Parish v. Hozey

17 La. 578
Supreme Court of Louisiana·Decided January 15, 1841·Published·Cited by 5 cases

Opinion

Simon, J.

delivered the opinion of the court.

Defendant is appellant- from a judgment which makes him liable and condemns him to pay to the plaintiff, the sum of $1450, with interest, being the amount of a bill of exchange which, plaintiff alleges, having been sequestered before maturity, in the suit of Diggs, Hobson & Oo. against the present plaintiff, was taken and removed by said defendant from the bank where [350] it had been deposited for collection, and was held by Mm until after it was due and payable without making or causing to be made any demand of the [580] acceptor at the time of its maturity, whereby the drawers and indorsers were released from their liability.

Defendant denies his liability, and states that the act by which the plaintiff avers himself aggrieved was an official act of defendant’s, done and performed by the express order of the court; that in compliance with the writ of sequestration issued and put into his hands, he took the bill of exchange into his possession and safe keeping, to hold the same subject to the order of the court. That it was his duty to keep the same and not to let it go out of his said possession, and that he was not to know and could not be presumed to know that its worth and value would be either increased, diminished or lost from the commission or omission of any judicial process or other steps connected therewith, &c. He concludes by praying, that the same judgment which, in case the court should be of a different opinion, would he rendered against him, be rendered against the persons who have signed the sequestration bond, and that they he cited accordingly as his warrantors. There was judgment for the amount of the bill and interest against the defendant, and in his favor against his warrantors for the same amount; from which judgment, said defendant alone appealed.

The evidence shows that the hill of exchange, drawn on John B. Diggs by Pickett, Banks & Co., is dated the 17th of April, 1839, that it was made payable ninety days after date to the order of Keys & Roberts; that it was indorsed by the latter, by Diggs, Hobson & Co. and by plaintiff, and had been regularly accepted. That in conformity with a writ of sequestration issued in a suit instituted by the second indorsers against the plaintiff, the bill -in question, was, on the 5th of July ensuing, received by defendant’s deputy from the New Orleans Canal and Banking Company, where it had been deposited by plaintiff for collection, on the 27th of June preceding. It is not disputed that a judgment was subsequently rendered in favor of said plaintiff [5,81] decreeing the hill of exchange to he his property, and that therefor© he became fully entitled to recover the bill or the amount of its proceeds, if collected during the pendency of the suit. Several witnesses have been examined to show that the drawers and indorsers of the bill were good and solvent at the time of its maturity, and this fact'appears to have been satisfactorily established; it is also proven that the acceptor was insolvent when the testimony was given.

It is evident from the facts of the case, that the plaintiff, without any fault of his, has lost or been deprived of his recourse against the drawers and indorsers of the bill, and that he would vainly attempt a recovery from the acceptor. In this situation, he has thought proper to exercise his remedy against the sheriff, by a claim for damages; and the controversy in this case turns therefore entirely on the question whether the sheriff who is in possession of a bill of exchange under a writ of sequestration, is bound to take all the necessary steps which the law requires to fix the liability of the parties to the bill, so as to preserve its worth and value for the benefit of the successful party ?

[351] The appellant has endeavored to resist the plaintiff’s claim on the plea that being a judicial depository, one of his principal obligations was to re store the precise object which he received, La. Oode, art. 2915; that such object could not be restored or parted with before the decision of the suit; Id. art. 2946 ; and that until then, he was bound, according to the.terms of the writ, to keep the bill in his possession and to hold it subject to the further order of the court. He further urges that had he parted with the possession of said bill by delivering it to the acceptor, in case of payment at presentation, he would have been guilty of an act of disobedience to the positive order of the court. t

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Parish v. Hozey, 17 La. 578 (La. 1841).

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