In re the Estate of Pickenbrock

70 N.W. 1094, 102 Iowa 81
Supreme Court of Iowa·Decided May 11, 1897·Published·Cited by 2 cases

Opinion

Given, J.

I. The facts are, in substance, as follows: Englebert Pickenbrock and his sons, W. A. and Gus W. Pickenbrock, executed their promissory note to the Polk County Savings Bank for a loAn of four hundred and fifty dollars, Gus W. receiving the money so borrowed. Gus W. Pickenbrock kept the interest paid for one year, and paid fifty dollars on the principal. The note was renewed at ninety days after date [83] by Englebert and W. A. Pickenbrock. G-us W. Pickenbrock, being absent, did not sign the renewal. It was afterwards renewed from time to time, but whether G-us W. joined in the renewals does not appear. The administrator paid four hundred and forty-eight dollars and two cents in satisfaction of the note as an approved claim against the estate. • Englebert Pickenbrock also went on a note with Grus to the Valley Bank for a loan of two hundred dollars, Bus receiving, the money. This note Englebert Pickenbrock paid prior to his death. Also upon a note for two hundred dollars to the Savings Bank of Iowa, and on another note for two hundred dollars to the People’s Bank, Grus receiving the money in each instance. The administrator paid two hundred and twenty-three dollars and forty-seven cents in satisfaction of the note to the Savings Bank. The note to the People’s Bank was secured by collaterals given by Englebert Pickenbrock, out of waich the People’s Bank realized payment of the note. The testimony shows that each of these transactions was for the benefit of Grus W. Pickenbrock, and that Englebert Pickenbrock signed the notes as security only. Gfus testifies: “Father went my security for the note [referring to the $450 note], and he says I should pay the note if I could, and if I didn’t pay it, and he had to take the note up, it should be taken out of my share of the estate.” In speaking of all the notes, he further states: “When these notes were signed, he said that if I didn’t pay the money back, and he had to take the notes up, it was to be taken from my share of the estate.” On cross-examination he says, with respect to the four hundred and fifty dollar note, “The understanding was that the debt was mine, and that I would have to pay it.” In answer to the question, “Bid he loan it to you, then?” he answered: “Yes, sir. I expected to pay it back; and he says, ‘If you don’t pay [84] this, — if I have to pay this, — -it will be taken out of your part of the estate.’ I agreed to pay the note if I could. The agreement was that I was to pay off this note at the bank if I could. * * * The understanding was that he was surety for me.” The only other evidence bearing upon the question of advancement is that of W. A. Pickenbrock, that his father said that all the money that was advanced to any of the children should be taken out of their shares. Also the testimony of Mr. Carroll Wright that deceased har1 said to him that he had advanced to Gus very much more money than was his proper share of the estate, and that this money that he had paid, or was liable for, he wanted taken out of Gus’ share; that it was an advance. The testimony of W. A. Pickenbrock and Mr. Wright is objected to upon the ground that the declarations testified to were not made in the presence and hearing of Gus Pickenbrock. Whether or not the objection is well taken, we need not determine, as the uncontradicted evidence of Grus Pickenbrock shows-beyond doubt that at the time the notes were given it was the intention of the deceased, agreed to by Grus Pickenbrock, that whatever deceased, or his estate, should have to pay on said notes, would stand as an advancement to Grus; hence the result must be the same whether or not that evidence is admitted.

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In re the Estate of Pickenbrock, 70 N.W. 1094, 102 Iowa 81 (iowa 1897).

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