Holmes v. Hinkle

63 Ind. 518
CourtIndiana Supreme Court
DecidedNovember 15, 1878
StatusPublished
Cited by12 cases

This text of 63 Ind. 518 (Holmes v. Hinkle) is published on Counsel Stack Legal Research, covering Indiana Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Holmes v. Hinkle, 63 Ind. 518 (Ind. 1878).

Opinion

Perkins, J.

The following is a copy of an executed note :

“ $500. “ Clear Spring, Ind., Oct. 15th, 1869.
“ Twenty-one months after date, we promise to pay to [519]*519the order of D. T. Hinkle & Bro. five hundred dollars, value received, without any relief from valuation or appraisement laws of the State of Indiana, with interest at ten per cent, per annum from time due till paid. If this note be collected by suit, the judgment shall include a reasonable fee for plaintiff’s attorney.
“Due July 15th, 1871.' James Ramey,
“ Daniel E. Ramey.”

The following is a copy of the mortgage executed to se: cure the payment of said note:

“ This indenture witnesseth, that James Ramey and Daniel E. Ramey, of Jackson county, Indiana, mortgage and warrant to David T. Hinkle and William A. Hinkle the following personal property, to wit : One steam sawmill and fixtures thereunto belonging; also, the team and wagons, consisting of five yoke of oxen and two log wagons, with the chains thereunto belonging; to secure the payment of five notes, bearing date of 15th day of October, 1869, of five hundred dollars each; one due in three months, one in six months, one in fifteen months, one in eighteen months, and one in twenty-one months, from date of said notes.
“ In witness,” etc. “ James Ramey, [seal.]
“ Daniel E. Ramey.” [seal.]

The mortgage was duly executed and recorded.

The note described in the complaint is the last of the above mentioned series.

The following endorsements are upon said note:

March 24th, 1870, received $100.
“ J. L. & W. A. Hinkle. ”
“ For valueree’d, we assign this note to C. L. Wayman, Dee. 5th, 1870. Jacob L. Hinkle,
William A. Hinkle.” .

. On the 15th day of August, 1871, said Charles L. Way-man obtained a judgment, in the Jackson Circuit Court, [520]*520Indiana, for the sura of four hundred and three dollars aud thirty-five cents, on said note, against James Ramey and Daniel E. Ramey.

On the 25th day-of Rovember, 1871, said Charles L. Wayman duly assigned said judgment to David T. Hinkle.

At the September term, 1874, said David T. Hinkle commenced suit to foreclose said mortgage. He made John W. Holmes a party defendant, he, at the time', claiming to own said mortgaged property.

In his complaint he set out the judgment above mentioned, of which the plaintiff is the owner by assignment to him.

Defendant Holmes answered in four paragraphs:

1. The general denial;

2. Payment, before the commencement of this suit, by Seaman & Brown, the then owners of the mortgaged property;

3. That James and Daniel E. Ramey sold the mortgaged property, in the complaint described, to William Seaman and John R. Brown, partners, subject to said mortgage; that- said Seaman & Brown, long before the commencement of this suit, paid said mortgage debt in full to said David T. Hinkle, who was then the sole owner of said mortgage by assignment in writing; that said David T. Hinkle, instead of receipting said mortgage, assigned the same in writing,in the following words endorsed thereon : “ Eor value received, we assign this mortgage to Seaman & Brown, David T. Hinkle,” and delivered said mortgage to Seaman & Brown, who have since held and now hold the same; that afterward said Seaman & Brown sold and delivered said mortgaged property to William Terrell, free and clear of all incumbrances whatever ; that afterward said William Terrell departed this life intestate, and his administrator sold said property, except the oxen and one wagon, to said John W. Holmes, free and clear of all [521]*521liens and incumbrances whatever, at and for the price of five hundred dollars, which this defendant has paid in full, and which was the fair.cash value of said property at the time of his said purchase ; and this defendant, sincé his said purchase, has laid out and expended the further sum of one hundred and fifty dollars in repairing and improving said property ; that, when this defendant purchased said property, he had no notice, knowledge, information. or belief that said plaintiff, or any other person, held or claimed to hold any lien or incumbrance of any sort or interest in said property. And this defendant avers, that he is a purchaser of said property in good faith, and for a good, sufficient and valuable consideration;

4. The fourth paragraph sets up affirmative matters, by which it is claimed that the plaintiff is estopped from setting up any lien on said property, under and by virtue of said mortgage.

Demui’rers to the third and fourth paragraphs of answer severally were overruled, and exceptions entered.

Reply by Hinkle, in denial of the second, third and fourth paragraphs of answer.

Default by James and Daniel E. Ramey.

Trial of the issues between the plaintiff and the defendant Holmes, by jury; verdict for the plaintiff, as follows:

We, the jury, find for the plaintiff, and assess his damages, as against the said James and Daniel E. Ramey, for the sum of six hundred and thirty-one dollars and sixty-seven cents, including an attorney’s fee of forty-seven dollars and fifty cents; and we further find, that the said plaintiff is entitled to have the mortgage foreclosed, as to the steam saw-mill and fixtures mentioned in said mortgage, as to all of said defendants.”

Defendant Holmes moved for a new trial, upon the following assigned causes:

[522]*5221. Verdict not sustained by the evidence;

2. Verdict contrary to law ;

3. Excessive damages;

4. Error of'the court in admitting the mortgage in evidence;

5. Error of the court in admitting in evidence Way-man’s judgment against the Rameys:

6. Error of the court “in admitting in evidence the files” in the case of said Wajman against the Rameys ;

7. Error in the court in admitting in evidence what purported to be an assignment of the Way man judgment .to the plaintiff;

8. Error of the court in permitting proof of the signature to the said assignment;

9. Error of the court in permitting proof that the note mentioned in the complaint was one of those given for the mill, etc.;

10. Error of the court in permitting the plaintiff to testify that said note was one of the notes secured by the mortgage, in the complaint described ;

11. Error of the court in permitting proof as to a reasonable attorney’s fee; and,

12. Error of the court in permitting the plaintiff to give original evidence aftér once having rested.

The motion was overruled and exception saved.

Personal judgment against the Rameys for the amount of the verdict, and for a foreclosure of the mortgage against all the defendants.

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Bluebook (online)
63 Ind. 518, Counsel Stack Legal Research, https://law.counselstack.com/opinion/holmes-v-hinkle-ind-1878.