National Cash Register Co. v. Stockyards Cash Market

1924 OK 110, 228 P. 778, 100 Okla. 150, 1924 Okla. LEXIS 950
CourtSupreme Court of Oklahoma
DecidedJanuary 29, 1924
Docket12781
StatusPublished
Cited by20 cases

This text of 1924 OK 110 (National Cash Register Co. v. Stockyards Cash Market) is published on Counsel Stack Legal Research, covering Supreme Court of Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
National Cash Register Co. v. Stockyards Cash Market, 1924 OK 110, 228 P. 778, 100 Okla. 150, 1924 Okla. LEXIS 950 (Okla. 1924).

Opinion

Opinion by

POSTER, C.

This action originated in the district court of Oklahoma county, Okla. The National Cash Register Company, a corporation, brought suit against the Stockyards Cash Market, a corporation, engaged in business in Oklahoma City, to foreclose an alleged equitable lien upon three cash registers. Prior to the institution of the action in the court below, the Stockyards Cash Market had executed a trust mortgage, for the benefit of its creditors, of all its property and assets,' including the three cash registers in controversy, to Eugene Miller, trustee, who subsequently intervened in the original action and set up ownership to the said cash registers under said trust mortgage as trustee for the creditors of the' Stockyards Cash Market. Later the Stockyards Cash Market was adjudged a bankrupt and Eugene Miller, who had been appointed trustee in bankruptcy, intervened in his capacity as trustee in bankruptcy, and adopted the answer which had theretofore been filed by him as trustee for creditors in the original action. The Stockyards Cash Market answered by an unverified general denial.

During the pendency of the action in the trial court on the application of the plaintiff, National Cash Register Company, a receiver was appointed to preserve and *151 safely keep the three cash registers pending the final determination of the cause.

At the trial the Stockyards Cash Market confessed judgment in favor of the National Cash Register Company for the sum of $1, 222.60, and the cause proceeded to trial upon the issues raised by the petition of the plaintiff, National Cash Register Company, and the defendant, Eugene Miller, trustee for the benefit of creditors, who later and before final judgment by stipulation of the parties intervened as trustee in bankruptcy and adopted the answer of the defendant trustee for creditors.

The parties will be hereinafter referred to as they appeared in the court below.

The main cause was tried upon an agreed statement of facts. The only oral testimony introduced at the trial was upon motion of the trustee to assess an attorney’s fee of $350. The cause was tried to the court without the intervention of a jury and resulted in a judgment for the plaintiff and against the Stockyards Cash Market for $1,222.60, and in favor of the defendant trustee for . costs, afid overruling and denying the motion of the trustee to assess an attorney’s fee of $350.

From the judgment so rendered in favor of the defendant trustee and against the plaintiff for costs, the plaintiff excepted, and from the judgment of the court overruling and denying the motion of the trustee to assess an attorney’s fee, the trustee excepted and the cause comes on regularly to this court on the appeal of the plaintiff.

This appeal involves a controversy between the plaintiff and the trustee of an insolvent corporation over ownership of three cash registers which the plaintiff had delivered to said corporation by virtue of a certain contract of conditional sale, which reads as follows: ■

■ “The National Cash Register Company,
“Dayton, Ohio.
“Date 12-12, 1919..
“Please manufacture and ship freight prepaid to-St., Oklahoma City. Oklahoma County, Oklahoma State or to the nearest railroad station, three of your No. 944 (3) E. L. 4 dr. Nos. 1689651, 1689652 & 1712797 registers, white finish, denomination of keys 840 for use on either counter meat business, for which undersigned agrees to pay.yoii two thousand four hundred fifty and no-100 dollars.
“($2450.00) Customer to pay as rental on
"92.00 two styles 854 registers Nos. 16.
—:-- 7S924 and 1661354 as follows:
“$2542.00
$100.00 cash:
"$_cash on arrival of register, and the following amount to be evidenced by note: $1412.90 in 13 monthly payments of $100.00 and one of $112.90. Allow $80.00 paid on two 854 registers Nos 1678921 & 1661135.1 $790.00 paid on previous orders for above 3 No. 944 registers $79.55 of amount paid on No. 1712771 & $79.55 of amt. pd. on No. 1713601. All previous orders for all of said registers canceled.
“Five per cent, discount allowed for cash settlement on arrival of register, but no discount allowed on credit for exchange registers, or on autographic registers. The purchase price, less any payment thereon, shall, at your option, immediately become due and payable, upon refusal of undersigned to accept the register then tendered, or to make any cash payment, or to execute and deliver the note or make any payment provided for therein; or you, or any person authorized by . you, if you so ■elect, may immediately repossess the register, and retain, as rental for use of said register while in the possession of undersigned, all payments theretofore made. Should the register get out of order from ordinary use within one year from shipment, you will, without charge, repair it, provided undersigned pays the transportation charges on it to and from the factory, or nearest agency able to make the repairs, or traveling expenses of repairman. Undersigned to pay for any repairs made without your authorization, and to pay all taxes on the register, and in event of default, to reimburse the company to full extent of taxes paid by it.
“Register shall remain your property until the price or any judgment for same, is paid in full.
“This contract covers all agreements between the parties and shall not be countermanded.
“(Sign here) Stock Yards Cash Mkt.
“By P. W. Rister, Pres.
“W. J. Widby, Treas.
“(Post Office)
“Oklahoma City, Okla.
“(Seal)
“Stockyards Cash Market.”

The admitted facts are that on December 12, 1919, the plaintiff contracted to sell, and delivered to the Stockyards Cash Market, three • cash registers under the conditional sale contract set out above, a copy of which was filed for record in Oklahoma county, Okla., February 9, 1920, and an installment note for $1,412.90, payable in 14 monthly installments on which there had been paid an installment of $100.00 on January 12, 1920," and a like amount on' February 12, 1920, leaving a balance unpaid of $1,212.90, bearing interest at the rate of *152

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Bluebook (online)
1924 OK 110, 228 P. 778, 100 Okla. 150, 1924 Okla. LEXIS 950, Counsel Stack Legal Research, https://law.counselstack.com/opinion/national-cash-register-co-v-stockyards-cash-market-okla-1924.