Johnson v. Webster
This text of 47 N.W. 769 (Johnson v. Webster) is published on Counsel Stack Legal Research, covering Supreme Court of Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
On the thirteenth day of February, 1882, the defendant and others gave to one William Pickerell their promissory note for one hundred and ninety-nine dollars with interest at ten per cent, per annum. Pickerell indorsed the note to Charles Yan Q-order, who on the twenty-third day of February, 1883, obtained judgment thereon against the makers and Pick-erell, as indorser, for the sum of two hundred and fifteen dollars and fifty-five cents, attorneys’ fees and costs. The judgment was rendered by a justice of the peace, and a transcript thereof was filed in the office of the clerk of the circuit court of Audubon county on the twenty-sixth day of February, 1883. The filing of the transcript created a lien upon certain land owned by William Pickerell. He afterwards conveyed the land to his wife, Millie E. Pickerell, and she conveyed it to John Martin. Martin gave to Mrs. Pickerell a mortgage on the land to secure the payment of fourteen hundred and sixty dollars. The mortgage thus given provided that it should not become due until all other liens and incumbrances upon the land should be removed. In January, 1884, the mortgage and note thereby secured were assigned to plaintiff. In February of that year, money belonging to William Pickerell was placed in the hands of S. L. Wilson, as the agent of plaintiff and Martin, sufficient in amount to satisfy the judgment in favor [583]*583of Yan Gorder for the purpose of obtaining an assignment of the judgment, and the note and mortgage were surrendered to Martin. The plaintiff claims, and the ■evidence tends to show, that by virtue of the agreement between Martin Wilson and the plaintiff, Wilson was to obtain an assignment of the judgment to himself; that he was then to assign it to plaintiff; and that so far as it was a lien on the Pickerell land it was to be released. Wilson obtained an assignment of the judgment to himself in February, 1884, and by authority of plaintiff released the Pickerell land from its effect; but, instead of then assigning it to plaintiff, he, on the, seventh day of May, 1885, assigned it to one M. Nichols. On the next day Nichols acknowledged receipt from defendant of the amount required to satisfy the judgment. In the spring of 1886 Pickerell assigned to plaintiff his claim against defendant for money paid by Pickerell on account of the judgment, and this action is brought to recover the am ount of that claim.
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Cite This Page — Counsel Stack
47 N.W. 769, 81 Iowa 581, Counsel Stack Legal Research, https://law.counselstack.com/opinion/johnson-v-webster-iowa-1891.