Taylor County v. Olds

67 S.W.2d 1102
CourtCourt of Appeals of Texas
DecidedJanuary 19, 1934
DocketNo. 1213.
StatusPublished
Cited by26 cases

This text of 67 S.W.2d 1102 (Taylor County v. Olds) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Taylor County v. Olds, 67 S.W.2d 1102 (Tex. Ct. App. 1934).

Opinion

FUNDERBURK, Justice.

The county court, upon appeal from an award of commissioners, gave Mrs. Frances B. Olds judgment against Taylor county for damages in the amount of $432.60 for the taking for highway purposes of 6.18 acres of land, and $2,090 for the decreased value of the remainder of the same tract, consisting of 110.20 acres. Mrs. Olds, in her petition, alleged as a basis for determining the amount of damages the “market value” of the land taken, and as to the land not taken alleged variously its “reasonable worth”; that certain alleged facts “will materially decrease and lessen the value thereof”; that “its market value will be decreased' at least 33⅛ percent of the value thereof, or a total of $2,-757.50”; and that a number of alleged facts “are all elements which enter into the decreased value of said lands * * * and decreased its value in said sum of $2,757.50.” (Italics ours.) By written stipulations the issues upon the trial were limited to such as related to the damages; Mrs. Olds thereby becoming entitled to open and close. The only issues submitted to and answered by the jury called for findings of the “market value” of the 6.18 acre tract and amount of decrease in the “market value” of the rest of the tract. Taylor county has duly appealed.

The principal question presented grows out of the fact that, although Mrs. Olds as a basis for the ascertainment of the amount of damages alleged the market value of the property, and the jury made their findings in response to inquiries concerning the market value of the property, the undisputed evidence, as we interpret the entire evidence, showed that there had been no sales of similar property in the vicinity of the land in question for three or four years. The ques-lion is: Was there any competent evidence to support tlie judgment under the pleading?

In connection with the special issues, the court defined “market value” as follows: “The market value of property is the price it will bring in cash when offered for sale by one who desires to sell but is not obliged to sell, and is bought or purchased by one who desires to purchase it but is under no necessity of doing so.” There is no assignment complaining of this definition. Not infrequently the word “value” and the term “market value” are used interchangeably as meaning the same thing. “The word ‘value,’ ” says Tex. Jur., “usually signifies ‘market value,’ the terms being used interchangeably, also both are the equivalent of actual value and ‘salable value.’ ” 13 Tex. Jur. p. 147, § 62; El Paso & Southwestern Co. v. Hall (Tex. Civ. App.) 156 S. W. 356; Fort Worth & R. G. Ry. Co. v. Chisholm (Tex. Civ. App.) 146 S. W. 988; Missouri, K. & T. Ry. Co. v. Crews, 54 Tex. Civ. App. 548, 120 S. W. 1110; Missouri, K. & T. Ry. Co. v. Murray (Tex. Civ. App.) 150 S. W. 217; Manchester Fire Ins. Co. v. Simmons, 12 Tex. Civ. App. 607, 35 S. W. 722. The definition of “market value” given by the court has in substance and effect often received judicial sanction. See 5 Words and Phrases (First Series) page 4384 ; 3 Words and Phrases (Second Series) page 300. The definition given, if correct, is only so, we think, as applied to the term “market value” when used in the same sense as “value,” or at least in a different sense from market value in relation to real or intrinsic value. When, in any case, it becomes material to use the term “market value” in. a sense different from real or intrinsic value, the above definition is certainly, in our opinion, not correct. There can be no “market value,” accurately speaking, in the absence of a market; which is to say that there can be no market value of property at a given time and place if there have been no sales of any property, of like kind and quality and in sufficient quantity to establish a prevailing sales price of such property. Gulf, C. & S. F. Ry. Co. v. Jackson, 99 Tex. 343, 89 S. W. 968; International & G. N. Ry. Co. v. Pape, 73 Tex. 501, 11 S. W. 526; Pacific Express Co. v. Lothrop, 20 Tex. Civ. App. 339, 49 S. W. 898; Houston & T. C. Ry. Co. v. Crowder (Tex. Civ. App.) 152 S. W. 183; Galveston, H. & S. A. Ry. Co. v. Patterson (Tex. Civ. App.) 173 S. W. 273. Market value in the sense here considered! and market price mean the same thing, and the terms have been used interchangeably. *1104 Gulf, C. & S. F. Ry. Co. v. Stanley, 89 Tex. 42, 33 S. W. 109; International & G. N. Ry. Co. v. Pape, supra.

When an issue of value is properly joined by pleadings, “market price” or “market value” is in relation to such issue a matter of evidence. In such case the best evidence of value is evidence, if any, of “market price” or “market value.” The reason is that other evidence of value is largely, if not altogether, a matter of opinion, while “knowledge of the market value of an article is hardly an opinion. It is a fact known from information.” Missouri Pac. R. R. Co. v. Eagan, 72 Tex. 127, 9 S. W. 749, 750, 2 L. R. A. 75, 13 Am. St. Rep. 776. The principle or rule of law relating to best and secondary evidence is applicable. This proposition, it'is' believed, is unquestionably well supported by both reason and authority. Under the head of “Best and Secondary Evidence,” wherein is discussed the various applications of that principle, the text of Tex. Jur. says: ‘.‘The market value of an article is generally the best evidence as to its value.” 17 Tex. Jur. p. 502, § 197, note 16. The following decisions, we think, clearly support that statement from the text: Gulf, C. & S. F. Ry. v. Peacock, 60 Tex. Civ. App. 250, 128 S. W. 463; Galveston Wharf Co. v. McYoung, 2 Willson, Civ. Cas. Ct. App. § 642; Pacific Exp. Co. v. Lothrop, supra; Sinclair v. Stanley, 64 Tex. 67; International & G. N. Ry. Co. v. Pape, supra.

If the rule of best and secondary evidence be applicable, it follows that the admission of evidence of value other than evidence of market price or market value when not objected to upon the ground that it is not the best evidence is not incompetent upon an issue of value. The party offering the ev» 'idence shcjuld lay a predicate therdfor by a prima facie showing that there éxists no market value at the time and place' in question. If he fails to do so, the adversary party has the right to object to the admission of any other evidence of value until such showing is made. Likewise, by analogy, it is not necessary by allegations of the pleading to •lay a basis for the introduction of secondary evidence of value any more than in any other case where the principle may be applicable, as, for instance, parol evidence of the contents of- a lost written instrument. Wooten v. Dunlap, 20 Tex. 184.

In the instant case, much of the testimony was secondary evidence of value. While there was some evidence which purported to be of market value, we think the undisputed evidence showed there was no market value ■ at the time arid place in question, in that it was shown that there were no sales of similar property in that vicinity at that time, nor had there been for three or four years previously. All the witnesses but one who undertook to testify to market value testified to the fact of such absence of sales, except perhaps one whose testimony was not shown to relate to the time in question. In Ara v. Rutland (Tex. Com. App.) 215 S. W.

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67 S.W.2d 1102, Counsel Stack Legal Research, https://law.counselstack.com/opinion/taylor-county-v-olds-texapp-1934.