Kaase v. Johnston

82 S.W. 680, 5 Indian Terr. 76, 1904 Indian Terr. LEXIS 8
Court Of Appeals Of Indian Territory·Decided October 19, 1904·Published·Cited by 5 cases

Opinion

Gill, J.

Appellant says in his brief as follows: “Though a number of errors of the court are assigned by appellant, as a matter of fact the whole case turns on one proposition, which is, was the mortgage from Adair and Oldham to Johnston sufficiently definite in its description and location of the cattle as to identify them, and place third parties on notice?” The evidence of plaintiff in the trial of the case at the outset is the offer of the mortgage mentioned in the complaint, being Exhibit A. At the time the mortgage was offered in evidence the defendant objected thereto, the objection was overruled, and the defendant excepted. One of the objections to the introduction of the mortgage was on the ground that the description of the property purporting to be conveyed by defendant is too indefinite and uncertain to make said mortgage a basis of recovery in this action. If this mortgage was properly in evidence, there is no doubt, from the review of such evidence, that plaintiff was entitled to recovery, and the whole case hinges upon the one question as to whether or not the mortgage was sufficiently definite in its description and location . of the cattle as to identify them and place third parties, such as the defendant, upon notice. The mortgage is as follows:

“This mortgage made on the 11th day of July, A. D. 1901, by L. H. Adair and Ina Oldham, of the Creek Nation, Indian [80] Territory, by occupation farmers, mortgagor, to Willard Johnston Cashier of Pottawatomie County, Oklahoma Territory, by occupation, Banker, mortgagee.
“Witnesseth: That this mortgagor mortgages to the mortgagee, the following described property, to-wit: 279 head of cattle, described as follows: 160 head of cows, various colors, and from 6 to 9 years old; 85 head yearling steers and heifers; 30 head of steers, 2 and 3 years old, various colors; 100 head of sucking calves, various colors; 4 Durham Bulls, 3 and 4 years old, and all increase of said cattle, as security for the payment to them of Forty-five Hundred, Seventy-six and 60-100 Dollars, on the 11th day of November, A. D. 1901, with interest at the rate of ten per cent, per annum, according to the tenor of one said promissory note, for the sum of Forty-five Hundred, Seventy-six and 60-100 Dollars, dated July 11th, 1901, due November 11, 1901.
“And said mortgagor does solemnly declare, and represent unto said mortgagee, that he is lawfully possessed of said goods and chattels in his own right, and that the same are free and clear from any and all incumbrances for the purpose of obtaining the above named sum of money.
“And the said mortgagor does hereby covenant and agree to and with the said mortgagee, that in case of default made in the payment of the above mentioned promissory note, or in case of any attempt to dispose of or attempt to remove from said Creek Nation the aforesaid goods and chattels, or any part thereof, or any unreasonable depreciation in value, or if from any other cause the security shall become inadequate or at any time the mortgagee, their heirs, or assigns, shall deem themselves insecure, they or their agents may take immediate possession of the above described goods and chattels, possession of these [81] presents being their sufficient authority therefor, and may sell the same at public sale within ten days’ notice. And that after satisfying the aforesaid debt and interest thereon, together with . all reasonable and necessary costs, charges and expense incurred in taking, keeping and selling said property, together with statutory attorney’s fees, they shall pay the money remaining to the mortgagor on demand, and if from any cause, said property shall fail to satisfy said debt, interest and costs aforesaid, said mortgagor agrees to pay the deficiency.
“In witness whereof, the said mortgagor has hereunto set Ms hand the day and year first above written.
L. H. Adair.
“Ina Oldham.”
“Signed in' the presence of:
“Jesse MoDermott.
“James Crawford.”

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Kaase v. Johnston, 82 S.W. 680, 5 Indian Terr. 76, 1904 Indian Terr. LEXIS 8 (Conn. 1904).

82 S.W. 680 (Kaase v. Johnston) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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