Showers v. Henderson Nat. Bank

Court of Appeals of Kentucky

Showers v. Henderson Nat. Bank

9 Ky. Op. 191, 1876 Ky. LEXIS 392

DecidedNovember 21, 1876

StatusPublished

This text of 9 Ky. Op. 191 (Showers v. Henderson Nat. Bank) is published on Counsel Stack Legal Research, covering Court of Appeals of Kentucky primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Showers v. Henderson Nat. Bank, 9 Ky. Op. 191, 1876 Ky. LEXIS 392 (Ky. Ct. App. 1876).

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Opinion

Opinion by

Judge Lindsay:

As the appellant, Showers, repudiated the acts of his late partners in renewing in the firm name the notes by which the indebtedness of. this firm to the bank was evidenced, the bank was remitted back to its right to enforce the genuine firm notes. The amended petition [192]*192shows that the renewal notes were accepted under the reasonable belief that the parties executing them had the right to bind Showers by the continued use of the firm name. The acceptance of those notes under this mistake of fact did not amount to a novation, nor to a payment of the firm indebtedness. As there is nothing before us showing that Showers repudiated the note sued on till after suit had been commenced, nor that the bank had reason to suppose he would deny the authority of his late partners, the court below did not err in allowing an amended petition setting up the original .cause of action to be filed, instead of requiring the bank to dismiss its action, and commence de novo.

H. F. Turner, for appellant. Vance & Merritt, for appellee.

The only defense relied on by appellant is the plea of payment. There is no proof whatever tending to sustain that plea, except the fact that the proceeds of the notes now repudiated by Showers were placed to the credit of the firm, and the firm notes surrendered. As Showers does 'not deny that these notes were accepted under the mistake of facts heretofore mentioned, he cannot take advantage of the transaction. If he accepts the benefit of these renewal notes, he cannot repudiate the action of his former partner in attempting to bind him. ' If he does not choose to be bound by their action, he must consent that these transactions shall be wholly disregarded by the bank.

The court might, upon the proof and the pleadings, have instructed the jury to find for the appellee. It is not necessary, therefore, that we shall examine into the accuracy of the instructions given.

Judgment affirmed.

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Opinion by

Judge Lindsay:

As the appellant, Showers, repudiated the acts of his late partners in renewing in the firm name the notes by which the indebtedness of. this firm to the bank was evidenced, the bank was remitted back to its right to enforce the genuine firm notes. The amended petition [192]*192shows that the renewal notes were accepted under the reasonable belief that the parties executing them had the right to bind Showers by the continued use of the firm name. The acceptance of those notes under this mistake of fact did not amount to a novation, nor to a payment of the firm indebtedness. As there is nothing before us showing that Showers repudiated the note sued on till after suit had been commenced, nor that the bank had reason to suppose he would deny the authority of his late partners, the court below did not err in allowing an amended petition setting up the original .cause of action to be filed, instead of requiring the bank to dismiss its action, and commence de novo.

H. F. Turner, for appellant. Vance & Merritt, for appellee.

The only defense relied on by appellant is the plea of payment. There is no proof whatever tending to sustain that plea, except the fact that the proceeds of the notes now repudiated by Showers were placed to the credit of the firm, and the firm notes surrendered. As Showers does 'not deny that these notes were accepted under the mistake of facts heretofore mentioned, he cannot take advantage of the transaction. If he accepts the benefit of these renewal notes, he cannot repudiate the action of his former partner in attempting to bind him. ' If he does not choose to be bound by their action, he must consent that these transactions shall be wholly disregarded by the bank.

The court might, upon the proof and the pleadings, have instructed the jury to find for the appellee. It is not necessary, therefore, that we shall examine into the accuracy of the instructions given.

Judgment affirmed.

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Bluebook (online)

9 Ky. Op. 191, 1876 Ky. LEXIS 392, Counsel Stack Legal Research, https://law.counselstack.com/opinion/showers-v-henderson-nat-bank-kyctapp-1876.