Kinkaid v. Hiatt

24 Neb. 562
CourtNebraska Supreme Court
DecidedJuly 15, 1888
StatusPublished
Cited by7 cases

This text of 24 Neb. 562 (Kinkaid v. Hiatt) is published on Counsel Stack Legal Research, covering Nebraska Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Kinkaid v. Hiatt, 24 Neb. 562 (Neb. 1888).

Opinion

Maxwell, J.

This is an action in equity to enjoin the defendants from prosecuting certain actions and for an accounting. A decree was rendered in the court below in favor of the plaintiff, from which the defendant appeals.

The plaintiff alleges‘in his petition that, the defendant, Paris R. Hiatt, during the spring-time of 1883, did falsely [564]*564represent to the plaintiff that he possessed superior and excellent facilities for fattening cattle, and thereby induced the plaintiff, who wholly relied upon said representations, to enter into an agreement with the defendant, whereby the plaintiff agreed to furnish the defendant about seventy-four head of steers to fatten, said steers to be gathered together during the summer and fall of 1883, and be taken in charge by the defendant, Paris R. Hiatt, and grazed and fed and fattened by said defendant, and said defendant to have the same well fattened on or, before the first day of June, 1884, when the same were to be sold by plaintiff, and out of the proceeds of the purchase price thereof pláintiff was first to take the original purchase price thereof and in addition thereto thirty-five per cent profit, and then pay to said defendant, Paris R.' Pliatt, all of the proceeds of the sale of said cattle over and above the original purchase price and plaintiff’s profit as above set forth, for and in consideration of the buying of said cattle for plaintiff’s agent, and grazing, feeding, and fattening the same.

Said contract having been, made and entered into on or about the 28th day of May, 1883, the same being in writing.

2. That, in pursuance of said- agreement, plaintiff bought by his agent, Paris R. Hiatt, defendant, seventy-six head of cattle, and turned the same over to Paris R. Hiatt, defendant, to be grazed, fed, and fattened in pursuance of said agreement, but delivered to said Hiatt seventy-six head to be kept in pursuance of said agreement instead of seventy-four head, which cattle said Hiatt accepted in pursuance of said contract, the purchase price of the same, according to the report of said Paris R. Hiatt to plaintiff, being about $2,500.

3. At the time of delivering or turning over to said Paris R. Hiatt the said seventy-six head of cattle as above set forth, said defendant made his report to the plaintiff of the amount of money he had expended for plaintiff in the purchase of said cattle, as agent for plaintiff, and plaintiff [565]*565then and there accepted the report of said defendant as correct, but since the making of said settlement, plaintiff has discovered that the report of said Hiatt was false in one particular, and now has reason to believe and does believe that it was false in other particulars, and that said Hiatt drew checks in favor of persons of whom he bought cattle for plaintiff, which checks were paid out of plaintiff’s account, plaintiff believing that said checks were for the purchase price of cattle, but has since learned that one of the said checks was not wholly in payment of cattle, but in payment for other property which was not bought for the use or benefit of plaintiff, but was bought for the use and benefit of the defendant, and in his report to plaintiff said Hiatt represented that said check represented wholly the purchase price of cattle.

4. That at the time said Paris R. Hiatt induced the plaintiff to enter into said agreement concerning said cattle, he, said defendant, deceived the plaintiff as to his facilities for keeping and fattening said cattle, and was in fact unable as a farmer to produce the necessary feed for the same, and unable to procure enough for the same by purchase, on account of financial inability, and after défendant had taken care of said cattle for a few months very poorly and in an improper manner, it became known to plaintiff that defendant was unable to furnish necessary grain to fatten said cattle, and in order to assist defendant in procuring grain to fatten said cattle, plaintiff made the defendant a loan of the sum of $50, as represented by a promissory note in words and figures following:

“$50.00 O’Neill, Neb., Nov. 26, 1883.
“One day after date, for value received, I promise to pay to the order of M. P. Kinkaid fifty dollars, payable at Holt County. Bank, O’Neill, Nebraska, with interest at the rate of ten per cent per annum.
“ Pabis R. Hiatt & Wife.
“P. O., Clearwater, Neb.”

[566]*566And afterwards, to-wit, on the 22d day of January,. 1884, in order to further assist said defendant in procuring corn on which to fatten said cattle, the plaintiff loaned said defendant the sum of $100, as represented by one-certain promissory note in the. words and figures following,, to-wit:

“$100.00 O’Neill, Neb., Jan. 22, 1884.
“ One day after date I promise to pay to the order of M. P. Ednkaid one hundred dollars, payable at Holt County,, O’Neill, Nebraska, with interest at the rate of ten per cent per annum.
“P. E. Hiatt & Wife.
“P. O. Clearwater.

And afterwards, in the spring of 1884, the said defendant becoming wholly unable to procure grain to fatten the said cattle, the defendant and plaintiff did then and there enter into one additional agreement concerning the fattening of said cattle, to-wit: Plaintiff was to furnish money to buy sufficient corn to feed said cattle until on or about the 1st day of June, 1884, when the same were to be sold by plaintiff, and when said cattle were so sold plaintiff was to take from the proceeds of the sale of same the cost price of said corn so bought by him, and the amount of the two promissory notes above referred to, which two promissory notes or the amounts they represented were to be considered the same as so much money having been directly invested in corn upon which to fatten said cattle, and then to carry out the agreement as originally made and above referred to, viz., to take from -the balance of the proceeds the original purchase price of the said cattle and a profit of thirty-five per cent to plaintiff upon said original purchase price, and pay said defendant, Paris E. Hiatt, the balance of the proceeds of the sale of said cattle, and in pursuance of said additional agreement plaintiff by defendant bought an amount of corn, which defendant represented to plaintiff cost $580, and plaintiff paid that [567]*567amount for it by paying the cheeks defendant Paris E. Hiatt drew.

5. During all the time aforesaid said cattle in pursuance of said agreements were kept in the possession of the defendant, Paris E. Hiatt fed and cared for the same in such a negligent and careless manner that it became apparent to him that he would realize but little or nothing in pursuance of the said agreements for feeding and taking care of the same, and intending to wrong, defraud, and.

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Bluebook (online)
24 Neb. 562, Counsel Stack Legal Research, https://law.counselstack.com/opinion/kinkaid-v-hiatt-neb-1888.