Robenson v. Tonn

13 S.W. 385, 76 Tex. 535, 1890 Tex. LEXIS 1306
CourtTexas Supreme Court
DecidedMarch 11, 1890
DocketNo. 2612
StatusPublished
Cited by14 cases

This text of 13 S.W. 385 (Robenson v. Tonn) is published on Counsel Stack Legal Research, covering Texas Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Robenson v. Tonn, 13 S.W. 385, 76 Tex. 535, 1890 Tex. LEXIS 1306 (Tex. 1890).

Opinion

STAYTON, Chief Justice.

We concur in the holding of the court below that neither Theodore Tonn nor the county judge were necessary-parties to this action; and in the further holding that the bond given to-secure the faithful discharge of the duties of the guardian of the estates-of Theodore and O. J. Tonn was binding on the sureties as fully, in so far as the right of appellee is concerned, after the discharge of the guardian from further liability to his ward Theodore as was it before.

The other questions arise on the following facts:

In July, 1877, Jefferson Bassett was appointed guardian of the estates of Theodore and O. J. Tonn, and to secure the faithful discharge of his duties he executed a bond on which A. J. Roberson and B. H. Bassett were sureties.

On March 16, 1881, there was in the hands of the guardian belonging to his ward 0. J. Tonn the sum of 82000, which, without compliance with law, he on that day loaned to the banking firm of Bassett & Bassett, composed of the guardian Jefferson Bassett and the surety B. H. Bassett.

To evidence this transaction a certificate of deposit, payable one year after its date and bearing six per cent interest per annum, was executed to the guardian by the banking firm.

On January 1, 1885, the guardian filed an account with his ward, which showed an indebtedness at that time to his ward’s estate amounting to $1882.45, which embraced interest on the certificate of deposit.

On May 25, 1885, the guardian died without having restored this sum to his ward’s estate, and without leaving any estate other than partnership effects subject to the payment of debts.

Three days after his death B. H. Bassett, the surviving partner and surety on the guardian’s bond, made an assignment, in the form required by the statute, of all the partnership property of the firm of Bassett & Bassett and of himself subject to forced sale, for the benefit of such of [539]*539the creditors of the firm and of himself as would consent to take under it and release him.

The deed of assignment was signed by the assignees, who qualified under it and proceeded to administer the trust estate in accordance with the provision of the statute regulating assignments for the benefit of creditors.

On the 26th of September, 1885, George Roberson was duly appointed guardian of plaintiff’s estate, and afterwards, on the same day, duly accepted of the assignment and presénted to the assignees an account properly authenticated against the estate of Bassett & Bassett for §1882.45 and interest from January 1, 1885, balance then due his ward, as per exhibit of guardian filed that day. The account was duly allowed by the assignees.

Upon this claim two dividends were paid, which amounted to thirty-five per cent of the claim presented, and it is shown that dividends amounting to fifty per cent of the claim will probably be paid.

Roberson, guardian, received from the assignees a dividend of thirteen per cent on the claim of his ward,- and the latter, after he became of age, through his attorneys received another amounting to twenty-two per cent of his claim.

The court found that “the dividend of $414.10 was paid to plaintiff’s attorneys, Garrett, Searcy & Bryan, who thereafter paid the same over to plaintiff, said attorneys having full knowledge of all the facts concerning the assignment. Plaintiff also received through his said attorneys all of the first dividend above named, except amount reserved to meet court expenses of guardianship.”

The inference from the record is that some further payment would be made from the assigned estate.

This action was brought by the ward against sureties on his first guardian’s bond, and the court held that each of the sureties was liable for the full amount of the guardian Bassett’s indebtedness, less such sum as had been received from the assignees.

The court further held that it Avas unnecessary to determine whether the assignment was valid as an assignment under the statute or at common law; for be that as it might, the “plaintiff has estopped himself from raising the issue by acquiescence in and accepting dividends under the assignment.”

The court, however, did hold that on account of the separate sources of obligation resting on B. H. Bassett he was not released from individual liability as surety by reason of the fact that appellee had accepted under the assignment.

The court gave two reasons for this holding:

“1. Because that liability and the amount thereof, if any, at the time of the assignment, and for more than six months thereafter, was uncertain and contingent and not a provable claim in bankruptcy.”

[540]*540Was it true that the claim was of such nature as could not be allowed by the assignees ?

The claim which was presented and allowed was in amount the same as made the basis of the judgment in this case, and B. H. Bassett was liable for it as surety, as was he as a member of the firm of Bassett & Bassett.

His dual liability existed from the moment his firm .received the money, for in the act of lending his principal committed a devastavit, and in the act of borrowing he became individually liable, notwithstanding .the firm of which he was a member, as between themselves, were jointly bound.

We do not see wherein his individual liability was in anywise uncertain or contingent.

Whether it would become necessary to resort to his individual liability to secure the debt may have been uncertain, but there was neither such uncertainty nor contingency as to his liability as would have precluded the allowance of every claim that at any time might be asserted against him as surety or partner.

The second ground was “because his liability as surety is of a separate nature, and against himself individually, and was primarily a demand against his separate estate in the hands of the assignees in case it could have been and had been proved up, while the claim actually proved up and allowed by the assignees was against Bassett & Bassett and arose out of a copartnership transaction and was a demand primarily against the copartnership assets, and represented an amount which did not necessarily .and probably does not indicate the amount of B. H. Bassett’s individual liability.”

It appears that all the separate estate of B. H. Bassett subject to forced sale passed by the assignment, as well as the partnership property, and that of the former more than sufficient to pay all sums due to appellee went into the hands of the assignees, but that notwithstanding this no •one solely an individual creditor of him presented a claim.

All the property to which creditors of any class could look was placed subject to their demands, and if under an assignment it were true that the individual creditors of B. H. Bassett had a right superior to that of creditors of the firm to have satisfaction of their claims out of his separate estate, it would seem that this was a case in which such a right might and ought to have been asserted, if it was not.

Ho such right, however, is recognized, for the separate estate of one partner is as fully liable for partnership debts as for his own personal obligations, although as between partners the firm assets constitute the primary fund for satisfaction of firm debts.

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Bluebook (online)
13 S.W. 385, 76 Tex. 535, 1890 Tex. LEXIS 1306, Counsel Stack Legal Research, https://law.counselstack.com/opinion/robenson-v-tonn-tex-1890.