087 (Massachusetts Supreme Judicial Court, 1899)
McLauthlin v. Smith
57 N.E. 216 (Massachusetts Supreme Judicial Court, 1900)
McGuinness v. Kyle
94 N.E. 700 (Massachusetts Supreme Judicial Court, 1911)
Bachrach v. Commissioner of Banks
239 Mass. 272 (Massachusetts Supreme Judicial Court, 1921)
Bates v. Cosmopolitan Trust Co.
133 N.E. 758 (Massachusetts Supreme Judicial Court, 1921)
Cosmopolitan Trust Co. v. S. Vorenberg Co.
139 N.E. 482 (Massachusetts Supreme Judicial Court, 1923)
Plymouth County Trust Co. v. Thornell
291 Mass. 189 (Massachusetts Supreme Judicial Court, 1935)
Oldham v. Brannon
59 Ky. 302 (Court of Appeals of Kentucky, 1859)
Murray v. Carothers
58 Ky. 71 (Court of Appeals of Kentucky, 1858)

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Bluebook (online)
6 Mass. App. Div. 198, Counsel Stack Legal Research, https://law.counselstack.com/opinion/fine-v-city-five-cents-savings-bank-massdistctapp-1941.