Radcliff v. Corrothers

11 S.E. 228, 33 W. Va. 682, 1890 W. Va. LEXIS 34
CourtWest Virginia Supreme Court
DecidedMarch 15, 1890
StatusPublished
Cited by12 cases

This text of 11 S.E. 228 (Radcliff v. Corrothers) is published on Counsel Stack Legal Research, covering West Virginia Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Radcliff v. Corrothers, 11 S.E. 228, 33 W. Va. 682, 1890 W. Va. LEXIS 34 (W. Va. 1890).

Opinion

English, Judge :

This case was before this Court upon an appeal obtained by Mary A. Poundstone, and was decided on the 5th day of [683]*683April, 1884, a report of which decision appears in 23 W. Ya. 724. Richard S. Radcliff claimed in his bill filed in said suit that he formed a partnership with G-eo. W. Poundstone, a resident of the state of Pennsylvania, for the purpose of buying add selling coal on the Monongahela and Ohio rivers, in the state of West Virginia and other states bordering on the Ohio river, agreeing that they would furnish equal amounts of money to conduct said business, and share equally in the profits which might result from the same, which business was to be conducted in the name of said Richard S. Radclifl, and was to be managed by him; that at the time said partnership was formed said Radcliff was indebted to said George W. Roundstone and Mary, his wife, in the sum of $3,240.00, evidenced by a promissory note made by said Radcliff and John W. Corrothers, dated the 10th day of June, 1872, and payable to the said George W. Poundstone and Mary A. Poundstone, one year after the date thereof, for the said sum of $3,240.00, said John W. Corrothers being the security on said note. It was therefore agreed that said Rad-cliff should supply funds to the said Poundstone, to be by the latter put in said copartnership business, and that the one half of the money or capital so advanced and put into said business by plaintiff should be charged against said promissory note, and credited thereon as payments, either in part or in full, according to the amount of said payments, of which agreement said Mary A. Poundstone had full notice, and concurred therein, and consented to said arrangement, and expressly agreed that all money so furnished to her said husband by plaintiff, in pursuance of said agreement, should constitute credits upon said promissory note, and that plaintiff, confiding in said agreement, advanced to said copart-nership, to be used in their business, the sum of $6,600.32, the one half of which was furnished as an advance to said George W. Poundstone upon the faith of the promises and agreement aforesaid; that the same should be credited upon said promissory note; and plaintiff claimed that, for the advances so made, he requested the defendants to enter a credit upon said note, which they declined to do, or to surrender said note, but assigned said note, which was also indorsed by Samuel Thompson to the Discount & Deposit [684]*684Bank of Brownsville, and by said bank the same was placed in the possession of the First National Bank of Fairmont, in the state of West Virginia, for collection, and in 1873 John W. Corrothers, who was surety on said note, paid the whole amount of the same to the First National Bank of Fairmont, and took up the same; that neither said Samuel Thompson nor the said Discount & Deposit Bank of Brownsville had any interest in said note at the time of its payment by said Corrothers, nor at any time, but that the same was only placed in said Discount & Deposit Bank for collection, and that the funds subject to the plaintiff’s equity were the funds of the said George W. Poundstone and Mary Poundstone, and that plaintiff, having fully paid off said note, was entitled to have the same surrendered to him for cancellation long before its payment by said Corrothers, his surety as aforesaid, and that said proceeds of said note then in possession of the First National Bank of Fairmont were subject to plaintiff’s equity, and that he was entitled to pursue and reduce the same to possession, or to attach the same to answer any decree he might obtain against said George W. Poundstone for the said sum of $3,300.16, and the further sum of $50.00, in the aggregate $3,350.16 justly due to plaintiff* from said G. W. Poundstone, on account of the advances aforesaid ; said George W. Poundstone, Mary Poundstone, Samuel Thompson, and the Discount & Deposit Bank of Brownsville being residents of the state of Pennsylvania. He prayed that an attachmeut might issue directed to said First National Bank of Fairmont, requiring it to answer, and say what funds, money, or property of the said Mary Poundstone, George W. Poundstone, or the Discount & Deposit Bank of Brownsville or Samuel Thompson are in its possession or under its control, and that said fund be subjected to the payment of plaintiff’s claim.

The defendant Mary A. Poundstone answered said bill, denying all of its material allegations, claiming that the sum of $3,240.00 was loaned to plaintiff out of her separate estate, and that she took plaintiff’s note therefor, with John W. Cor-rothers as his surety, and that plaintiff* was informed that said money was her own separate property at the time of the [685]*685loan, and the reason said note was made payable to her husband and herself was because she was about starting to Europe, and if anything happened to her while she was in Europe she wanted it so that her husband could collect the money, and there was no intention to change the ownership of the same, either in whole or in part; that said contract was made in Pennslyvania, and her rights are governed by the laws of that state, under which she is now, and always has been, entitled to said money, free from the control of her husband ; and she denied that she had ever done anything which would make said money liable in any way to the payment of any debt or liability of her said husband, or to be incumbered in any manner by him, and that she is justly entitled to said money in said bauk. ¡She denied any knowledge of said alleged copartnership, but claimed that her said husband loaned money at different times to plaintiff amounting to $1,100.00, and that in February, 1873, they had a settlement, when it was ascertained that plaintiff owed her husband $1,827.00 ; .that he paid $500.00 of said amount, and promised to pay the residue at different times. She denied that she ever agreed or consented that any capital or money furnished in said copartnership by plaintiff'should be credited on said note for $3,240.00, or should constitute credits on said note, and that plaintiff never pretended to have any offsets against said note, and she never heard of any until said note was sent to said First National Bank of Fairmont for collection, where she sent it at plaintiff’s request. That said Cor-rothers paid said money into bank, and took up said note at the request of plaintiff', so that he might bring said suit, and’ attach the money; and she denied, further, that plaintiff' ever paid one cent to her or her husband which should have been credited on said note, and she prayed that the money so paid into said First National Bank of Fairmont be decreed to her. Said First National Bank of Fairmont answered, admitting the collection and possession of the money due upon said note, and expressed its readiness to account for same, with four percent, interest thereon from October 17, 1873. John W. Oorrothers also answered said bill, saying he believed its allegations were true, and that he paid said note as the surety of plaintiff, with its interest, into said bank, to save him[686]*686self from suit and vexation, and that plaintiff became liable to him for the amount thereof.

Numerous depositions were taken, both by plaintiff and defendant, and said cause was referred to a commissioner to settle the partnership accounts between the plaintiff and George W. Pouudstone; and on the 21st day of April, 1876, said cause was finally heard upon the report of said commissioner, and the papers theretofore read ; and the court decreed that the plaintiff was entitled to recover from George W.

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Cite This Page — Counsel Stack

Bluebook (online)
11 S.E. 228, 33 W. Va. 682, 1890 W. Va. LEXIS 34, Counsel Stack Legal Research, https://law.counselstack.com/opinion/radcliff-v-corrothers-wva-1890.