Larminie v. Carley

29 N.E. 382, 114 Ill. 196
CourtIllinois Supreme Court
DecidedMay 15, 1885
StatusPublished
Cited by4 cases

This text of 29 N.E. 382 (Larminie v. Carley) is published on Counsel Stack Legal Research, covering Illinois Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Larminie v. Carley, 29 N.E. 382, 114 Ill. 196 (Ill. 1885).

Opinion

Mr. Justice Scott

delivered the opinion of the Court:

Although this case has been elaborately argued by counsel, it would seem it ought not to require any very extended discussion, as the controlling facts occurred in a single day, and are comprised in a brief compass. The action was commenced by Mark Carley, against Samuel H. Larminie and Edward A; Bigelow. Afterwards, it was discontinued as to the latter-named defendant. The declaration contains only the common counts, to which the general issue was pleaded. The suit was brought to recover certain sums of money placed by plaintiff in the hands of defendant, as margins on deals in corn and lard, made on the board of trade in Chicago. It was stipulated, to be considered and used in evidence, that the declaration contains the whole cause of action claimed by plaintiff against defendant; that all the orders, contracts, purchases and sales made or attempted to be made in connection with the cause of action, or out of which or on account of which the alleged cause of action is claimed to have arisen, or which shall be offered or introduced in evidence, were bona fide, and for actual delivery of the articles therein mentioned, and that neither party shall call the same in question as having any element of gambling contracts in them. On the trial in the Superior Court, plaintiff recovered a judgment against defendant. That judgment was affirmed in the Appellate Court for the First District, and defendant brings the case to this court on his further appeal.

This court is asked to reverse the judgment of the Appellate Court on two different grounds : First, because the trial court improperly excluded certain documentary and other evidence offered by defendant, on the trial of the case; and second, because, assuming as true all that the evidence produced on the trial tends to prove in favor of plaintiff, it appears the damages awarded by the Superior Court are excessive. As respects the. latter point, it may be said, as to the amount which the evidence shows a plaintiff is entitled to recover in a particular case, that is regarded, under all the recent decisions of this court, as a question of fact, and as to which the finding of the Appellaté Court is conclusive on this court. But as to the rule to be adopted for ascertaining the measure of damages, that is a question of law, and so far as the question made may have any application to the facts of the present case, it will be considered further on.

The objections taken to the rulings of the court in the exclusion of testimony offered by defendant, can be more understanding^ considered after a brief reference to the principal and controlling facts Of the case. In the fall of 1881 plaintiff procured defendant to buy for him a large quantity of corn, for delivery in May of the next succeeding year, and also a quantity of lard, for delivery, perhaps, in March, 1882. It was, no doubt, tacitly, if not expressly, understood the purchases of these commodities were to be made on the board of trade, and as plaintiff resided in Champaign, and defendant in Chicago, the negotiations between the parties were conducted through Mr. Newell, who was defendant’s local agent at Champaign. Some dealings seem to have been had between the parties prior to the transactions out of which the present litigation arose, but as to them no controversy exists now, and never did. As to the quantity of corn and lard purchased by defendant for plaintiff, and as to the prices to be paid for them, and when the same were to be delivered, there never has been any disagreement between the parties, nor as to the commissions defendant should receive for his services in transacting the business. There is some controversy as to the precise amount of margins plaintiff was to keep on deposit with defendant, but none as to the fact plaintiff should keep a sufficient amount on deposit with defendant to afford him indemnity against loss for carrying the corn and lard for plaintiff. That was done, and up to the 14th or 15th day of February, 1882, it is not claimed plaintiff had not so far complied with his contract in that respect that no complaint had been made, and no right of sale (which it is conceded defendant would have had in case of failure to keep margins good,) had been insisted upon, or even claimed. If there had been any failures on the part of plaintiff, previous to that date, to keep margins on deposit, they had been waived by accepting subsequent payments of margins, and continuing to carry the corn and lard, so that up to the loth day of February, 1882, it can not be said there was really any breach of his contract, whatever it was, as to margins to be kept on deposit with defendant. Narrowing the controversy, then, as must be done, to what occurred on the 15th day of February,. 1882, and the events connected directly therewith, the case is relieved of all seeming difficulty. On that day defendant sold plaintiff’s corn and lard, and the principal contention is as to defendant’s right, under his contract with plaintiff, to make such sales. It seems the markets had become unsettled on the board of trade, and defendant’s position is, he caused his resident agent, Newell,, to give plaintiff notice that unless he put up further margins by. one o’clock P. M. on the 15th day of February, he would sell his corn and lard on the market, under his contract with plaintiff, or according to the usual custom in such cases. Plaintiff denies he had any notice whatever that his deals were to be closed out, and asserts that when he was asked to do so on that day, he put up all the margins demanded. There is evidence that on the morning of the 15th of February, Newell notified plaintiff of .the unsettled condition of the markets, ánd that hé was calling for margins. In reply, plaintiff told Newell his margins were not “exhausted,” and further stated he had been figuring, and that Newell looked over, and said to him: “For the time being, your margins are sufficient. If there is a change in the market—if it is lower—I will call on you. ” Plaintiff then left Newell’s office and went to his home. In the afternoon of the same day, perhaps about two o’clock, Newell went to plaintiff’s house, and told him “the market was panicky—the bottom was about falling out,” and that if he wanted to save his margins, he must put up more money. Plaintiff then gave Newell his check for $2000, and took his receipt for it for so much money paid to defendant, as margins, to secure his deals. Thereupon Newell, it is said,'telegraphed defendant that plaintiff “had margined handsomely.” Later in the same day, perhaps about dark, Newell again went to plaintiff, and told him he had just received a telegram from defendant that his deals' had been closed out. There is a conflict in the evidence as to some of the facts occurring on the day the deals were closed, but as there is evidence tending to establish plaintiff’s theory of the case, it will be understood the trial ■and Appellate courts found the facts that way, and no assignment of error can be permitted that will call in question the correctness of that finding'. Upon the facts as they must have been found by the lower courts, as the evidence tends to establish them, it is clear plaintiff had no notice his deals were to be closed out on that day, or at any other time; that he was not in default as'to margins, for, in the language of-'defendant’s agent, he had “margined handsomely, ” and that defendant had no right, either under his contract with plaintiff, or under any custom proven to have existed on the board of trade, or elsewdiere, in regard to such matters, to close out his deals.

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Bluebook (online)
29 N.E. 382, 114 Ill. 196, Counsel Stack Legal Research, https://law.counselstack.com/opinion/larminie-v-carley-ill-1885.