Stoutimore v. Clark

70 Mo. 471
CourtSupreme Court of Missouri
DecidedOctober 15, 1879
StatusPublished
Cited by17 cases

This text of 70 Mo. 471 (Stoutimore v. Clark) is published on Counsel Stack Legal Research, covering Supreme Court of Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Stoutimore v. Clark, 70 Mo. 471 (Mo. 1879).

Opinion

Norton, J. —

Joseph Clark died in the county of Clay in 1857, leaving a will, which was duly admitted to probate, containing the following provisions, viz: “I give and bequeath the farm on which I now reside, containing two’ hundred and forty acres of land, to my beloved wife during her natural life, and after her death I give and bequeath the said farm to my youngest son (Joseph Y. Clark), to be his to have and dispose of as he may desire. Rut in consideration of the above bequest, I require the said Joseph Y. Clark to pay to my daughters, Eleanor J. and Sarah M. each the sum of Three Hundred Dollars, the money to be paid after he obtains the farm.”

The testator’s wife having died in August, 1859, Joseph Y. Clark, the devisee obtained possession of the said farm of 240 acres of land at that time. The said Joseph Y. Clark died in March, 1875, without having fully paid, as required by the will, the sum of $300 to each of testator’s daughters, Eleanor J. and Sarah M. In the meantime the said Eleanor J. intermarried -with Josiah Stoutimore, and the said Sarah M. intermarried with Thomas Hamilton. On the 20th of March, 1876, the said Eleanor J, and her husband, and the said. Sarah M. and her husband, instituted separate suits in the Clay county circuit court, for the purpose of establishing the said respective sums of $300 with interest, less the amounts paid thereon, as a lien and charge upon the land devised, and praying for a sale of the same to satisfy the charge.

[475]*475The land which was asked to be sold for the payment of the claims of said Eleanor J. and Sarah M., being situated in Clay county, and the Missouri City Savings Bank having on the 27th day of March, 1874, obtained in the Clay circuit court a judgment against said Joseph T. Clark for the sum of $5,366 66-100, the said Missouri City Savings Bank was by order of the said circuit court made a party defendant in said suits with leave to plead. The said Joseph Y. Clark, on the 19th day of September, 1874, having borrowed of John Chrisman the sum of $1,200, for which he executed his note with A. J. Calhoun as security, and to further secure said note, also executed a deed of trust to 160 acres of the said 240 acres of land, in which said deed John A. Benny was the trustee, the court by its order made the said Chrisman and said trustee parties defendant to the said suits of Eleanor J. and Sarah M. and their husbands.

After said order was made the said Missouri City Savings Bank filed separate answers in said suits alleging that it was a banking corporation duly organized under the laws of Missouri and setting up said judgment for' $5,366.66-100 as a lien on said land, and its allowance against the estate of said Joseph Y. Clark, who died in March, 1875. Defendant Chrisman also filed his separate answers in said suits in the nature of cross bills, denying that the bequests of $300 each to the said Eleanor J. and Sarah M. were charges or liens on the land devised in the will of the testator. Said answers also set up the statute of limitations, set up his note for $1,200 and the deed of trust given to secure it, prayed for a foreclosure of the same, and the sale of the 160 acres embraced in the deed, and that the proceeds thereof be first applied to the payment of the note secured by said deed. Defendant Chris-man also filed his cross answers to the separate answers of the said Missouri City Savings Bank alleging among other things that the note of Joseph Y. Clark to said Chrisman was the individual debt of said Clark and was not the debt [476]*476of the firm of Gilmer, Clark & Co. that the firm of Gilmer, Clark & Co. was composed of John A. Gilmer, William J. Gilmer, Samuel P. Clark and Joseph Y. Clark; that the judgment set up by the Missouri City Savings Bank was the debt of the said firm of Gilmer, Clark & Co.; that said Joseph Y. Clark, by signing the note for $4,000 on which said judgment was obtained, became a member of said firm as from the beginning; that the Missouri City Savings Bank was not a corporation. The Missouri City Savings Bank filed its separate replications to the cross answers of said Chrisman, alleging therein that Joseph Y. Clark never was a member of the firm of Gilmer, Clark & Co., and that the said judgment against Clark was a lien on said Clark’s real estate prior to that of said Chrisman under the deed of trust.

The separate suits of the said Eleanor J. and Sarah M. and their husbands, were consolidated by order of the court, and on the trial thereof the court rendered judgment, and, after decreeing that the bequests of $300 each to Eleanor J. and Sarah M. Clark, were liens and charges on said 240 acres of land, ordered the sale of the said land, and directed that the proceeds arising therefrom should be applied, first to the payment of costs of suit, second to the payment of said bequests, third to the payment of the judgment of the Missouri City Savings Bank, and fourth to the payment of the debt of Chrisman. Defendant Chrisman filed his motions for new trial and in arrest of judgment, which being overruled he brings the case before us on appeal.

Although exception was taken to the action of the court .in decreeing the bequest of $300 to each of testator’s daughters to be a charge on the land devised, the exception is expressly abandoned and the decree in that respect is conceded by appellant’s counsel to be correct. The only grounds relied upon for a reversal of the decree are, first, that the court erred in giving priority to the judgment of of the Missouri City Savings Bank over the $1 200 note [477]*477of Chrisman, secured by the deed of trust, and directing its payment, first, before tbat of the claim of said Chrismar. ; second, that the evidence showed that Joseph Y. Clark was a member of the firm of Gilmer, Clark & Co. and that the judgment in favor of the hank being founded on a partnership debt, and the said land being the individual property of, said Clark, the proceeds arising from the sale of it should be applied in payment of the individual debt to Chrisman in preference to the firm debt to the bank.

In support of these positions it is insisted by counsel that, inasmuch as, on the trial of the cause, the Missouri City Savings Bank failed to introduce evidence establishing the fact that it was a corporation, the said judgment rendered in its favor was a nullity and did not create a lien upon the real estate of Clark.

We think the view thus taken is unsound. The note upon which said judgment was rendered is as follows:

“$4,000. Missouri City, July 1st, 1870.

Four months after date we promise to pay to the order of the Missouri City. Savings Bank, Four Thousand Dollars, negotiable and payable at the office of Missouri City Savings Bank, Missouri City, Mo., without defalcation or discount, for value received, with interest at ten per cent per annum from maturity until paid.

Gilmer, Clark & Co
J. Y. Clark.
R. G. Gilmer, Security.”

We think it clear that in the suit instituted by the bank on this note Clark would not have been allowed to deny the corporate existence of the bank for the reason that by executing the note he admitted the fact that it was a corporation, which estopped him from disputing it. This principle was distinctly enunciated in the case of National Insurance Co. v. Bowman, 60 Mo. 252, following the case of Farmers and Merchants Insurance Co. v. Needles, 52 Mo. 17, and the case of O. & M. R. R. Co. v.

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

Related

Refco, Inc. v. Heinold Commodities, Inc.
746 S.W.2d 375 (Supreme Court of Arkansas, 1988)
Clark Estate Co. v. Gentry
240 S.W.2d 124 (Supreme Court of Missouri, 1951)
May v. Penton
16 P.2d 35 (Wyoming Supreme Court, 1932)
Denvir v. Crowe
9 S.W.2d 957 (Supreme Court of Missouri, 1928)
State Ex Rel. Courtney v. Callaway
237 S.W. 173 (Missouri Court of Appeals, 1922)
Abington v. Townsend
197 S.W. 253 (Supreme Court of Missouri, 1917)
Atchison v. Crawford County Farmers' Mutual Fire Insurance
180 S.W. 438 (Missouri Court of Appeals, 1916)
Swofford Bros. Dry Goods Co. v. Owen
1913 OK 413 (Supreme Court of Oklahoma, 1913)
Johnson v. Stebbins-Thompson Realty Co.
66 S.W. 933 (Supreme Court of Missouri, 1902)
West Missouri Land Co. v. Kansas City Suburban Belt Railroad
61 S.W. 847 (Supreme Court of Missouri, 1901)
Ahlers v. Thomas
56 P. 93 (Nevada Supreme Court, 1899)
Bradley v. Reppell
32 S.W. 645 (Supreme Court of Missouri, 1896)
Stuyvesant v. Western Mortgage Co.
22 Colo. 28 (Supreme Court of Colorado, 1895)
Ragan v. McElroy
98 Mo. 349 (Supreme Court of Missouri, 1889)
Glenn v. Bergmann
20 Mo. App. 343 (Missouri Court of Appeals, 1886)
Broadwell v. Merritt
87 Mo. 95 (Supreme Court of Missouri, 1885)
Hasenritter v. Kirchhoffer
79 Mo. 239 (Supreme Court of Missouri, 1883)

Cite This Page — Counsel Stack

Bluebook (online)
70 Mo. 471, Counsel Stack Legal Research, https://law.counselstack.com/opinion/stoutimore-v-clark-mo-1879.