Powers v. Spiedel
This text of 121 N.W. 968 (Powers v. Spiedel) is published on Counsel Stack Legal Research, covering Nebraska Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Suit to quiet title to real estate. Decree for defendants and plaintiff appeals.
February 7, 1895, the land in controversy was owned by the Bank of Gering, a corporation, and on said day was sold and conveyed by said bank to one Yickrey. The deed was duly recorded on the 12th day of that month. February 19, 1895, Yickrey conveyed the land to defendant, August Spiedel, who recorded his deed December 16, 1895. . August 16, 1899, plaintiff purchased said land from said bank, taking a quitclaim deed therefor, which he duly recorded. The land was unimproved and unoccupied. Plaintiff took possession thereof immediately [631]*631upon receiving Mg deed and lias occupied it from thence hitherto.
[632]*632Plaintiff argues that the president of the bank did not acknowledge the deed as the act of the corporation, but as his individual act and deed. We, however, are of the opinion that, although the acknowledgment is irregular, it is sufficient in substance to entitle the deed to record. The deed is regular in all other respects and signed for the corporation by the president who acknowledged the deed. The bank could only act through its officers, and the statute explicitly authorizes its president to sign its deeds. In connection with the recitations in the deed and the signature thereto, the reasonable explanation is that Jewett acknowledged the execution of said instrument for and on behalf of the corporation. Under a similar statute it was held that an acknowledgment almost identical with the one in the instant case was that of the corporation. City of Kansas City v. Hannibal & St. J. R. Co., 77 Mo. 180. See, also, Muller v. Boone, 63 Tex. 91; Tenney v. East Warren Lumber Co., 43 N. H. 343; McDaniels v. Flower Brook Mfg. Co., 22 Vt. 274. Plaintiff purchased the land for $25, taking a quitclaim deed without examining the records, or having any one else examine them for him, and, as he says, without knowledge of their contents, and has paid but one year’s taxes on the property since 1899. If plaintiff did not have actual he had constructive notice, at the time he received the bank’s deed, that defendants were the owners of the land in dispute.
The judgment of the district court is right and is
Affirmed.
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Cite This Page — Counsel Stack
121 N.W. 968, 84 Neb. 630, 1909 Neb. LEXIS 257, Counsel Stack Legal Research, https://law.counselstack.com/opinion/powers-v-spiedel-neb-1909.