Pottinger v. Louisville Trust Co.

214 S.W.2d 612, 308 Ky. 437, 1948 Ky. LEXIS 951
CourtCourt of Appeals of Kentucky (pre-1976)
DecidedOctober 5, 1948
StatusPublished
Cited by1 cases

This text of 214 S.W.2d 612 (Pottinger v. Louisville Trust Co.) 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
Pottinger v. Louisville Trust Co., 214 S.W.2d 612, 308 Ky. 437, 1948 Ky. LEXIS 951 (Ky. 1948).

Opinion

Opinion op the Court by

Judge Cammack

Dismissing appeal.

At the outset we are confronted with the appellees’ motion to dismiss the appeal, because the amounts in •controversy do not come within the limits prescribed .by KRS 21.080.

Since we think the position of the Louisville Trust •Company is well taken, we shall confine our consideration of the case principally to this question.

The transactions under attack took place between the receiver of the BancoKentucky Company and the receiver of the Louisville Trust Company almost 20 years ago. The appellants filed the suit as stockholders of the BancoKentucky Company and asked the court to ■designate one or more of the other stockholders of that 'Company to represent the remaining stockholders. The (appellant,' Bertha C. Pottinger, held 50 shares in the BancoKentucky Company, Samuel C. Pottinger held 200 shares and R. Ruthenburg held 315 shares. There were more than two million shares of BancoKentucky stock.

The appellants are asserting claim to their proportionate parts of a sum in excess of two million dollars alleged to be due from the Louisville Trust Company to the BancoKentucky Company. The claim of Bertha Pottinger is less than $200 and that of the other appellants is less than $500. Therefore, the appeal of Bertha O. Pottinger should be and it is dismissed for want of jurisdiction, and that of the appellants, Samuel C. Pottinger and R. Ruthenburg is dismissed because no motion for an appeal has been filed in this Court. The language in the recent case of Armes v. Louisville Trust Company, 306 Ky. 155, 206 S. W. 2d 487, 489, is pertinent here:

“When two or more parties who might have brought separata actions join in one suit to recover a money judg *439 ment or judgments, the aggregate amount does not determine jurisdiction, but the claims of each are regarded as separate and distinct suits and cannot be united or aggregated for the purpose of giving the court jurisdiction. If the amount involved as to any one of the parties is not large enough to confer jurisdiction, the review of the proceeding will be dismissed as to him.”

Incidentally, the appellants in this case were plaintiffs and appellants in the Armes Case. Furthermore, Mr. R. Ruthenburg, one of the appellants, and counsel for them,” has been engaged in a number of unsuccessful actions wherein transactions similar to the one here involved were under attack.

Wherefore, the appeal is ■ dismissed.

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Related

Creech v. Jackson
375 S.W.2d 679 (Court of Appeals of Kentucky (pre-1976), 1964)

Cite This Page — Counsel Stack

Bluebook (online)
214 S.W.2d 612, 308 Ky. 437, 1948 Ky. LEXIS 951, Counsel Stack Legal Research, https://law.counselstack.com/opinion/pottinger-v-louisville-trust-co-kyctapphigh-1948.