First Nat'l Bank of Corning v. Teters

32 S.W.2d 622, 182 Ark. 599, 1930 Ark. LEXIS 548
CourtSupreme Court of Arkansas
DecidedNovember 3, 1930
StatusPublished

This text of 32 S.W.2d 622 (First Nat'l Bank of Corning v. Teters) is published on Counsel Stack Legal Research, covering Supreme Court of Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
First Nat'l Bank of Corning v. Teters, 32 S.W.2d 622, 182 Ark. 599, 1930 Ark. LEXIS 548 (Ark. 1930).

Opinion

Kirby, J.,

(after stating the facts). Appellant insists that the chancery court was without jurisdiction and erred in dismissing its claim in the first suit for want of equity and in adjudging it not entitled to recover any more than the money advanced for payment -of taxes, the interest on the Federal Land Bank’s mortgage, etc. There was no presentation of any claim by the bank to the administrator for allowance within the time fixed by law for presentation of s-uch claims and the court did not err in so holding. Any renewal or attempted renewal by the administrator of the notes of the decedent to the bank secured 'by the mortgage made by him, or of the mortgages given by the administrator, under the order of the pro-bate court, to secure advances from the bank for supplies for tenants cultivating the lands of the estate, could not constitute a presentation of the cl-aim of the bank against the estate -of the decedent within the meaning of the requirements of the law, and the court did not err in holding the bank’s claim barred by the statute of nonclaim. Jordan v. Morrilton, 168 Ark. 117, 269 S. W. 53.

The p-robate court was without jurisdiction to make an order authorizing the mortgaging of the lands off the estate by the administrator for carrying on farming operations for three years. Doke v. Benton County Lumber Co., 114 Ark. 1, 169 S. W. 327 ; Massey v. Doke, 123 Ark. 211, 185 S. W. 271 ; Lewis v. Rutherford, 71 Ark. 282, 72 S. W. 373 ; Beakley v. Ford, 123 Ark. 383, 185 S. W. 796 ; Hart v. Wimberly, 173 Ark. 1083, 296 S. W. 39.

Appellant insists, however, that Mrs. Annie B. Teters was estopped from denying the validity of the mortgages made by the administrator to secure the advances for farming purposes, having agreed thereto in consideration that the bank would not proceed with the foreclosure of its mortgage against the estate. No estoppel was pleaded, however, and, if the conduct could amount to an estoppel, which we do not decide, it would in no wise dispense with the necessity for presentation of the bank’s claim to the administrator of the decedent’s estate, nor prevent the operation of the statute of non-claim. Gerard B. Lambert Co. v. Rogers, 161 Ark. 307, 255 S. W. 1089 ; Arkansas National Bank v. Boles, 97 Ark. 43, 133 S. W. 195 ; Hasty v. Hampton Stave Co., 80 Ark. 409, 97 S. W. 675.

The bank did not advance any money to the administrator to make the crop for the year 1928, and had no right whatever to or claim against the rents of the lands for that year, .and the court having correctly held all its claims against the decedent’s estate barred by the statute of nonclaim, except as to interest advanced and taxes paid, which had been returned to it, the bank had no interest in or claim to the rents for the year 1928, and no error was committed against the bank in the decree for recovery and distribution of said rent.

The appellant applied for permission to intervene in the equity suit and asked for affirmative relief and the appellees also prayed for equitable relie1!, cancellation of the mortgage, etc., and no objection was made to the jurisdiction of the court before the appeal wa.s prosecuted. The court therefore had jurisdiction, and it is too late now for the appellant to complain here that the court was without jurisdiction, even if there were grounds for such objection.

We find no error in the record, and the decree must be affirmed. It is so ordered.

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Related

Jordan v. Bank of Morrilton
269 S.W. 53 (Supreme Court of Arkansas, 1925)
Hart v. Wimberly
296 S.W. 39 (Supreme Court of Arkansas, 1927)
Lewis v. Rutherford
72 S.W. 373 (Supreme Court of Arkansas, 1903)
Hasty v. Hampton Stave Co.
97 S.W. 675 (Supreme Court of Arkansas, 1906)
Arkansas National Bank v. Boles
133 S.W. 195 (Supreme Court of Arkansas, 1910)
Doke v. Benton County Lumber Co.
169 S.W. 327 (Supreme Court of Arkansas, 1914)
Massey v. Doke
185 S.W. 271 (Supreme Court of Arkansas, 1916)
Beakley v. Ford
185 S.W. 796 (Supreme Court of Arkansas, 1916)
Gerard B. Lambert Co. v. Rogers
255 S.W. 1089 (Supreme Court of Arkansas, 1923)

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Bluebook (online)
32 S.W.2d 622, 182 Ark. 599, 1930 Ark. LEXIS 548, Counsel Stack Legal Research, https://law.counselstack.com/opinion/first-natl-bank-of-corning-v-teters-ark-1930.