Pritchett v. Sheridan

63 N.E. 865, 29 Ind. App. 81, 1902 Ind. App. LEXIS 105
Indiana Court of Appeals·Decided May 2, 1902·No. No. 4,179·Published·Cited by 2 cases

Opinion

Black, J.

The appellee, Ellen Sheridan, sued upon a promissory note for $2,537.86 given her by the appellant, James A. Pritchett, while unmarried, and to foreclose a mortgage on land executed by him to her at the same time to secure the payment of the note. He having thereafter married, his wife was made a defendant, and with him she appeals. There was an answer in denial, with other paragraphs of answer, in which it was pleaded, in various forms, as a defense, and also as a partial defense, that the note and mortgage, as to $1,000 of the amount thereof, were given in consideration only of money won from the appellant James A. Pritchett on the result of a wager. The [82] reply was a general denial. Under an assignment that the court erred, in overruling the motion of the appellants for a new trial, the parties have discussed the evidence.

The evidence showed, without conflict, that the appellant James A. Pritchett had executed his note, gwerned by the law merchant, for $1,000, to one Edwin D. Ward, which he transferred and indorsed, for a valuable consideration before its maturity, to John Sheridan, son of the appellee. This note, the appellants alleged in certain paragraphs of their answer, was given to Ward for money won by him of the appellant James on the result of a wager. The only evidence that this was the consideration of the note was furnished by the testimony of the appellant James alone, who testified that it was given in payment of lost wagers on the game of “craps” playecL by him with Ward. The evidence, uncontradicted, showed that John Sheridan gave in exchange to Ward for this note, a saloon, a note of a third person, and a note of John Sheridan, the transaction being closed and the Ward note being received by John Sheridan about seven o’clock in the evening. There was evidence that the next morning, about eight or nine o’clock, the maker of the note was met by John Sheridan, who said to the former, “Is this note all right ?” To this Pritchett answered, “Yes, that’s all right.” Sheridan said, “It’s your note, is it ?’* Pritchett answered, “Yes.” Sheridan said, “You signed it, did you ?” Pritchett answered, “Yes.” Sheridan said, “It’s all right, is it?” Pritchett answered, “Yes, it’s all right.” John Sheridan, pursuing the conversation, referred to the fact that the note was not nearly due, and told Pritchett he would like to have some security. Pritchett proposed to procure a loan from the appellee, and, as a result of the conversation, the two men went to the appellee. Pritchett was already indebted to the appellee rvpon a note and mortgage for $5,000, on which the interest was in arrears, and she had been seeking in vain to collect the interest from him. When he and John [83] Sheridan came into the presence of the appellee, John told her that Pritchett proposed to settle his interest account. The manner in which he proposed to do so was explained to her by the two men, the subject being introduced by John, who then informed his mother that Pritchett owed him $1,000 for which he had traded the saloon. Pritchett expressed his wish to borrow enough money to pay two debts which he owed at bank, — one secured by a mortgage on the land here involved, — rand also to pay off the note in question, in the hands of John Sheridan, but the appellee said she did not have so much money in her possession. It was arranged that she would pay a portion of the indebtedness of Pritchett to the bank, and give her note for the residue, and that when she should obtain the necessary mor y she would pay John Sheridan, for Pritchett, the amount of the note in question, and that, for the aggregate of these amounts, and the interest due her, Pritchett should make his note and execute his mortgage to her. Pritchett requested that the loan should be made to him for ten years, but the appellee declined-to make it for so long a period, and the note and mortgage were accordingly made for five years; being the note and mortgage here in suit.

The parties, in effecting the arrangement agreed upon,^ visited tire office of an attorney, who testified on the trial that Pritchett, in the presence of the appellee and John Sheridan, said he was going to borrow money from the appellee, and produced a memorandum, and said, amongst other things, that he owed John Sheridan $1,000, and that there was a little interest on that, — a few dollars. The appellee fully performed all the obligations thus devolved upon her. She paid off in money, and settled with her own note, the debts of Pritchett to the bank, and he received at the time the evidences of his indebtedness to the bank. He also received the $1,000 note from John Sheridan, who delivered it to the attorney, who passed it over to Pritchett; it never having been in the possession of the appellee. And [84] she afterward paid John Sheridan $1,008 in satisfaction of her oral agreement to do so, which formed part of the consideration for the note and mortgage in suit. When she did so, she had no information whatever that the Ward note was given, or was reputed to have been given, for a gambling debt.

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Pritchett v. Sheridan, 63 N.E. 865, 29 Ind. App. 81, 1902 Ind. App. LEXIS 105 (Ind. Ct. App. 1902).

63 N.E. 865 (Pritchett v. Sheridan) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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