Nettman v. Schramm
This text of 23 Iowa 521 (Nettman v. Schramm) 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.
Opinion
It also appeared in evidence that the county judge had never given the said executors any directions concerning the money in the bank, and that the only paper lie gave them was their letters of administration.
It also appeared in evidence that on a former citation in A. D. 1860, to the executors (the said Leopold and Schramm), they appeared before the county judge, and filed an account as follows: “ Estate of Charles Nettman, deceased. Charles J. J. Leopold and J. S. Schramm, as executors of said estate, charge themselves as follows:
“ May 8th, 1860. To amount received of Messrs. Coolbaugh and Brooks, bankers, on deposit, $1763.12.”
Tin's account was, on paper, produced in evidence from the files of the County Court. The defendant, Schramm, testified on the present trial “ that he did not remember that he had ever seen the said account on paper.” Upon this evidence the District Court decided in favor of the said Schramm. The correctness of this decision is the question presented upon the present appeal. Although the cause has been twice argued before this court, the [527]*527judges thereof have been unable to agree in opinion respecting it. Section 2467 of the Revision provides as follows : “ One of several executors may receive and receipt for money. Such receipt shall be given by him in his own name only, and he must individually account for all money thus received and receipted for by himself; and this shall not charge his co-executors, except so far as it can be shown to have come into his hands.”
In consequence of this equal division of the court the judgment of the District Court by operation of law stands
Affirmed.
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23 Iowa 521, Counsel Stack Legal Research, https://law.counselstack.com/opinion/nettman-v-schramm-iowa-1867.