Lewis v. Farmers Grain Co.

241 N.W. 469, 214 Iowa 143
CourtSupreme Court of Iowa
DecidedMarch 15, 1932
DocketNo. 41034.
StatusPublished
Cited by2 cases

This text of 241 N.W. 469 (Lewis v. Farmers Grain Co.) 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.

Bluebook
Lewis v. Farmers Grain Co., 241 N.W. 469, 214 Iowa 143 (iowa 1932).

Opinion

Wagner, C. J. —

The note in suit bears date December 24, 1923, and was due according to its terms one year thereafter. The defendant is a corporation. The note was executed and delivered by the corporation to J. P. Lee, who was one of the directors thereof. At the timé of the execution of the note, the corporation was in financial straits, and various notes were executed by the corporation to some of its officers or stockholders for money advanced, or to be advanced by them. Among the notes executed on the aforesaid date was the note in controversy. It is apparent that it was the belief of the officers, at that time, that an assessment might become necessary as against the stockholders of the corporation. The note contains the following provision: “To apply on assessment, if assessment is necessary.” On the back thereof appears the following endorsement: “Pay to the order of E. F. Lewis. J. P. Lee.”

The plaintiff, in his petition, alleges that he is the owner and holder of the note. The defendant, in its answer, admits the execution and delivery of the note to J. P. Lee, but alleges that said note is without consideration, and that the consideration for the same has wholly failed. It further alleges that the plaintiff acquired said note long after maturity and asks that plaintiff’s petition be dismissed. The defendant also pleads as *145 an offset that the note is non-negotiable; that prior to the time the same was transferred to the plaintiff, the defendant extended credit to the payee, J. P. Lee, by selling him goods and merchandise of the reasonable worth and value of $135.19 as set out in the itemized statement of the account thereto attached, and prays that said sum may be allowed as an offset against any claim which the plaintiff may have against the defendant on the note.

The appellant urges as error the fact that the court submitted the case to the jury for determination, the rulings of the court on introduction of certain testimony, the overruling of plaintiff’s motion for a new trial, and that the court erred in the instructions given to the jury, which will now be considered.

Did the court err in submitting the case to the jury for-determination ? It is shown that, at the time' of the execution and delivery of the-note to Lee, he gave to the defendant-corporation' his check on the First National Bank of Cambridge for $500.00. It is quite clear that there was no lack or want of consideration for the note. If this check was thereafter paid, then there was neither want nor failure of consideration for the note. The evidence for the plaintiff is to the effect that the check was subsequently paid and delivered by an officer of the bank to Lee. Lee testified that since the time when he received the check, paid by the bank, the cheek has been burned. There is no claim by the defendant-corporation that the cheek was protested for nonpayment. The officers of the defendant-corporation testify, in substance, that, after they deposited the check with the bank, they did not receive the check from the bank and deliver it to Lee. It is unnecessary to set out or refer to all of the testimony upon this question. While there is testimony in support of appellant’s claim that the check was not honored nor paid, the most that can be said on this proposition is that the evidence- is in conflict, and presented a disputed question of fact for determination by the jury. The credibility of the witnesses upon this question is for the jury. The appellant did not move for a directed verdict. It raises, the question in its motion for a new trial, urging that the court erred in submitting this question to the jury, and that the verdict is not sustained by the evidence and is the result of passion and prejudice. The verdict was in favor of the plaintiff. We detect nothing in the record indica *146 tive of passion and prejudice on the part of the jury. It is sufficient to say that there is ample evidence in the record in support of the findings of the jury on this question.

It is shown by the record that Lee owned forty shares of stock in the First National Bank of Cambridge, which closed its doors and the assets of which passed into the hands of a receiver May 10, 1926. On rebuttal, Lee was asked whether in 1923, 1924 and 1925 he was loaning the bank money for the purpose of swelling the assets to keep it going, and, over the objection by the defendant, which was overruled, answered in the affirmative. He was further asked as to what property he had when he gave the $500 check, and, over appellant’s objection, which was overruled, answered that he owned 80 acres of land and quite a bit of- stock. An examination of the record discloses that the substance of Lee’s answers to the aforesaid questions is otherwise in the record without objection by the appellant. Therefore, we need not and do not determine whether said testimony is admissible; for it is quite apparent in this state of the record that the rulings of the court on the questions propounded and the answers given, could not have been and were not prejudicial to the appellant. See Legler v. Muscatine Clinic, 207 Iowa 720.

Lee was then asked: "Q. Was there any mortgage on the farm? A. No, sir. Q. Farm was clear? A. Yes, sir. Q. Belonged to Jake Lee? A. Yes, sir.” At this point the record shows that the appellant made the following motion: "We move to strike the answer as incompetent, irrelevant and immaterial. ’ ’ The motion to strike was overruled. The motion refers to answer. This signifies that the motion struck at the last answer given, — that is, that the farm belonged to Jake Lee, otherwise known in this record as J. P. Lee. As hereinbefore stated, the record discloses that testimony of like nature was received in evidence without objection. Moreover, it will be noted that no objection was made to the questions propounded and last above referred to. It is not shown by the record that the answers came so quickly that the appellant did not have time to make an objection.

It is the repeated pronouncement of this court that a party cannot be permitted to wait for an answer which is responsive to the question and then, if unsatisfactory, ask that it be stricken from the record. See Murphy v. McCarthy, 108 Iowa *147 38; Tuttle v. Wood, 115 Iowa 507; Stanley v. Core, 119 Iowa 417; State v. Marshall, 105 Iowa, 38; Omaha Beverage Company v. Temp Brew Company, 185 Iowa 1189. There is no merit in appellant’s complaints at this point.

The plaintiff, in his petition, asked for judgment on the note for $645.00 and interest thereon at 6 per cent from October 24, 1929. The defendant makes no contention that there was not that sum due thereon according to its terms. The court fully instructed the jury relative to defendant’s claim on the account against J. P. Lee, the payee of the note, in the sum of $135.19. The jury found for the plaintiff in the sum of $526.77, and the judgment is for said amount. It is apparent that the jury found against the defendant on its claim of want and failure of consideration, and for the defendant and against the plaintiff on the account against Lee. The court in one of the instructions told the jury :

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Weilbrenner v. Owens
68 N.W.2d 293 (Supreme Court of Iowa, 1955)
Nehring v. Smith
49 N.W.2d 831 (Supreme Court of Iowa, 1951)

Cite This Page — Counsel Stack

Bluebook (online)
241 N.W. 469, 214 Iowa 143, Counsel Stack Legal Research, https://law.counselstack.com/opinion/lewis-v-farmers-grain-co-iowa-1932.