Stockgrowers State Bank v. Shultz

276 P. 532, 40 Wyo. 274, 1929 Wyo. LEXIS 35
CourtWyoming Supreme Court
DecidedApril 16, 1929
Docket1534
StatusPublished

This text of 276 P. 532 (Stockgrowers State Bank v. Shultz) is published on Counsel Stack Legal Research, covering Wyoming Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Stockgrowers State Bank v. Shultz, 276 P. 532, 40 Wyo. 274, 1929 Wyo. LEXIS 35 (Wyo. 1929).

Opinion

RiNER, Justice.

This case is before the court upon direct appeal from a judgment entered upon the verdict of a jury directed by the District Court of Washakie county in favor of defendant and respondent Ruby C. Shultz. The action was *277 instituted by tbe plaintiff and appellant, the Stockgrow-ers State Bank, against Shultz and also one George D. Cureton. The latter never having been served with process and never having appeared in the ease, it proceeded to trial and judgment with Schultz as the only party defendant.

The plaintiff’s petition contains two causes of action, but inasmuch as appellant states in his brief that all claims under the alleged second cause have been settled in other litigation, it is unnecessary to regard it here. An abstract of the petition’s first cause of action is to the following effect: That the plaintiff is a Wyoming corporation, engaged in the banking business at Worland, Wyoming; that Ruby C. Shultz and George D. Cureton were partners on September 20, 1918, in the conduct of a retail drug store in the town of Worland under the firm name of George D. Cureton; that prior to the date last mentioned, the defendants purchased from L. A. Millard a drug stock and fixtures in said town for $9,606.10, of which amount $6,106.10 had been paid the vendor; that prior to the sale the parties to it made no attempt to comply with the requirements of Sections 4720, 4721 and 4722, W. C. S. 1920, commonly known as the Bulk Sales Act; that at the date of the sale and also of the agreement presently to be mentioned, Millard owed $5,100 to the plaintiff, $3,700 to the First National Bank of Wor-land, $2,500 to Davis Brothers Drug Company, a Colorado corporation, and $3,500 to other wholesale creditors; that on September 12, 1918, plaintiff brought an action against Millard in the District Court of Washakie County, Wyoming, to recover the amount due it as aforesaid, and procured an attachment order and garnishment for $5,000 in cash, claimed by plaintiff to be Millard’s property in the hands of the Wyoming Sugar Company; that Millard at the time of his drug store sale was insolvent, and the defendants, to enable plaintiff to recover *278 its claim from Millard and to avoid liability under tbe Wyoming Bulk Sales law, and also to prevent initiation of bankruptcy proceedings, proposed to plaintiff jointly with the First National Bank of Worland and the Davis Brothers Drug Company, that if plaintiff would prosecute the attachment suit aforesaid and refrain from endeavoring to collect its debt from defendants and from undertaking to initiate bankruptcy proceedings against Millard, that in the event the plaintiff did not realize the full amount due it on its claim against Millard, then the defendants would share such loss with the plaintiff and share also the actual costs of such suit and the attorney’s fees therein not to exceed $400; that on September 20, 1918, plaintiff and defendants, the First National Bank of Worland, and the Davis Brothers Drug Company, executed a memorandum in writing setting forth the conditions upon which the other parties thereto would share such loss, if any, and the ratio thereof, as well as the share each should pay of the court costs and attorney’s fees expended by plaintiff in said suit — the memorandum and signatures thereto being set out verbatim; that plaintiff prosecuted its attachment suit with the result that it was finally lost, and there was a failure to obtain any portion of the debt alleged to be due it from Millard; that plaintiff complied with all the terms and conditions of this agreement on its part, by it to be performed; that the proportionate share of the loss so sustained by plaintiff and which the defendants agreed to pay is the sum of $2,033.13; that there is due from the defendants to plaintiff on account of the portion of attorney’s fees and costs, which the defendants also agreed to pay, the sum of $150.87, and that these sums remain unpaid, although plaintiff has demanded them of the defendants. The answer of the defendant Shultz was a general denial.

A jury having been requested, the trial proceeded and at the close'of plaintiff’s case the defendant Shultz declined to introduce any evidence but also rested his case. *279 Whereupon both parties moved the court for a directed verdict. The motion of Shultz being sustained, that of the plaintiff being denied, the jury was given a peremptory instruction to find in favor of defendant and the usual form of judgment was entered thereon.

A number of assignments of error have been made and argued by appellant upon this record. They principally relate to the rejection of evidence by the court during the course of the trial. The agreement of September 20, 1918, pleaded in plaintiff’s petition was received in evidence and shows'that it has attached to it, with the signatures of the other parties already mentioned, the signature “George D. Cureton,” but not that of the defendant and respondent Buby C. Shultz. It is claimed for appellant, however, that on the date the agreement was executed, Cureton and Shultz were partners in the conduct of a retail drug- and pharmacy store “under the firm name and style of George D. Cureton.” The pivotal question in the ease therefore is, whether the general finding below that there was no such partnership at the time the agreement was signed — the legal effect of granting defendant’s motion for a directed verdict (O’Brien v. Galley-Stockton Shoe Co., 65 Colo. 70, 173 Pac. 544; Glanzer v. Shepard, 233 N. Y. 236, 135 N. E. 275, 23 A. L. R. 1425; Campbell v. Willis, 53 App. D. C. 296, 290 Fed. 271; Buetell v. Magone, 157 U. S. 154, 15 Sup. Ct. 566, 39 L. Ed. 654) was clearly against the weight of the evidence before the trial court. Where each party has requested that a peremptory instruction be given the jury in his favor, the rule in this court is as stated in Sneider v. Big Horn Milling Co., 28 Wyo. 40, 200 Pac. 1011.

“It appears in this case that each party, at the close of the testimony, asked the court for a directed verdict, without at any time, before or after the ruling of the court thereon, asking that the jury pass upon any questions of fact. By this course they waived the right to have the jury pass on any question of fact, and trans *280 ferred its functions to the court. A finding of fact by the court made under such circumstances should not be set aside by a reviewing court unless clearly against the weight of the evidence.”

A careful review of each particle of evidence before the District Court on the point in question demonstrates, we think, the situation to be this: That the defendant Shultz furnished the largest part of the money which was used to purchase the drug stock and fixtures from Millard; that the written contract evidencing the agreement of the parties concerning this purchase was dated August 2, 1918, recited that it was between “L. A. Millard of Worland, Wyoming, party of the first part, and Geo. D.

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Bluebook (online)
276 P. 532, 40 Wyo. 274, 1929 Wyo. LEXIS 35, Counsel Stack Legal Research, https://law.counselstack.com/opinion/stockgrowers-state-bank-v-shultz-wyo-1929.