Tomasello, Jr. v. Walton

129 So. 840, 100 Fla. 710
CourtSupreme Court of Florida
DecidedAugust 29, 1930
StatusPublished
Cited by2 cases

This text of 129 So. 840 (Tomasello, Jr. v. Walton) is published on Counsel Stack Legal Research, covering Supreme Court of Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tomasello, Jr. v. Walton, 129 So. 840, 100 Fla. 710 (Fla. 1930).

Opinions

Buford, J.

— In this case Walton sued the Bank of Okeechobee on common counts, claiming damages in the sum of $50,000.00 and as bill of particulars to his declaration attached the following:

“To money paid to Bank of Okeechobee on subscription to stock in proposed Okeechobee Bank & Trust Co............................... $1500.00
To interest on 1500.00 from date of payment”

To the declaration the defendant filed two pleas, the first of which was “Never was indebted as alleged”, and the second was as follows:

‘ ‘ Said defendant is an insolvent Florida Banking Corporation, and prior to the appointment of a Receiver *712 for such Bank as hereinafter stated was organized and existing as a banking corporation .under the laws of the State of Florida, and, under said laws, conducted a banking business at Okeechobee, Florida. Prior to the institution of this suit viz. on to-wit the 30th day of June A. D. 1926, said defendant ceased to exist, by virtue of the fact that on to-wit said date the Comptroller of the State of Florida declared said Bank insolvent and appointed one P. Tomasello, Jr. as receiver of said Bank, and said appointment was duly confirmed by the Circuit Court of the Twenty-first Judicial Circuit in Okeechobee County, Florida. Pursuant to said appointment and confirmation and prior to the institution of this suit said Receiver qualified as such Receiver and took charge of all the assets and affairs of said Bank, and said Bank has ever since the said appointment remained insolvent, and is now insolvent, and said Receiver has ever since said qualification as Receiver, remained and still is the Receiver of said Bank in charge of all the assets and affairs of said Bank. And defendant sajrs that by virtue of the appointment of said receiver all of the obligations and liabilities of said Bank have become and are the obligations and liabilities of the Receiver aforesaid. And defendant says that by virtue of the appointment of said Receiver a suspension was created of the rights, privileges and franchises theretofore exercised by said Bank and said Bank ceased to exist, and was not at the time of the institution of this suit, and is not now a banking corporation of the State of Florida. All of which defendant is ready to verify. Wherefore, said defendant says that the plaintiff ought not to have or maintain his action against said, defendant in this case brought, but should have and maintain its action *713 solely against the Receiver of said Bank. And defendant prays the judgment of this Court whether this action ought further to be maintained against said defendant. ’ ’

The plaintiff filed demurrer to the 2nd plea. The demurrer was overruled. Thereupon, P. Tomasello, Jr., as Receiver of the Bank of Okeechobee, was substituted as the defendant. Thereupon, the Receiver filed a plea setting up the fact that he had been appointed Receiver of the Bank; that the plaintiff was indebted to the Receiver in the sum of Ten Thousand ($10,000.00) Dollars as 100 per cent stock assessment on One Hundred (100) shares of stock owned by the plaintiff • of the par value of $100.00 per share, and, amongst other things, in his plea he alleges:

“Subsequent to the closing of said bank, viz, on the 1st day of June A. D. 1926, and prior to the institution of this suit, the Comptroller of the State of Florida levied a stock assessment against the stock of said banicing corporation for the full amount of the stock of said banking corporation for the full amount of the stock held by each and every of the stockholders of said bank, in the par value thereof, in addition to the amount invested in said shares, and notified the plaintiff herein of the levy of such stock assessment, and required the said plaintiff to pay said stock assessment in cash to the said defendant Receiver forthwith. And the said plaintiff, prior to the institution of this suit, failed and refused to make said payment of said stock assessment so levied against him for the par value of said stock, and still fails and refuses to pay the same or any part thereof. Wherefore, the defendant Receiver as aforesaid, says that the said plaintiff is indebted to the said defendant *714 Receiver as aforesaid in the sum of $10,000.00 on said stock assessment, which said amount the said defendant Receiver is willing to set off against the plaintiff’s 'claim. And this the said Defendant Receiver is ready to verify. ’ ’

Plaintiff filed replication denying ownership of the shares of stock referred to in the plea and denied the existence of any indebtedness from the plaintiff to the defendant. Thereafter, plaintiff filed motion to dismiss the suit, upon which order was made on March 22, 1929, as follows:

“This cause coming on this day to be heard upon motion of plaintiff for an order dismissing said cause, and the plaintiff and defendant being represented by counsel, after argument of counsel the court being fully advised in the premises, it is
‘ ‘ ORDERED AND ADJUDGED that the said cause be, and the same is hereby dismissed at the cost of the plaintiff, and that the set-off or counter claim heretofore filed by the defendant in said cause be, and the same is hereby dismissed. ’ ’

On August 29th, 1929, defendant filed motion to vacate the order of dismissal and in support of such motion filed an affidavit in which the following allegation appears:

“The above named J. F. Walton is a non-resident of the State of Florida, and .a citizen of a state other than the State of Florida and there is no person in the State of Floridá the service of summons upon whom would bind him. The claim set forth in my plea of set-off is valid claim on stock assessment, which said plaintiff resists. I have made diligent effort to see if I could get *715 service on this plaintiff on the matter of this set-off in an independent suit to determiné the same and have wholly failed. The said plaintiff evades service. The purpose of the plaintiff’s motion to dismiss is to deprive the courts of this state of jurisdiction of the stock assessment claim, embodied in my plea of set-off. Collection of the stock assessment from this plaintiff is important to the trust of which I am Receiver, in that even if the same is fully collected and distributed among the creditors of this bank, said creditors will only receive a small portion of their claims. The costs of court has not been paid by said plaintiff. ’ ’

The record shows that the costs were subsequently paid but, before they were paid, an order was made by the court denying the motion to vacate the order of dismissal.

Writ of error was taken and assignments of error are as follows:

“Assignment of Error No. 1. Said court erred in entering up said final judgment of dismissal.
“Assignment of Error No. 2. Said court erred in dismissing the said cause.
“Assignment of Error No. 3.

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129 So. 840, 100 Fla. 710, Counsel Stack Legal Research, https://law.counselstack.com/opinion/tomasello-jr-v-walton-fla-1930.