Union Trust Co. v. Trumbull

27 N.E. 24, 137 Ill. 146
CourtIllinois Supreme Court
DecidedMarch 30, 1891
StatusPublished
Cited by75 cases

This text of 27 N.E. 24 (Union Trust Co. v. Trumbull) is published on Counsel Stack Legal Research, covering Illinois Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Union Trust Co. v. Trumbull, 27 N.E. 24, 137 Ill. 146 (Ill. 1891).

Opinion

Mr. Justice Baker

delivered the opinion of the Court:

This is a contest between creditors of T. W. Hall & Co. as to their respective rights to the property which T. W. Hall & Co. assigned to John Kinsey for the benefit of their creditors, and upon which several of the creditors claim liens.

The firm of T. W. Hall & Co., composed of Thomas W, Hall, Charles Hall and William P. Hall, were merchants and factors in wool, having their office and warehouse in two connected buildings, known as Nos. 46 to 52 Dearborn avenue, Chicago. The firm was a customer of and kept a general deposit account with the Union Trust Company, a banking institution. The National Storage Company, in response to applications made therefor, issued to T. W. Hall & Co. receipts acknowledging the receipt of certain amounts of wool, and undertaking to deliver the same to the order of T. W. Hall & Co., at its warehouse No. 18, on the premises above mentioned, upon the payment of storage and charges, and the surrender of the receipts, properly endorsed. Thereupon T. W. Hall & Co. borrowed of Lyman Trumbull $8500, of the Commercial National Bank $17,500, of the Illinois Trust and Savings Bank $11,283.54, of Ira Tomblin $10,000, of the Union National Bank $6402.88, and of the Metropolitan National Bank $3000, and to secure these several loans delivered to the respective lenders certain of the above mentioned warehouse receipts, properly endorsed. William Parberry, Henry Kertz, Grande Bros., Patterson Bros, and Lienemann & Schmidt, severally, shipped to T. W. Hall & Co., as factors, certain quantities of wool, parts of which had not been accounted for at the time of the assignment. T. W. Hall & Co. issued and •delivered to Henry F. Vehmeyer, and to the Lincoln National Hank, respectively, as security for moneys borrowed from each •of them, their own receipts, acknowledging that they had received in store specified quantities of wool, subject to the •orders of said respective parties on said receipts, on surrender thereof, “storage and insurance free.”

In the summer of 1888 Thomas W. Hall left Chicago and went west, on business of the firm. Afterwards, and on July 19 •of that year, his partners executed and delivered to John Kinsey, as assignee, an instrument purporting to be a voluntary .assignment of the firm of T. W. Hall & Co. This instrument was recorded in the office of the recorder of Cook county on the day of its date, and filed with the clerk of the county court -on the same day. At that time the warehouse at 46, 48, 50 and 52 Dearborn avenue contained 318,683 pounds of wool, and it was all stored upon the second and third floors of the -connected buildings. Kinsey at once took exclusive possession of the entire warehouse, including the second and third floors and all their contents. On the next day, July 20, the National Storage Company, by a ruse, managed to get one of their men into the warehouse, and claimed, through him as their agent, to be in actual possession of the second and third floors and of the wool there stored. A dispute as to the possession of said "two floors and their contents thereupon arose between' the assignee and the storage company, which, by arrangement between them, resulted in an order by the county court, on July 23, directing the assignee to hold possession until the rights of all parties could be determined, and without prejudice to either, and ordering the storage company to yield possession to the assignee. On July 21, Thomas W. Hall, by an instrument duly recorded and filed, ratified and confirmed the assignment to Kinsey.

On July 23, a further order was made by the county court that the assignee file a petition making parties respondent thereto all persons, as far as ascertainable, who have or claim interest in or to the merchandise and premises, requiring them to answer the said petition, and to set forth their respective rights, and to submit themselves to the jurisdiction of the court in the premises. The assignee filed such petition, and the several persons and corporations above named were made ■respondents therein, and they filed their respective answers, and, by consent of parties, it was ordered that said answers .be taken also as cross-petitions in behalf of the respective parties.

The assignee, by direction of the county court, sold all the wool that came to his hands, the proceeds thereof being $51,--739.03. The cause was afterwards heard in the county court, and a decree entered, wherein it was ordered that the assignee, ■out of the proceeds of $51,739.03 reported by him, retain the sum of $5353.37 for items of expense and fees allowed him, and that he pay the residue of said sum of $51,739.03 as follows: To Patterson Bros., $5072.35; to Lienemann & <Schmidt, $6092.11; to Grande Bros., $2011.64; to Henry 'Kertz, $857.01; to William Barberry, $2268.32; to the Union Trust Company, $9523.22; and to the National Storage Company, for the benefit of its receipt holders, as their several rights may appear, the sum of $20,561.01. By the decree, ■Yehmeyer and the Lincoln National Bank were denied all rights as secured creditors.

The National Storage Company and its several receipt holders appealed from this decree to the Appellate Court for the First District, and in that court both errors and cross-errors were assigned. In the Appellate Court the decree of the county court was affirmed in respect to the claims of Patterson Bros., Lienemann & Schmidt, Grande Bros., Henry Kertz, William Parberry, Henry F. Yehmeyer and the Lincoln National Bank. The Appellate Court, however, reversed the order and decree of the trial court awarding $9523.22 to the-Union Trust Company, and held it was error to give to that corporation a better standing than that of a general creditor without security. The Appellate Court also held that the net proceeds of all the wool on the second and third floors of the-warehouse, except what was directed to be paid to Patterson. Bros., Lienemann & Schmidt, Grande Bros., Kertz and Par-berry, should be awarded to the National Storage Company,, for the use of its receipt holders, and it reversed the decretan d remanded the cause to the county court, with directions. to enter a decree in conformity with its opinion. Appeals from, the judgment of the Appellate Court were taken to this court, both by the Union Trust Company and by the receipt holders-of the National Storage Company, and numerous errors and cross-errors were here assigned.

Before proceeding to a consideration of the merits of the Qase, we must determine, first, whether the Appellate Court had jurisdiction to render any judgment in the case; and if it had, second, what parts of the record of the lower courts-are properly before us by reason of these appeals.

First—It is enacted in section 122 of the County Court act-of 1874, (Rev. Stat. Í874, chap. 37, sec. 187,) that “appeals-may be taken from the final orders, judgments and decrees-of the county courts to the circuit courts of their respective, counties, in all matters, except as provided in the following section.” Section 123 of said act, as amended by the act of 1881, (Laws of 1881, p. 66,) is as follows: “Appeals and.writs of error may be taken and prosecuted from the final orders, judgments and decrees of the county court to the Supreme Court or Appellate Court, in proceedings for the confirmation of special assessments, in proceedings for the sale-of lands for taxes and special assessments, and in all common law and attachment cases, and cases of forcible detainer and forcible entry and detainer.

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

Related

Black v. Palmer
145 N.E.2d 797 (Appellate Court of Illinois, 1957)
Jacobson v. Nelson
24 N.W.2d 332 (South Dakota Supreme Court, 1946)
Scott v. Freeport Motor Casualty Co.
39 N.E.2d 999 (Illinois Supreme Court, 1942)
Treeman v. Frey
1929 OK 399 (Supreme Court of Oklahoma, 1929)
Kukuk v. Martin
163 N.E. 391 (Illinois Supreme Court, 1928)
Tennant v. Joerns
160 N.E. 160 (Illinois Supreme Court, 1928)
Western & A. R. v. Hughes
8 F.2d 835 (Sixth Circuit, 1925)
Fields v. Lueders
274 Ill. 562 (Illinois Supreme Court, 1916)
National Bank of Commerce v. Flanagan Mills & Elevator Co.
188 S.W. 117 (Supreme Court of Missouri, 1916)
Lauruszka v. Empire Manufacturing Co.
271 Ill. 304 (Illinois Supreme Court, 1915)
Chicago Title & Trust Co. v. National Storage Co.
103 N.E. 227 (Illinois Supreme Court, 1913)
Eureka County Bank Habeas Corpus Cases
35 Nev. 80 (Nevada Supreme Court, 1912)
In re Rohrer
186 F. 997 (S.D. Ohio, 1911)
Myers v. Commissioners of Newcomb Special Drainage District
91 N.E. 1070 (Illinois Supreme Court, 1910)
Union Brewing Co. v. Inter-State Bank & Trust Co.
240 Ill. 454 (Illinois Supreme Court, 1909)
McReynolds v. People
82 N.E. 945 (Illinois Supreme Court, 1907)
Groszglass v. VonBergen
77 N.E. 195 (Illinois Supreme Court, 1906)
Groszglass v. Von Bergen
121 Ill. App. 212 (Appellate Court of Illinois, 1905)
National Life Insurance of Montpelier v. Mather
118 Ill. App. 491 (Appellate Court of Illinois, 1905)
Hazenwinkle Grain Co. v. McComb
116 Ill. App. 541 (Appellate Court of Illinois, 1904)

Cite This Page — Counsel Stack

Bluebook (online)
27 N.E. 24, 137 Ill. 146, Counsel Stack Legal Research, https://law.counselstack.com/opinion/union-trust-co-v-trumbull-ill-1891.