Stanton v. Kenrick

35 N.E. 19, 135 Ind. 382, 1893 Ind. LEXIS 237
Indiana Supreme Court·Decided November 1, 1893·No. 16,304·Published·Cited by 32 cases

Opinion

Howard, J.

This was a proceeding by the appellee Charles D. Kenrick to secure equitable relief by a judgment against the appellant on the assumption, by appellant, of payment of a mortgage debt due by the appellee Kenrick to the appellee Edward W. Bowen. The latter was also made a defendant.

' The complaint, in substance, states that on December 3, 1887, appellee Kenrick executed to Abner H. Bowen [383] notes for $458.88, and, to secure their payment, he and his wife executed their mortgage on certain real estate; that said Abner H. Bowen indorsed said notes to appellee Edward W. Bowen, who, on April 17, 1890, recovered judgment on said notes in the Carroll Circuit Court against appellee Kenrick for $525.68, and a decree of foreclosure of said mortgage; that on March 9, 1889, appellant and appellee Kenrick mutually agreed, the said appellee to sell and appellant to buy of appellee the land described in said mortgage, to Bowen, and, in pursuance thereof, Kenrick and wife executed their deed therefor to appellant, who accepted the same and took possession of said real estate; that as part of the consideration for said deed, expressed therein, the appellant assumed the payment of said notes and mortgage. Wherefore, etc., prayer for equitable relief and for judgment against appellant for said $525.68, and interest thereon from April 17, 1890.

Copies of said notes, mortgage, and deed were made exhibits with the complaint.

A demurrer to the complaint for want of facts was overruled.

The answer was in three paragraphs, the second being a verified general denial. The first paragraph did not differ-materially from the third.

The third paragraph of answer was as follows:

After admitting the execution of the notes and mortgage to Abner H. Bowen, and the indorsement of the same to appellee, Edward W. Bowen, it is averred that “on or about March 9th, 1889, one Albert Stanton, a brother of this defendant, was about to purchase of said Kenrick the lands described in the complaint; and, to enable him to pay for the same, borrowed from the Citizens’ Bank of Delphi, Indiana, the sum of $350, executing to said bank his promissory note therefor, this de[384] fendant signing the same as surety for said Albert; that to secure and save this defendant from loss upon the liability so assumed by him as such surety to said bank, it was agreed, between said Kenrick and Albert Stanton and this defendant, that the deed of conveyance for said lands should be made to this defendant, he to hold and retain the same as a security until the payment of said note for $350 to the Citizens’ Bank, when and at which time this defendant should reconvey the said real estate to the said Albert Stanton; that the said plaintiff, Ken-rick, did not, at that time, or at any other time since, tender or deliver a deed of conveyance of said lands to this defendant, who never, at any time, received or accepted any such Seed of conveyance, nor did this defendant, at any time, promise, undertake or assume to pay and satisfy the said notes of Kenrick, held by the said Bowen, as alleged in the complaint, nor was he, or is he, liable thereon.

“This said defendant further avers that on the 13th day of January, 1890, the said Edward W. Bowen commenced an action in the said Carroll Circuit Court, of Indiana, upon said notes, and to foreclose said mortgage described in the complaint, making parties defendant to said action the plaintiffs in this cause, said Albert Stanton and this defendant; that said Bowen, in his complaint filed in said action, among other things, alleged ‘that on the 9th day of March, 1889, said defendants, Charles D. Kenrick and Martha B. Kenrick, his wife, conveyed by deed all the real estate described in said mortgage to said defendant, Squire B. Stanton, whereby said defendant, Squire Stanton, as a part of the purchase money for said real estate, assumed and agreed to pay all the notes secured by said mortgage, including the notes sued upon in this complaint, thereby becoming the payor to the payee of said notes. Said plaintiff [385] further avers that, by virtue of said deed of conveyance, Squire Stanton is claiming to be the owner thereof. * * * Wherefore, plaintiff demands * * * • a personal judgment over against Charles D. Kenrick and Squire Stanton.’

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

Stanton v. Kenrick, 35 N.E. 19, 135 Ind. 382, 1893 Ind. LEXIS 237 (Ind. 1893).

35 N.E. 19 (Stanton v. Kenrick) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Cook v. American States Insurance Company
275 N.E.2d 832 (Indiana Court of Appeals, 1971)
Indiana Department of State Revenue v. Colpaert Realty Corp.
109 N.E.2d 415 (Indiana Supreme Court, 1952)
Johnson v. Herring
295 P. 1100 (Montana Supreme Court, 1931)
Donian v. Danielian
266 P. 817 (California Court of Appeal, 1928)
Knotts v. Clark Construction Co.
131 N.E. 921 (Indiana Supreme Court, 1921)
Henry v. Gant
129 N.E. 408 (Indiana Court of Appeals, 1921)
Laramore v. Blumenthal
108 N.E. 602 (Indiana Court of Appeals, 1915)
Simons v. Kosciusko Building, Loan & Savings Ass'n
103 N.E. 2 (Indiana Supreme Court, 1913)
Walb v. Eshelman
176 Ind. 253 (Indiana Supreme Court, 1911)
Chicago & Eastern Illinois Railroad v. Coon
93 N.E. 561 (Indiana Court of Appeals, 1911)
Vandalia Railway Co. v. Keys
91 N.E. 173 (Indiana Court of Appeals, 1910)
Clarkson v. Wood
81 N.E. 572 (Indiana Supreme Court, 1907)
Ditchey v. Lee
78 N.E. 972 (Indiana Supreme Court, 1906)
Flood v. Templeton
83 P. 148 (California Supreme Court, 1905)
McAfee v. Bending
76 N.E. 412 (Indiana Court of Appeals, 1905)
Gutheil v. Goodrich
66 N.E. 446 (Indiana Supreme Court, 1903)
Whitcomb v. Stringer
66 N.E. 443 (Indiana Supreme Court, 1903)
Todd v. Oglebay
64 N.E. 32 (Indiana Supreme Court, 1902)
Pape v. Ferguson
62 N.E. 712 (Indiana Court of Appeals, 1902)