Hammer v. Campbell Gas Burner Co.

144 P. 396, 74 Or. 126, 1914 Ore. LEXIS 407
CourtOregon Supreme Court
DecidedNovember 24, 1914
StatusPublished
Cited by8 cases

This text of 144 P. 396 (Hammer v. Campbell Gas Burner Co.) is published on Counsel Stack Legal Research, covering Oregon Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Hammer v. Campbell Gas Burner Co., 144 P. 396, 74 Or. 126, 1914 Ore. LEXIS 407 (Or. 1914).

Opinion

Mr. Justice Ramsey

delivered the opinion of the court.

This is an action upon a contract to recover money due as commissions for selling corporate stock of the defendant company. On October 26, 1909, Henry G. Sonnemann, George C. Mourer, George R. Baker and George W. Morgan entered into a written contract for the sale of 6,000 shares of the capital stock of the defendant. Thereafter George R. Baker and George W. Morgan sold their interests in said contract to L. C. Hammer and H. G. Luker, and this transfer was consented to by the defendant. On November 18, 1911, H. G. Luker, H. G. Sonnemann, George C. Mourer, J. E. Murphy and L. C. Hammer were duly adjudged [129]*129to be bankrupt, by tbe District Court of the United States for the District of Oregon, and thereafter the plaintiff A. A. Cunnigham was appointed trustee in bankruptcy of the estates of said bankrupts, and he duly qualified as such trustee. Before the commencement of this action, said bankruptcy court made an order authorizing and directing said Cunningham, as .trustee in bankruptcy, to join in bringing this action. After the execution of said written contract, and before the parties of the second part had sold any of said stock, the said parties and the defendant company entered into a parol agreement, by the terms of which said written contract was so modified that instead of the defendant company’s selling to the parties of the second part and their assigns 6,000 shares of the capital stock of said company for the price stated in said written contract, said parties of the second part were given the sole right to sell and dispose of said 6,000 shares, of the capital stock of the defendant company, and they were to sell said stock for $10 per share, and they were to pay the money or notes received for said stock to the defendant, and the defendant agreed that it would pay them, as commissions, for every share of said stock so sold, the sum of $3. The complaint alleges, in substance, the above-stated facts, and, also, that said Sonnemann, George C. Mourer, L. C. Hammer, and H. G. Luker did perform all of the terms and conditions of said contract as modified on their part to be done or performed, between October 26, 1909, and March 4, 1910, and sold for the defendant, under said contract as modified, 6,033 shares of the stock of the defendant company for $10 per share and turned over to the defendant, as the proceeds of such sales in cash and notes, the sum of $60,330; that said notes were [130]*130taken from the persons to whom said stock was sold and made payable to the defendant, and that the defendant accepted the same in payment therefor, with the express understanding and agreement on the part of the defendant that it would pay to Sonnemann, George O. Mourer, L. O. Hammer and H. G. Luker the difference between the said sum of $7 per share and the price at which said stock was sold, or $3 per share; that thereupon there became due and owing to them thereon the sum of $18,099 or $3 per share for the 6,033 shares of stock so sold, and that no part thereof has been paid, except the sum of $11,225.57. The complaint alleges, also, in substance, that after said commissions had become due and payable on the 28th day of June, 1910, said L. C. Hammer, for value, sold and assigned in writing to the plaintiff Bertha E. Hammer all his right and interest in and to any and all commissions and claim then held by him against the defendant for the sale of said stock and money due him from the defendant, and the said Bertha E. Hammer accepted said assignment, etc. On the 2d day of August, 1910, the said George O. Mourer, for a valuable consideration, assigned to Harry G. Mourer all his right and interest in and to all commissions held by him against the defendant for the sale of said stock, etc. The plaintiff Cunningham as trustee, in bankruptcy, is the owner and holder of the claim and demand that Sonnemann had against the defendant for his interest in the commissions for the sale of said stock. The plaintiffs demand judgment against the defendant for $6,873.43 with interest on said sum from March 4,1910, that being the amount due after deducting all payments thereon. The answer admits parts of the complaint, and denies other portions thereof. The answer, alsc, sets up two alleged counterclaims. [131]*131The first supposed counterclaim is based upon a promissory note alleged to have been executed on tbe 10th day of November, 1910, to tbe defendant for $1,900 by L. C. Hammer, J. E. Murphy, H. G. Luker and H. G. Sonnemann. Said note purports to be due on demand, without grace. Tbe other supposed counterclaim is alleged in said answer as follows:

“That tbe Safety Investment Company, a corporation of tbe State of Oregon, was organized as a close corporation during tbe year 1908 or 1909, tbe entire membership and ownership of tbe stock of said company being George C. Mourer, L. C. Hammer, H. G. Luker and Henry G. Sonnemann, tbe said just named parties owning tbe entire capital stock of the said corporation, and tbe said corporation being formed by tbe said parties for tbe sole purpose of exploiting and handling tbe sale of stock of tbe defendant herein, and perhaps other corporations as well. That afterward, to wit, during tbe months of May or June, 1909, and while said close corporation was composed entirely of tbe plaintiffs herein, and on tbe 2d day of June, 1909, a promissory note in tbe sum of $18,170 was executed in favor of and delivered to defendant herein, and after tbe maturity of tbe said note, which was prior to October 26, 1909, tbe sum of $3,385 was paid thereon by tbe makers thereof only, and there now remains due from the plaintiffs herein to tbe defendant tbe sum of $14,785. That, by mistake and without authority, the said note was marked ‘Canceled’ by a committee appointed by defendant to see what could be done in the way of collection of tbe said note, while as a matter of fact tbe said sum of $3,385 is tbe total amount paid by plaintiffs to defendant upon said promissory note, and there still remains due upon said note tbe said sum of $14,785.”

Tbe reply denies much of tbe new matter of the answer, and alleges, etc.:

“That heretofore, and on or about tbe 18th day of November, 1911, an order was duly made and entered [132]*132by tbe District Court of the United States for the District of Oregon in the matter of H. Gr. Luker, H. Gr. Sonnemann, George C. Mourer, J. E. Murphy, and L. C. Hammer, bankrupts, adjudging the said H. G. Luker, H. G. Sonnemann, George C. Mourer, J. E. Murphy, and L. C. Hammer bankrupt, and thereafter and on or about the 29th day of November, 1911, at a duly and regularly called meeting of the creditors of said bankrupts, the above-named plaintiff, A. A. Cum ningham, was duly and regularly elected trustee of said bankrupts, and thereafter duly qualified as such trustee in the manner provided by law, and ever since said date has been and now is the duly acting and qualified trustee of said bankrupt estate. That said bankrupt proceeding since the date above mentioned has been and now is pending in the said District Court of the United States for the District of Oregon. That prior to the execution and delivery of the note set out in the further second and separate answer and by way of counterclaim or setoff of the defendant, herein, the said L. C. Hammer and George C. Mourer, for a valuable consideration, sold, assigned and transferred their claim under the contract alleged in plaintiffs’ complaint herein to Bertha E. Hammer and Harry G.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Kuchta v. Western Oldsmobile, Inc.
355 P.2d 458 (Oregon Supreme Court, 1960)
New York Alaska Gold Dredging Co. v. Walbridge
38 F.2d 199 (Ninth Circuit, 1930)
Gilbert v. Branchflower
231 P. 982 (Oregon Supreme Court, 1924)
Daniels v. Foster & Kleiser
187 P. 627 (Oregon Supreme Court, 1920)
Chance v. Carter
158 P. 947 (Oregon Supreme Court, 1916)
Sargent v. American Bank & Trust Co.
154 P. 759 (Oregon Supreme Court, 1916)
McHargue v. Calchina
153 P. 99 (Oregon Supreme Court, 1915)
Windsor v. Mourer
147 P. 533 (Oregon Supreme Court, 1915)

Cite This Page — Counsel Stack

Bluebook (online)
144 P. 396, 74 Or. 126, 1914 Ore. LEXIS 407, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hammer-v-campbell-gas-burner-co-or-1914.