Lambert v. Jones

2 Patton & Heath 144
CourtCourt of Appeals of Virginia
DecidedJanuary 15, 1856
StatusPublished
Cited by7 cases

This text of 2 Patton & Heath 144 (Lambert v. Jones) is published on Counsel Stack Legal Research, covering Court of Appeals of Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Lambert v. Jones, 2 Patton & Heath 144 (Va. Ct. App. 1856).

Opinion

ETELD, P.,

delivered the opinion of the court as follows:

On the 4th day of December, 1835, Samuel B. Larmour, being indebted to Samuel Jones and John Jones, of Baltimore, composing the late firm of Talbot Jones &Co., in the sum of 81,500, for money advanced, and in a further amount not specified, on merchandise account, by deed of that date, conveyed to Robert J. Taylor, three tenements or lots of ground in Alexandria, in trust to secure the payment of the same. The indebtedness referred to in the deed of trust was subsequently increased by other dealings, to $4,837 91. Por the payment of this amount with interest, from the 19th December, 1840, Larmour executed his promissory note on the 10th Pebruary, 1841, payable to Samuel Jones *and John Jones, or order; and to secure its payment, he conveyed, in trust, to L. B. Taylor, another tenement or lot of ground in Alexandria. The note was kept by Mr. Taylor, in his hands, as the property of Talbot Jones & Co., until the 10th of August, 1846. The firm of Talbot Jones & Co., at the date of the note, consisted of Samuel Jones, jr., only, the surviving partner, John Jones, the other partner, having died in June, 1840. In 1846, Talbot Jones & Co. drew, in favor of Jones, Burneston & Co., five bills of exchange on Larmour, to the amount of $5,729 69. The first was dated April 1st, 1846 — the last, July 20th, 1846. They were drawn by Talbot Jones & Co., and were accepted by Larmour on the faith of Larmour’s note to Talbot Jones & Co., then in the hands of Taylor. The bills were endorsed by Jones, Burneston & Co., discounted at the bank, and proceeds received by Samuel Jones, jr. These bills were afterwards protested, and paid by Jones, Burneston & Co. On the payment of them Jones, Burneston & Co. became the creditors, for their amount, of Samuel Jones, jr., the drawer, and of Larmour, the acceptor. He had a right to go at once against Larmour, as acceptor, and make him pay the amount, or he had a right to go against Samuel Jones, jr., as drawer, and make him pay the amount. Had he taken this last course, then, on payment of the amount, Samuel Jones had a right to go against Larmour, and compel him to refund to him. Larmour having accepted the bills on the faith of funds of Jones in his own hands, (his own note to Jones,) he was an acceptor for value, and was liable, as such, to the drawer. He was, in fact, first liable, and last liable, to pay the amount of those bills. On the 10th of August, 1846, Talbot Jones & Co. drew an order on Taylor, directing him to close the deed of trust given by Larmour, and pay the proceeds to Jones, Burneston & Co. The order was accepted by Taylor, and Taylor then sent the note to Jones, Burneston & Co., of Baltimore, and they got Samuel Jones, jr., surviving partner of Talbot Jones & *Co. to endorse the note to them. The endorsement was made in blank, on the back of the note, on the 14th of August, 1846, and the note delivered by Samuel Jones, jr. to Jones, Burneston & Co. Let it be borne in mind, that all of the five bills, hereinbefore referred to, had been drawn, and the first one in the series had become payable a day or two before the note of Larmour was endorsed to Jones, Burneston & Co. Samuel Jones, jr., alias Talbot Jones & Co., having failed in the fall of 1846, on the 6th of October of that year he made a composition deed, by which he conveyed all his estate, except “the Wheatfield Inn,” and all debts due to him, or to Talbot Jones & Co., to William Winn and James Ross, for the benefit of his creditors who should, ‘on or before the first day of January next, execute and deliver to the trustees full and absolute releases and ac-quittances to the said Samuel Jones, jr. of and from their aforesaid claims.” The trustees issued their written notices to the creditors on the first of December, apprising them of the provisions of the deed. At the foot of one of these notices, Jones, Biume-ston & Co., on the 31st December, 1846, executed, under the hands and seals of William Woodward and Thomas Burneston, the surviving partners, a release to the following effect: “In consideration of the provisions of the above deed, we do hereby release to the said Samuel Jones, his executors, administrators and assigns, all demands, on whatever account, which we have against him, either jointly or severally.”

On the 13th June, 1846, at Alexandria, D. C., Lambert & M’Kenzie drew a bill for $3,000 in favor of John Ilooff', Cashier, on Talbot Jones & Co., of Baltimore, which Jones accepted by the firm name of Talbot Jones & Co. The bill was protested for non-payment, and is the foundation of the appellant’s claim in this suit. Talbot Jones & Co. being non-residents of the District of Columbia, Lambert & M’Kenzie filed their bill in equity under the act of 1792, one of the Virginia statutes, then in force in Alexandria, regulating *proceedings against absent defendants and absconding debtors. See Code of 1792, p. 15. They made Samuel B. Larmour, Lawrence B. Taylor, Samuel Jones, Patrick Henry Sullivan, and John Hooff defendants, and no one else. The object of the suit was to attach in the hands of Samuel B. Larmour a sum sufficient of a debt due from him to Samuel Jones and Patrick Henry Sullivan, absent defendants, [706]*706trading under the name of Talbot Jones & Co., to satisfy their claim against Samuel Jones and Patrick Henry Sullivan of $3,000 with interest and costs. The subpoena, with the restraining order endorsed thereon, was served on the home defendants, Rar-mour and Taylor, on the ISth September, 1846. After this, and before any further proceedings in the cause were had, Alexandria was retroceded to Virginia, a circuit superior court of law and chancery established there under the jurisdiction of Virginia, and the cause removed to that court. ; . i 1 :

In June, 1847, the defendants Taylor, Samuel Jones and Patrick Henry Sullivan, filed their answers. Prom the answer of Jones and Sullivan it appeared that there were fatal errors in the plaintiffs’ bill, in alleging that the bill of $3,000 had been drawn upon and accepted by them as members of the firm of Talbot Jones & Co., when that firm had been composed of Samuel Jones and John Jones, and that the debt due from Rarmour was not due to Samuel Jones and Patrick Henry Sullivan, but to Samuel Jones and John Jones, and so expressed on the face of the note and deeds of trust. To correct these errors was the object of an amended bill filed in October, 1847, by which new parties were also made, and amongst them were Jones, Burneston & Co., of Baltimore, and Samuel Jones, surviving partner of Samuel and John Jones of the firm of Talbot Jones & Co. In consequence of these errors, Rambert & M’Kenzie, by virtue of their attachment of the ISth September, 1846, acquired no such valid lien on the Rarmour debt as would have prevented him from paying it away, nor as would incapacitate Samuel Jones from *giving a lien or of assigning it over to another person on good consideration. The plaintiffs, as to this debt, acquired no valid and effectual lien on the debt before their supplemental bill was filed in October, 1847, if then. Before this time, the order from Samuel Jones to Taylor had been drawn and accepted; the note endorsed by Samuel Jones, surviving partner of the firm of Talbot Jones & Co., to Jones, Burneston & Co. ; the five bills drawn, accepted, endorsed, negotiated, (and taken up by Jones, Burne-ston & Co.

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Cite This Page — Counsel Stack

Bluebook (online)
2 Patton & Heath 144, Counsel Stack Legal Research, https://law.counselstack.com/opinion/lambert-v-jones-vactapp-1856.