Hubbard v. Coolidge

42 Mass. 84
CourtMassachusetts Supreme Judicial Court
DecidedMarch 15, 1840
StatusPublished

This text of 42 Mass. 84 (Hubbard v. Coolidge) is published on Counsel Stack Legal Research, covering Massachusetts Supreme Judicial Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Hubbard v. Coolidge, 42 Mass. 84 (Mass. 1840).

Opinion

Putnam, J.

It is admitted that the jury have not allowed to the defendant the amount of money which he paid on the noto for $26,250, on the 15th of July, 1829, according to the agree ment made at Nahant in 1830 ; and the reason given for the disallowance is the want of consideration for so much of the agreement. The plaintiffs deny that the sum of $ 6,459, which was paid by the defendant and indorsed on the note, was ever intended to be credited. But they allow the agreement, so far as it concerns the giving up of the note itself. The agreement is in the words following, u Nahant, August, 1830. I agree with Cornelius Coolidge to give up his note for the Ware stock, and allow him in account the sum paid thereon, at the time of his failure ; [intending to put him in the same situation in respect to the Ware stock, that Mr. S. Hubbard has placed him in relation to the Canton stock] depending on his exertion to free me from that concern without further loss, and that nothing is to be said to Mr. Sturgis, or any one, till the settlement of accounts. John Hubbard.”

It has been deemed important to determine whether the future services of the defendant were to be rendered, upon the notice and request of Mr. Hubbard, to the Ware concern or the Canton concern. On the part of the plaintiffs, it is contended that they related to the Ware concern, which had been fully settled ; and so that no services of the defendant would ever be wanted or required, and therefore that there was no consideration to Mr. Hubbard for the engagement to repay the money which the defendant had paid upon the Ware stock note. And we are inclined to the opinion, that the intent of the parties was, that the defendant’s exertions were to be rendered in relation to the Ware, and not in relation to the Canton concern.

The subject of the agreement was the note which the defendant had given for the Ware stock, which note the testator then held. The sum paid on account of that note was agreed to be repaid ; and the situation in which the- defendant was to be placed and left, in relation to the Ware concern, was explained by reference to a similar arrangement relating to the Canton [90]*90concern, where the defendant was allowed the whole that he had paid upon it. The Canton concern is thus incidentally introduced, and if the words which I have placed between brackets be read as a parenthesis, it would be perfectly clear that the agreement related to the Ware concern.

The testator was to give up the defendant’s note for the Ware stock, and allow him in account the sum paid thereon at die time of his failure, depending on his exertion to free Mr. H. from that concern without any loss, — reading the paper without the parenthesis. If that should be read afterwards, 1 ‘ intending to put the defendant in the same situation in respect to the Ware stock, that Mr. S. Hubbard placed him in relation to the Canton stock,” it would, by way of reference, clearly indicate the terms of the agreement. Mr. S. Hubbard had allowed the defendant all that he had paid on the Canton stock, for the services which he had rendered to the testator relating to that stock. We proceed upon the ground that the services, which the testator depended upon, were to be performed in relation to the Ware stock or concern.

But it is argued for the plaintiffs, that the verbal agreement did not embrace the money which the defendant had paid upon the note for the Ware stock, but merely the note itself, which was agreed to be allowed, on account, when the Ware concern was settled; and that the plaintiffs are willing to give the defendant credit for that amount. It is true that the defendant considered that the Ware concerns were settled, and that he was entitled to have his note ; but from some cause or other the verbal agreement was not carried into effect. The parties afterwards met at Nahant, and entered into the written agreement which is now under consideration. And it has been argued for the plaintiffs, that the writing was intended to include only what before had been verbally agreed ; and that there was mistake or misrepresentation, or no consideration for the part of the written contract which exceeds what had been some time before agreed upon. It is not denied that there was a good consideration foi that part of the agreement, by which the testator was to allow to the de'’"ndant, on account, the amount then due on the note; indeed there [91]*91could be no foundation for such denial. The situation of the parties is to be taken into consideration. The testator had capital ; the defendant had skill. The testator became a stockholder in the Canton and also in the Ware concern, and was apprehensive that his property would be lost or greatly impaired from his ¡ability, as a stockholder, for the debts due from these several companies.

In this extremity, the services of the defendant were put in requisition. And so far as they related to the Canton concern, it is conceded that they were eminently adapted to the occasion. They were performed under instructions of Mr. S. Hub bard, (which were read at the argument,) and the testator was relieved from the Canton concern. And he was desirous that the defendant should do the same thing in relation to the Ware liability.

The testator would have transferred his stock to the defendant, without his consent. But to that the defendant objected, as soon as the testator’s intent became known. The defendant would not assume the liability without some substantial reward. He undertook the risk and liabilities, at the earnest request of the testator, in consideration of having the amount due upon the note for his Ware stock allowed him on account. This makes the first part of the written agreement. It was not upon a past consideration, (which, technically considered, is for services performed without request, 01 a mere voluntary courtesy,) but upon services rendered upon request. And so far the plaintiffs admit that the agreement should be carried, into effect.

But the last part of the agreement, that is, to allow the defendant the sum he had paid, and which was indorsed on the note, is controverted.

We are then to consider whether, from the paper itself, and the evidence, any consideration appears for it. The affairs of the Ware Company were represented by the defendant to have been settled at the time when he claimed of the testator the performance of his verbal agreement. But for some reason or other he did not comply with the request.

The parties afterwards met, and in a conversation the defend* [92]*92ant complained that there was no inducement for him to exert himself in the testator’s service, as that verbal promise had not been performed ; and thereupon the testator professed a willingness to give his written undertaking. The parties then went into a house, and the result was, that the agreement now under consideration was made.

It must be recollected that the testator, at the time when the defendant called on him to give up the note, expressed an apprehension that notwithstanding he had transferred the stock, he might still be liable for assessments. The verbal agreement related to the services which the defendant had performed at the testator’s request. And the defendant considered that the testator was relieved, and claimed the note. But the testator was apprehensive still.

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Bluebook (online)
42 Mass. 84, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hubbard-v-coolidge-mass-1840.