First National Bank v. Houts

19 S.W. 1080, 85 Tex. 69, 1892 Tex. LEXIS 816
CourtTexas Supreme Court
DecidedMay 26, 1892
DocketNo. 7486.
StatusPublished
Cited by3 cases

This text of 19 S.W. 1080 (First National Bank v. Houts) is published on Counsel Stack Legal Research, covering Texas Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
First National Bank v. Houts, 19 S.W. 1080, 85 Tex. 69, 1892 Tex. LEXIS 816 (Tex. 1892).

Opinion

HENRY, Associate Justice.

This suit was brought by the appellant against F. M. Houts, the appellee, and J. J. Long, upon three promissory notes, one of which was signed by both defendants, and the other two by Houts alone.

The defendant Houts had executed a deed of trust to secure said notes upon all of his graded shorthorn and Hereford she cattle then on his ranch in Wise County, consisting of about 300 head, containing authority for the trustee, one Mayes, to take possession of and sell the cattle, and apply the proceeeds, if said notes should not be paid at their maturity. At the time of filing its original petition the plaintiff sued out against the defendant Houts writs of sequestration and attachment.

The writs of sequestration and attachment were executed by the same officer, and by one and the same act.

A levy upon 192 head of graded cattle, besides a lot of horses and thoroughbred cattle, was endorsed by the sheriff upon the writ of attachment, and he endorsed upon the writ of sequestration a levy upon 182 head of graded cattle.

Both endorsements referred to the same lot of graded cattle.

There were other liens in favor of other parties upon the graded cattle and the horses, which it is not necessary to specifically describe.

All of the property seized by virtue of the writs was taken into his actual possession by the sheriff, and none of it was replevied.

The defendant Long does not appear to have been cited. He never appeared, and no mention was made of him in the final judgment or elsewhere in the record, except in the original petition, until the assignment of errors.

*71 Tiie defendant Houts answered, and pleaded in reconvention for the recovery of damages, actual and exemplary, on account of the writs of sequestration and attachment.

The cause was tried with a jury, and they returned a verdict in favor of the plaintiff for a balance due upon its note for $1269.97, and in favor of the defendant Houts upon his reconvention for $1785 actual damages.

After the levy was made the parties made a settlement about the thoroughbred cattle, in regard to their value and disposition, as well as the defendant’s claim for damages in respect to the levy upon them, under which they were released from the levy and eliminated from the suit.

The horses were subject to a deed of trust in favor of a third party, and they were delivered by the sheriff to the trustee in that instrument, and sold, and the proceeds of the sale were appropriated by him t.o the debts for which they were mortgaged.

The sheriff likewise delivered the graded cattle to the trustee named in the mortgage upon them made to the plaintiff bank, and they were sold by the trustee in pursuance of the terms of that instrument, and the proceeds of the sale were paid to plaintiff and credited upon its notes against the defendant Houts.

The sheriff, when he made the levy, took the cattle into his actual possession, and caused them to be removed to another place.

Before the sales were made by the trustees, the sheriff, by the direction of the plaintiff, released the levies and delivered the property to them so that they could sell it under their powers.

On the day of the sale of the graded cattle, and before they were sold, the assessor of taxes, at the instance of Houts, levied upon them for his taxes. They were released before they were sold, upon the plaintiff’s assuring the payment of the taxes, which it did at the instance and request of Houts, who owed them.

There was some conflict in the evidence as to whether or not Houts consented to the release of the property by the sheriff for the purpose of its sale by the trustees. It is contended by the appellant, that some circumstances in evidence tend to show that he did so consent. His having done so was expressly denied by both Houts and the sheriff.

The evidence unequivocally shows that Houts was present at the sale, and gave both advice and assistance in conducting it, so as to make the property bring the best price, and that he made then no objection to the sale, except with regard to the last lot of the cattle that was sold, and in that instance he objected only upon the ground that that lot of the cattle was mortgaged to another party, and was not included in the mortgage to the plaintiff.

The evidence as to whether or not any of the property sold by the trustees brought its fair market value was conflicting. The defendant introduced some evidence to the effect that none of it brought such value.

*72 The charge of the court correctly eliminated the thoroughbred cattle, which were levied upon by the attachment alone, from the consideration of the jury on the issue of damages.

In regard to the horses, the court charged as follows:

“If the jury believe that prior to the levy of the plaintiff’s attachment on the 14 head of horses, the defendant executed the deed of trust to Martin; that at the time of the levy the debts were unpaid, and the mortgage was in force; that one of the owners of one of the secured debts demanded of the trustee that he should proceed to sell the property in pursuance of the authority conferred upon him; that after the levy the plaintiff caused the horses to be turned over to Martin to be sold by him, and that he did sell them as such trustee, then the defendant can not recover .anything on account of the levy upon said horses.”

There was no controversy about the proof of the facts here referred to as forbidding a recovery by the defendant of damage on account of the levy upon the horses.

The court gave upon this issue a further charge, of which appellant, complains on the ground that'' the charge of the court should be predicated upon the case made by the evidence, and a charge otherwise likely to mislead, which submits an issue upon which there is no evidence, is-error.”

The charge here complained of reads as follows:

“ If, on the other hand, you do not believe that the horses, after being-levied on, were turned over to said Martin to be by him sold under said deed of trust, or if you do not believe that the deed of trust was signed by the defendant, and that the same was still unsatisfied at the time said horses were turned over, and that the defendant was then indebted to J. Ullmann & Co., and that the said Martin was called upon by a member of said firm of Ullman & Co. to advertise and sell said horses under said deed of trust; and if you believe and find the attachment was wrongfully sued out, and you believe the said horses and mules were sold by the said Martin, and the proceeds arising from said sale were applied by said Martin to the payment of said debts due by said Houts, and that the said horses when so sold brought less than their fair market value; then you will find for the defendant the difference between the fair market value and the price for which they sold, with 8 per cent interest thereon from date of said sale.”

The whole charge relating to the issue should be kept in view, and it was unquestionably as favorable to the plaintiff as it was possible to make it.

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Cite This Page — Counsel Stack

Bluebook (online)
19 S.W. 1080, 85 Tex. 69, 1892 Tex. LEXIS 816, Counsel Stack Legal Research, https://law.counselstack.com/opinion/first-national-bank-v-houts-tex-1892.