Roeser v. Citizens-First National Bank of Independence

1924 OK 249, 227 P. 114, 100 Okla. 38, 1924 Okla. LEXIS 911
CourtSupreme Court of Oklahoma
DecidedFebruary 26, 1924
Docket12767
StatusPublished
Cited by1 cases

This text of 1924 OK 249 (Roeser v. Citizens-First National Bank of Independence) is published on Counsel Stack Legal Research, covering Supreme Court of Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Roeser v. Citizens-First National Bank of Independence, 1924 OK 249, 227 P. 114, 100 Okla. 38, 1924 Okla. LEXIS 911 (Okla. 1924).

Opinion

Opinion by

PINKHAM C.

There were five cases pending in the district court of Pawnee county, by numbers 444U, 4441, 4443, 4444, 4445. In all of these eases the defendant in error, the Citizens-First National Bank of Independence Kan., was the plaintiff, but the defendants in the cases were not the same. By agreement, all of these cases were *39 submitted to the court without the intervention of a jury at one hearing, all evidence in all the case's being submitted at one time.

Each case is an action upon promissory notes. The execution and delivery of these notes is admitted, and it is admitted that the defendant in error, the Citizens-First National Bank, was the owner of them, and that the First National Bank of Independence, Kan., and the Citizens National Bank of the same place consolidated and became the plaintiff in all of these actions.

The parties will be referred to as plaintiff and defendants as in the trial court.

The record discloses that these various cases were consolidated and tried as one case, No. 4440, by the consent of all the parties interested. At the conclusion of all the evidence the court made findings of fact and conclusions of law and judgment was rendered, as follows:

That the plaintiff, the Citizens-First National Bank, of Independence, Kan., have and recover of and from the defendant Henry Koeser, in cause No. 4440, the sum of $2,-329.59, with interest at S per cent, per an-num from date of judgment;

That in cause No. 4441, the plaintiff have and recover of and from the defendant Henry Roeser the sum of $5,241.67, with interest at 8 per cent, from this date, and that said sum be and the same is declared to be a first lien upon the undivided 3-32 interest in and to the oil, gas and mineral lease described in said judgment;

That in cause No. 4443, the plaintiff have and recover of and from the defendant Geraldine Oil Company, a copartnership composed of Henry Roeser and Emma A. Roeser, the sum of $4,007.66, together with, interest thereon at 7 per cent, from this date;

That in cause No. 4444, plaintiff have and recover of and from the defendants therein named, Henry Roeser and Emma A. Roeser, and each of them, the sum of $4,659.24, with interest at 8 per cent, from this date;

That in cause No. 4445, the plaintiff have and recover of and from the defendant Henry Roeser in said action the sum of $10,540.52, with interest at 7 per cent, from this date and that said sum be adjudged to be a first and valid lien upon the undivided 4-32 interest of Henry Roeser and upon the undivided 13-32 interest of Emma A. Roeser, in and to the partnership property known as the Geraldine Oil Company.

It was further by the court ordered, ad* judged, and decreed Unit judgments be entered in each of the separate causes named in accordance with this consolidated judgment; that after ten days an order of sale Issue in this cause, to wit, the Citizens-First National Bank of Independence, Kansas, v. Henry Roeser et al., No. 4440, consolidated, and that the same be levied upon the property of Henry Roeser and Emma A. Roeser copart-ners, and under the firm name and style of Geraldine Oil Company, describing in said judgment the specific lease involved in the action.

To all of which judgment and orders the defendants excepted.

Defendants filed their motion for new trial which was by the court overruled, exception taken, and the cause comes regularly on appeal to this court.

Defendant says in his brief:

“There are two questions Involved which will determine whether or not error was committed by the trial court: First, was the name of Emma A. Roeser signed to the contract of May 13, 1913, with her consent or by one having authority so to do? Sec- and, construction of the contract of May 13, 1913.”

As we understand the argument of counsel for defendants in his brief, the errors complained of have reference mainly to the judgment of the trial court in case No. 4445, as it is stated in defendants’ brief that in case No. 4440 the note therein set up has been paid, and the further statement contained in defendants’ brief that In case No. 4443' the judgment should be affirmed. As to cases No. 4441 and No. 4444, it does not appear from the brief of defendants or the abstract what, if any, errors were committed by the court in these cases except that defendant Emma A. Roeser claims that she should be credited with the balance claimed by her under her theory In case No. 4444.

The facts and circumstances relating to the contract of May 13, 1913, and the signing of the name of Emma A. Roeser thereto are substantially as follows:

The Geraldine Oil Company was a mining partnership ^owning certain described leases. On and prior to said date the interests in said partnership were as follows: R. S. Litchfield, 10-32: J. M. Landon, 8-32: Tartar Oil Company, 8-32; D. F. Craig, 3-82; Henry Roeser, 3-32; and on said date said partnership was indebted in a sum approximating $50,000, more or less. The Tartar Óil Company was owned by Henry Leschen and William Roeser. On the 13th day of May, 1913, the above named partners, ex *40 cepting the Tartar Oil Company, entered into a written contract by the terms of which Emma A. Roeser agreed to purchase, and did purchase, a 4-32 interest in said Geraldine Oil Company, and its properties, paying therefor the sum of $12,500 cash. Henry Roeser purchased a 4-32 interest in said Geraldine Oil Company, and in payment therefor executed a note for $10,000, dated May 13, 1913, to the First National Bank of Independence, Kan., the note sued upon in case No. 4445; and the Cleveland Petc-o-leum & Refining Company purchased a 13-32 interest in said Geraldine Oil Company. By said purchase the interests of the said Litch-field, Landon, and Craig, in and to the Geraldine Oil Company and its properties, were extinguished except in so far as said parties may have had a lien on the Geraldine Oil Company for the unpaid balance of the purchase price. By virtue of said contract dated May 13, 1913, which was reduced to writing and signed by all the former owners of the Geraldine Oil Company, and Emma E. Roeser and the Cleveland Petroleum & Refining Company, it was agreed that the consideration for the sale of the above interests by Litchfield, Landon, and Craig, to wit, 21-32, should be $65,625, being 21-32 of $100,000. Also, by ■ the terms of said contract it was agreed that -within nine months the parties of the second part, to wit, Henry Roeser, Emma A. Roeser, and the Cleveland Petroleum & Refining Company, should pay the indebtedness of the Geraldine Oil Company.

In addition the Cleveland Petroleum & Refining Company agreed to execute a note for the remainder of the purchase price after deducting therefrom the sum of $10,000, 'to be paid by the Henry Roeser note, and $12,500 to be paid by Emma A. Roeser in cash.

It was further agreed in said contract that upon the payment of the notes therein provided for and any renewals thereof, and upon being furnished with satisfactory evidence of the payment of the indebtedness of the Geraldine Oil Company, the said Litch-field, Landon, and Craig, were to execute and deliver to the Cleveland Petroleum & Refining Company, Emma A.

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Bluebook (online)
1924 OK 249, 227 P. 114, 100 Okla. 38, 1924 Okla. LEXIS 911, Counsel Stack Legal Research, https://law.counselstack.com/opinion/roeser-v-citizens-first-national-bank-of-independence-okla-1924.