Rumsey v. Boutwell

15 N.Y.S. 765, 68 N.Y. Sup. Ct. 165, 39 N.Y. St. Rep. 929, 61 Hun 165, 1891 N.Y. Misc. LEXIS 127
New York Supreme Court·Decided September 9, 1891·Published·Cited by 5 cases

Opinions

Learned, P. J.

This is an appeal from a judgment on a verdict for the plaintiffs directed by the court. The only point which the appellant urges on this appeal is that he was entitled to go to the jury, and especially upon the question “whether this corn was ever actually purchased by the plaintiffs, as the plaintiff Rumsey is the only evidence on the subject.” The action is for a balance alleged to be owing plaintiffs upon a purchase of corn, which the plaintiffs claim that they actually made for defendant’s firm. It was admitted that in August, 1886, defendant’s firm requested plaintiffs to buy a certain amount of October corn at 45 cents a bushel. An important question is whether the plaintiffs did make this purchase. It was admitted that in such cases it was the custom of brokers to purchase grain in their own names, without disclosing their principals, and that defendant’s firm knew óf this custom. The plaintiff Rumsey testified: “On the l'4th of August, 1886, we purchased this amount of corn at 45 cents a bushel. We made this purchase for defendants under this custom.” He further testifies that they bought this corn of certain persons, naming them; that it was delivered to them by receipts from elevators; that it was handled by receipts demanding that amount of corn, and in no other way; that it was never actually moved from one place to another. He produced certain slips,—“contract slips,” as they are called, —which he stated were made at the time, representing the purchase. The first is signed by no one; the others purport to be signed by five different parties, and are as follows, (excepting signatures:)

“Chicago, 8, 14, 1886.
“We hereby confirm sales made by us to-day under the rules of the Chicago Board of Trade, as follows, to Rumsey and Buell:
Amount. Kind of property. Delivery. Price.
10 corn Oct. 45
“Bensley Bros.”

The plaintiffs advised defendant’s firm on the same day of the purchase, and several letters of plaintiffs to defendant’s firm are produced which refer to the purchase. Drafts were drawn by plaintiffs on the defendant’s firm, and were paid. Finally the price of corn further declined, and plaintiff Rumsey testifies that on or about September 27th they sold the corn for considerably less than 45 cents per bushel. The difference, less what had been paid by defendant’s firm, is the amount recovered. On October 1st—the time when the ■ corn is alleged to have been sold—the plaintiffs wrote defendant’s firm, saying: “The corn upon your purchase was delivered this morning to us, and delivered out again upon your sale. ” The defendant urges that this shows that there was no real purchase made on the 6th of August, as claimed by plain- ■ tiffs. The learned justice, in his charge, stated in two places that the plaintiffs did buy the corn, and paid the money for it; so that he must have as-sumed that the testimony of plaintiff Rumsey established an actual purchase. [767] There is no testimony showing the meaning of “October corn.” It may be that the order given by defendant’s firm implies that no immediate delivery was intended. There was no witness for the plaintiffs other than plaintiff Bumsey. At the close of the case the court directed a verdict for plaintiffs. The defendant excepted to this, and also asked to go to the jury on the question whether the corn was ever actually purchased by plaintiffs, as plaintiff Bumsey was the only witness on that subject. This was refused, and defendant excepted.

Free access — add to your briefcase to read the full text and ask questions with AI

Rumsey v. Boutwell, 15 N.Y.S. 765, 68 N.Y. Sup. Ct. 165, 39 N.Y. St. Rep. 929, 61 Hun 165, 1891 N.Y. Misc. LEXIS 127 (N.Y. Super. Ct. 1891).

15 N.Y.S. 765 (Rumsey v. Boutwell) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Banellis v. Yackel
405 N.E.2d 185 (New York Court of Appeals, 1980)
Poole v. First Nat. Bank of Smyrna
196 S.W.2d 563 (Court of Appeals of Tennessee, 1946)
Arnd v. Aylesworth
123 N.W. 1000 (Supreme Court of Iowa, 1909)
Sonnentheil v. Christian Moerlein Brewing Co.
172 U.S. 401 (Supreme Court, 1899)