Traders Grain Co. v. Cavers Elevator Co.

172 Iowa 131
CourtSupreme Court of Iowa
DecidedMarch 10, 1915
StatusPublished

This text of 172 Iowa 131 (Traders Grain Co. v. Cavers Elevator Co.) is published on Counsel Stack Legal Research, covering Supreme Court of Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Traders Grain Co. v. Cavers Elevator Co., 172 Iowa 131 (iowa 1915).

Opinion

Deemer, C. J.

I. At the request of the Weekes Grain Company, of Omaha, Nebraska, defendant, Cavers Elevator Company, on April 26, 1909, billed two cars of corn to St. Louis, Mo., the same being consigned to the order of the Cavers Company, with instructions to notify Traders Grain Company, of St. Louis. Bills of lading to the order of the Cavers Elevator Company were issued by the railway company, and these were endorsed by the elevator company in blank and delivered to the Weekes Grain Company; and the Weekes Company, on the same day, drew a draft on W. H. Hurley of Clinton, Mo., for the sum of $1,450, representing the purchase price of the grain. The draft was attached to the bills of lading and deposited with Merchants National Bank of Omaha, Nebr., for collection. These papers were forwarded to the Clinton National Bank of Clinton, Mo., for collection, the draft being endorsed in blank by the Merchants Bank.

[133]*133On the morning of April 28, 1909, the draft, with bills of lading attached, reached Clinton, Mo.; and, pursuant to an arrangement between Hurley and H. F. Finks, he (Finks) took up the draft, giving his own check therefor to the Clinton Bank, at the same time giving Hurley a check for $81.14, representing Hurley’s profit on the corn. Finks, at the same time, drew a draft on the Traders Grain Company, attached the same to the bills of lading and forwarded the same to a bank in St. Louis for collection. This draft was for’ $1,550. Before the draft was presented to the Traders Grain Company at St. Louis, that company was advised that the two ears of corn had been attached at Council Bluffs by the Cavers Elevator Company in an action by it against W. H. Hurley, and the Traders Grain Company refused to pay the draft.

An agent of the Traders Company then went to Council Bluffs and secured the release of the cars, upon condition that he allow the constable having the writ of attachment to take out 250 bushels of the corn, which the constable retained to satisfy whatever judgment might be obtained in the- attachment proceedings. Upon the return of this agent to St. Louis, the Traders Company made arrangements with Finks to deduct the sum of $150 from the draft drawn upon it by Finks, it being the agreed value of the corn taken from the cars, and the Traders Grain Company paid $1,400 in full settlement of the draft drawn upon it by Finks. This action was then brought by the Traders Grain Company to’recover the value of the corn and other damages.

After the suit was brought, the grain company assigned its cause of action against the defendants to Finks, and he was substituted as plaintiff. In the original petition, the grain company alleged that it was the owner of the 250 bushels of corn and that the same was unlawfully, wrongfully, and maliciously taken by the defendants upon an attachment issued against one W. H. Hurley. Defendants admitted the issuing out of the attachment, pleaded that Hurley was the owner of the grain, and that the transactions between him and [134]*134Finks with reference to the grain were fraudulent and a part of a scheme to defraud the defendant elevator company; that Finks never in fact owned the grain and that it was the property of Hurley until after the attachment was issued, and that Finks had knowledge or notice' of the attachment at the time he made the arrangements with Hurley.

Finks, the' substituted plaintiff, pleaded his assignment from the Traders Grain Company of its cause of action and claim for damages, and upon these issues the case was tried.

1. Trover and title7 toSI°ain tiff: evidence, II. Whilst many questions are made in argument, the issues are comparatively simple; and it is manifest that neither the Traders Grain Company nor its assignee, Finks, can recover in this action without showing that the company became the owner of the 250 bushels of corn in controversy and was entitled to the value thereof when this action was commenced. The' action was not commenced by Finks in his own behalf, nor was it prosecuted by reason of Finks’ independent ownership of the grain. Whatever rights he has thereto are in virtue of his assignment from the Traders Grain Company. Moreover, if Finks were making any claim on his own behalf or from and through Hurley, the question of the fraudulent character of the transfer from Hurley to Finks is involved, and also the issue as to whether or not there ever was any sale in fact of the grain by Hurley to Finks. Another possible issue upon which we have no light in this record is the priority of the attachment over the transfer of the bills of lading from Hurley to Finks. Upon the first proposition — -the ownership of the corn in controversy — it clearly appears from the record that the Traders Grain Company never paid for this 250 bushels of corn.

Finks testified:

“Drafts with bills of lading attached were delivered to me. After purchasing the cars, I drew a draft on Traders Grain Company for $1,550, and attached bill of lading to the [135]*135draft, and sent it to St. Louis for collection. (Witness identifies Exhibit 1 as draft I drew on Traders Grain Company, St. Louis, for $1,550.) This draft had attached to it two bills of lading. Q. I will ask you whether or not this draft was paid? A. The draft was paid after reducing it to $1,400. Q. State why this was reduced from $1,550 to $1,400. A. On account of 250 bushels being taken out of the ear at Council Bluffs. I never got any pay for the 250 bushels that were taken out. There were 250 bushels taken out. They were taken out on account of an attachment in the case of Cavers Elevator Company v. W. IT. Hurley. Q. Did they pay you the contract price for the two cars, less 250 bushels taken out? A. Yes, sir. Q. Then they are interested in this 250 bushels of corn ? A. No, sir; they have no interest in the outcome of this litigation. ’ ’

Hurley testified in part as follows:

“Q. Are you under any obligations for any of the expenses of' this suit ? A. I am not, except as to the 250 bushels of corn which, under the terms of my contract, I was to accept destination weight, and inasmuch as the 250 bushels were not delivered, I have failed up to that extent in delivering the amount of corn contracted for. Q. And under what obligations are you as to the 250 bushels of corn to him? A. I settled with Mr. Einks for the shortage in weight on that car of corn, and the understanding in the agreement between Mr. Finks and I is that if he recovers in this suit he will pay me for the 250 bushels. If he loses I vyill get nothing for the 250 bushels of corn. Q. To that extent you are interested in the outcome of this suit? A. I am looking to Mr. Finks for that. Q. But if the suit is successful, you are 250 bushels ahead? A. No, sir. I will not be any corn ahead. I will have the amount I paid him for the shortage refunded to me. To that extent I am interested.”

[136]*136The president of the Traders Grain Company testified:

“The draft was presented to the Traders Grain Company and was accepted but not paid. Thinking the draft a little high, the writer asked for a reduction of $150 on same, and it was granted, and the Traders Grain Company honored that draft for $1,400 on these two cars. I first learned that the two cars were attached from a telegram of Cavers Elevator Company advising me not to accept or honor a draft from W. H. Hurley on these two ears. I do not remember the date of the telegram. I did not answer the telegram.

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

Cite This Page — Counsel Stack

Bluebook (online)
172 Iowa 131, Counsel Stack Legal Research, https://law.counselstack.com/opinion/traders-grain-co-v-cavers-elevator-co-iowa-1915.