State v. Jensen

280 P. 1039, 47 Idaho 785, 1929 Ida. LEXIS 196
CourtIdaho Supreme Court
DecidedJuly 3, 1929
DocketNo. 5172.
StatusPublished
Cited by3 cases

This text of 280 P. 1039 (State v. Jensen) is published on Counsel Stack Legal Research, covering Idaho Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
State v. Jensen, 280 P. 1039, 47 Idaho 785, 1929 Ida. LEXIS 196 (Idaho 1929).

Opinion

*788 BUDGE, C. J.

Appellant and one Abbott were charged jointly with the crime of conspiracy with one another and with J. W. Greenst.reet and C. R. Love, between the dates of September 1, 1926, and March 29, 1927, to obtain property and money by false pretenses “from such divers persons as they, the said defendants could induce to believe and act on such false pretenses,” by representing that certain bonds of the Chicago, Rock Island & Pacific Railroad Company, issued in 1902, and in the possession of the said defendants, were good, valid and marketable bonds, worth their face value, that said bonds were listed in stock market quotations appearing in current newspapers, and that said Chicago, Rock Island & Pacific Railroad Company was during all of said times an operating company, “whereas in truth and in fact said pretenses .... were utterly false and fraudulent, as the said defendants and each of them then and there well'knew.” Neither Greenstreet nor Love was ever apprehended or brought to trial. Abbott was acquitted, but appellant was convicted, and he appeals from the judgment and an order denying a motion for new trial.

We shall advert briefly to certain pertinent facts adduced upon the trial. Ivan Nelson had worked for appellant, and in 1925 purchased an automobile from him. In January, 1927, appellant went to Nelson’s place of business and requested him to sell the car to a buyer appellant had in view. Nelson agreed to take $1,500 for the car and appellant stated that he would ask $1,600 for it and thereby make |100 for himself. Nelson testified that appellant told him the prospective purchaser did not have the ready cash, but did have some railroad bonds, and that these were “A-l bonds, as good as $20-gold-pieces, ” which it was thought the party, would like to put up as security for a while. Later, appellant introduced to Nelson as the man inter *789 ested in the ear, a Mr. Love, and after a demonstration of the car to Love he produced some bonds and asked Nelson to take them as security for the purchase price of the car, and said he would redeem the bonds in less than thirty days. After Love had stated that a quotation of the bonds could be found in a newspaper and appellant had pointed out to Nelson in a newspaper procured for that purpose what purported to be a stock market quotation of the bonds in question, the automobile was delivered to Love, together with a bill of sale, and in return therefor Nelson was given two bonds of the Chicago, Rock Island & Pacific Railroad Company, each of the denomination of $1,000. A few days after this transaction, in a conversation with appellant, Nelson was advised that appellant had taken possession of the car as security for a loan to Love. Appellant sought to dissuade Nelson from endeavoring to secure a loan from a local bank, with one of the bonds as security, stating that the. bank would take the number of the bonds, and if there should be anything wrong with the bonds, if they were stolen bonds, they would be taken away from Nelson. After the expiration of thirty days from the time the bonds had been left with Nelson, he reminded appellant of this fact and appellant stated that he also was worried about the bonds and suggested that Nelson “peddle them to someone else and let somebody else hold the sack.” Nelson then took the bonds to the First National Bank in Boise, and was informed that they could not be sold or hypothecated for a loan, and advised appellant that he had the bonds investigated through the bank and was told that they were worthless.

In November, 1926, according to the testimony of state’s witness Graff, appellant told him he had some bonds which could be used in the purchase of a bus and would allow Graff to use them for that purpose. Graff took one of the bonds to an official of the Pacific National Bank, who had an investigation made through the Childs Bond & Mortgage Company, and the bond was subsequently returned by Graff to appellant with the information that investigation *790 disclosed the bonds were without value. On being shown the two bonds used in the Nelson deal, above referred to, witness Graff stated they were of the same description as the bond which appellant had delivered to him.

It was related by state’s witness Yandenberg that in January, 1927, appellant, who was introduced to the witness as “Mr. Abbott,” and a man calling himself J. W. Wilson, came to the place of business where the witness was employed, Wilson stating that he was interested in the purchase of an automobile, but “guessed it was practically out of the question, because he didn’t have his money right now.” “The fellow that was with him, Mr. Abbott, as I understood [identified by the witness as appellant], he spoke up and said, ‘Why don’t you put up these bonds?’ ” Wilson then told the witness he had some “Rock Island” bonds, “and wanted to know if there was any chance of buying the car if he put these up for ten or thirty days.” Yandenberg told Wilson they could “do business” if the bonds were properly identified. The next day the same two men again came to the witness’ place of business, handed certain bonds to him, and were told the bonds could not be accepted until a banker was consulted. Vandenberg started to write down the numbers of the bonds, “and Mr. Abbott, as I understood the other fellow to be, he said, ‘you don’t want to sign any note, you want a bill of sale.’ So Wilson took the bonds out of my hand, and that is the-last I saw of them.”

E. J. Hilton testified for the state that appellant owed him $4,800, and in December, 1926, appellant asked him if he would accept $4,000 cash in settlement of the debt. Hilton told appellant this would be agreeable, whereupon appellant stated that he had some bonds, or that he could trade for some bonds, and that appellant would either sell the same for $4,000 and turn the cash to Hilton, or Hilton could take the bonds themselves. Hilton said he would prefer the bonds, provided, after an investigation he found them what appellant represented them to be or what they purported to be. Pour bonds of the Chicago, Rock Island & *791 Pacific Railroad Company, each of the denomination of $1,000, were delivered to Hilton by appellant. Hilton had the bonds investigated, was informed that they were without value, and conveyed this information to appellant.

From the testimony set out above it is apparent that appellant had been advised from two different sources, in November and December, 1926, that the bonds were of no value, and later dealt with witnesses Nelson and Vandenberg looking to the transfer of the same, or similar, bonds to them with this -information. It also may be stated that what were represented by appellant and C. R. Love, alias J. W. Wilson, to be quotations of Chicago, Rock Island & Pacific Railroad Company bonds in the “Portland Oregonian,” mentioned by them in the transactions with Nelson, and Vandenberg were not in fact quotations of the bonds of that company but related to bonds of the Chicago, Rock Island & Pacific 'Railway Company.

Among other evidence offered by the state to prove that the bonds were without value, certain certified copies of the record of the proceedings in an action in foreclosure against the C. R. I. & P. R. R.

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Related

Mohr v. Shultz
388 P.2d 1002 (Idaho Supreme Court, 1964)
State v. Davis
238 P.2d 450 (Idaho Supreme Court, 1951)

Cite This Page — Counsel Stack

Bluebook (online)
280 P. 1039, 47 Idaho 785, 1929 Ida. LEXIS 196, Counsel Stack Legal Research, https://law.counselstack.com/opinion/state-v-jensen-idaho-1929.