Overstreet v. Citizens' Union National Bank

76 S.W.2d 641, 256 Ky. 653, 1934 Ky. LEXIS 455
CourtCourt of Appeals of Kentucky (pre-1976)
DecidedOctober 23, 1934
StatusPublished
Cited by9 cases

This text of 76 S.W.2d 641 (Overstreet v. Citizens' Union National Bank) is published on Counsel Stack Legal Research, covering Court of Appeals of Kentucky (pre-1976) primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Overstreet v. Citizens' Union National Bank, 76 S.W.2d 641, 256 Ky. 653, 1934 Ky. LEXIS 455 (Ky. 1934).

Opinion

Opinion of the Court by

Creal, Commissioner

Reversing.

Beckham Overstreet is appealing from a judgment in favor of the Citizens’ Union National Bank against him for $5,400 on a note. The action was instituted on September 27, 1932, and summons executed on October 22 thereafter. On November 19, appellant entered motion to require appellee to execute bond for costs on the ground that it is a corporation and the motion was sustained and bond executed. On December 3, he filed a motion supported by his own affidavit asking that appellee be required to file an itemized statement showing the debt and amount of the original loan with dates of renewals, showing increase or reduction thereof, and the interest paid on the debt on such renewals, etc., and the notes which appellant was required to and did execute to appellee for which it did not give him credit but charged interest. This motion was overruled.

On January 7, 1933, he filed a special demurrer to the petition because it was not made to appear therein whether appellee was a partnership suing under its trade-name or a corporation. Appellee thereupon filed an amended petition alleging that it is a corporation created under the national banking laws. On January 28, appellee filed answer and counterclaim and on February 4, an amended answer and counterclaim and on *655 February 10, he filed a second amended answer and-, counterclaim which he made a cross-petition against E. • T. Meriwether, vice president of the bank.

In his original answer he admitted the execution of the note, but alleged that it was executed without consideration. By various counterclaims he alleged in substance that appellee sold and converted to its own use certain shares of stock which he left with it for safekeeping and at a time when the stock had little market value, but that shortly after such sale and conversion, the stock increased greatly in value and because of such act on part of appellee he lost the difference between the price at which the stock was sold and the price which could have been realized thereafter; that he had pledged to the bank as collateral certain stock and securities listed on the New York stock exchange; that appellee sold the collateral so placed during the unprecedented financial depression in the fall of 1929 when it had actual value but little market value and because of the sale of the stock under such conditions he lost the amount of the note sued upon. He further alleged the execution of certain notes to the bank for sums for which he was not given credit and which were not paid to or for him and upon which he paid sums of interest set out in the petition; that the bank required him to execute these notes and pay the interest thereon as a scheme and plan whereby it collected a higher return of interest and usury upon the note sued upon; that E .T. Meriwether, as vice president of the bank and acting for and on behalf of it, required him to pay the sum of $100 as penalty for not making as large a payment on his indebtedness as the bank requested.

The bank entered a plea of limitation as to the •counterclaim for usury and made a general denial of the other allegations of the answer, counterclaim, and cross-petition and alleged that it did not hold the stock which appellee alleged it sold and converted other than as collateral. ?

On April 6, appellant entered a motion that E. T. Meriwether and W. R. Cobb, vice presidents of appellee, be required to personally appear in court to testify as witnesses in his behalf on the 10th day of April, which motion was sustained.

On April 10, when the case was called'for trial, he *656 entered a motion for continuance supported by a certificate • Dr. James H. Swann, which certificate reads:

“This is to certify that Mr. Beckham Over-street is under my professional care, and that I 'have advised complete rest for a few days.”

The court sustained appellant’s motion and ordered the case passed until April 18. When the case was called for trial on April 18, appellant by counsel entered a motion for continuance supported by his own affidavit and the affidavits of Dolph M. Carver, Drs. James Swann, H. A. Beams, and E. C. Hume. The court overruled the motion for continuance and adjudged the burden of proof to be upon appellant and counsel for appellant declining to introduce proof, the court sustained a motion for a directed verdict in favor of appellee, and, upon the verdict rendered in conformity with the court’s direction, judgment was entered as above indicated and appellee’s counterclaim and cross-petition dismissed.

On the following day appellant entered a motion to set aside the order overruling the motion for continuance and the verdict of the jury and to award him a new trial and was granted two weeks time in which to file additional grounds and affidavits in support of his motion. Thereafter, he filed his own affidavit and the additional affidavits of Dr. Hume and the affidavits of a. number of attorneys and laymen.

The court overruled his motion to set aside_ the former order refusing a continuance and to grant him a new trial and this appeal followed.

The only question to be determined is whether the court erred in refusing a continuance when the case was called on April 18 or in refusing to grant a new trial on the showing made thereafter. Without going into detail as to the statements contained in the various affidavits, it is made to appear that on April 7, 1933, and during the spring vacation of the Jefferson circuit court, appellant went to Cleveland, Ohio, for the purpose of going through a clinic in a well-known medical institution. Upon the advice of a friend he decided to consult and be examined by two eminent physicians in Cleveland. The affidavits of the physicians show that appellant underwent several examinations which disclosed that he was suffering from infectious neuritis from an *657 undetermined cause but probably due to teeth or tonsils or both, and it was recommended that the patient remain in Cleveland for at least ten days or two weeks for observation and further examination and for rest and relaxation during that period. However, appellant returned to Louisville and on April 13, consulted Dr. E. C. Hume, a dentist, who has specialized as an exodonist. On April 17, Dr. Hume made an affidavit that he had made a thorough examination of appellant’s teeth and found the gums diseased; that an X-ray of the entire lower jaw revealed that it was necessary to extract a number of teeth and treat the gums and he directed the patient to go to Dr. Hendershot, another dentist, to have the lower bridge severed preparatory to extracting the teeth; that this work was done by Dr. Hendershot on April 14, and on April 15, appellant returned to his •office where he removed the bridge and extracted five teeth leaving but five remaining on the lower jaw; that nt the time the affidavit was made, appellant was incapacitated and unable to try a suit either for himself or for a client and would not be for some time; that he advised rest and further treatment; that appellant’s ■condition was “serious, painful and. imminent” and he urged that the work be done at once.

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Bluebook (online)
76 S.W.2d 641, 256 Ky. 653, 1934 Ky. LEXIS 455, Counsel Stack Legal Research, https://law.counselstack.com/opinion/overstreet-v-citizens-union-national-bank-kyctapphigh-1934.