Utah Saving & Trust Co. v. Bamberger

81 P. 887, 29 Utah 370, 1905 Utah LEXIS 30
CourtUtah Supreme Court
DecidedJuly 11, 1905
DocketNo. 1599
StatusPublished
Cited by1 cases

This text of 81 P. 887 (Utah Saving & Trust Co. v. Bamberger) is published on Counsel Stack Legal Research, covering Utah Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Utah Saving & Trust Co. v. Bamberger, 81 P. 887, 29 Utah 370, 1905 Utah LEXIS 30 (Utah 1905).

Opinions

McCARTY, J.,

after making the forege lg statement of the case, delivered the opinion of the court.

Appellant contends that the court erred in making its eighth and ninth findings of fact referred to in the foregoing statment of the case, and that these findings are not only unsupported by, but are against, the evidence. It appears from the record that on June 30, 1896, Woodman paid a debt of $5,000 and interest thereon, which he and Bamberger jointly owed, and accepted the note sued on for the portion of the debt he had thus paid for Bamberger. Woodman placed the note in the hands of W. O. Hall for collection, who then wras a practicing attorney, but who at the time of the trial wras a district judge. Judge Hall, who retained possession of the note until after Woodman’s death, was called as a witness and testified, and his evidence is not contradicted, that about two months after the note became due, which was subsequent to the alleged agreement between Woodman and Bamberger, and which agreement is pleaded as a defense in defendant’s answer, he (Hall) presented the note to Bamberger for payment, and told Bamberger that he would like to have him pay it, that Mr. Woodman wanted it settled up; and he, (Bam-berger) said it was not convenient, but he would take care of it shortly; that he again presented the note for payiqent about four months later, and that Bamberger said that he was not ready to pay it; that he would rather settle it later. J. H. Woodman, another witness whose testimony is not contradicted, testified in part as follows: “I met Mr. Bamber-ger on the street (February, 1904), and he said, 'Harry, by xhe way, I would like to get that note settled that the estate has against me.’ [Referring to the note in question.] And he said,'I made Judge Zane [counsel for the administrator] a proposition to settle it,’ offering him either two thousand, or [380]*380twenty five hundred dollars. . . . ‘I wish you would talk the matter over with Judge Zane.’ Q. What did he say to you how much was due on the note [referring to Bamberger] ? A. He said he thought that was a fair offer; that he had paid out some items that he and my uncle (J. B. Woodman), were interested in, and by deducting them, he thought that would be a fair offer in settlement of the note. Q. Bor how much ? A. Twenty-five or twenty-sis hundred. He said something like that.” One witness for1 the defendant testified that he was present in Mr. Bamberger’s office about the last of October, 1896, and heard the agreement referred to made; and his testimony as to the terms of the agreement, so far as material here, is as follows: “He [Woodman] says, ‘I am furthermore now on that joint note,’ or ‘notes’ — I forget the word, whether ‘note’ or ‘notes’ was used ■ — ‘to the National Bank of the Republic in the sum of $20,-000 with you. I am also on the bonds with you in these condemnation suits for the Davis county lands. If you will pay these obligations, or see them paid, I will then return you your note for $2,500 which you gave me for half of the $5,000 which I paid the Salt Lake Valley Loan & Trust Company; and, furthermore, then you can have the railroad,’ and Mr. Bamberger finally said, ‘Well, I will do it.’” Another witness for defendant testified that he had a conversation with Woodman in October, 1896, and that “he [Woodman] said he was jointly liable with Simon Bamberger for some notes to the National Bank of the Republic for money borrowed for the railway, and was also on some condemnation bonds for rights of way, and that he held Bamberger’s note for $2,500 for some indebtedness of the railway which he had been obligated to pay to the Salt Lake Valley Loan & Trust Company, and that he was going to turn this note and all his stock in the railway over to Bamberger, if Bamberger would pay the railway indebtedness and relieve him of all liability in the matter.” Other witnesses testified that Woodman had made statements to them which tended to show that such an agreement had been made.

Appellants contend that taking into consideration the evidence of the different witnesses who testified in the case, in [381]*381■connection, witb tbe facts tbat in tbe first answer Bamberger denied tbe execution and delivery of tbe note in question, and also alleged therein tbat said note was given, but not intended by either of tbe parties as an absolute and uncondi\tional promise to pay, but as an undertaking on tbe part of tbe defendant, Bamberger, for tbe faithful performance of certain other business transactions by him; and tbat about one year thereafter be verified and filed an amended answer, in which be admitted tbe execution and delivery of tbe note, but pleaded payment as hereinbefore stated — the record preponderates in favor of appellant tbat tbe alleged agreement pleaded by defendant as a defense in this case was never made and entered into between Woodman’ and Bamberger. But, as this is an action at law, and there is some substantial evidence to tbe effect tbat tbe agreement was made as alleged in tbe answer, under section 9, article 8, of the Constitution of this State, as has been repeatedly held by this court, we are prohibited from interfering witb the findings of tbe trial court on this point.

While-we must assume, for tbe purposes of this case, tbat tbe agreement was made, we are satisfied tbat tbe record shows a total failure of consideration on tbe part of Bamber-ger, for it shows conclusively tbat be neither paid nor caused to be paid the obligations, or any part thereof, mentioned in the alleged agreement. Tbe record shows tbat tbe Great Salt Lake & Hot .Springs Bailway ■ Company made and executed a -mortgage on all of its property, both real and personal, in favor of tbe National Bank of tbe Bepublic to secure tbe payment of tbe note for. $20,000 signed by Woodman and Bamberger, as well as another note of the same amount and bearing tbe same date. On January 27, 1896, tbe bank commenced an action to foreclose tbe mortgage, and made Bam-berger and Woodman defendants in tbe action. On September 26, *1896, a decree was entered in favor of the bank, and it appearing tbat tbe Great -Salt Lake & Hot Springs Bail-way Company bad become insolvent, defendant, Bamberger, was appointed receiver, and as such receiver Bamberger took charge of all property, both real and personal, belonging to [382]*382said railway company. The decree provided that the receiver proceed to sell all the property, both real and personal, belonging to said company, and in pursuance of the decree and order of sale the property was duly advertised; and on October 28, 1896, it was sold by the receiver at public sale to the Salt Lake & Ogden Railway Company for the sum of $10,000. On October 29, 1896, the sale was approved by the court, and the receiver was ordered to pay certain obligations of the Great Salt Lake & Hot Springs Railway Company, among which was the note of $20,000 to the National Bank of the Republic, signed by Woodman and Bamberger; and it was further ordered that said Woodman and Bamberger be released from any and all obligations to plaintiff bank growing out of said indebtedness. On October 30, 1896, the receiver filed his report with the court, showing he had paid in full said indebtedness in pursuance of the order of court, and on said date an order was entered discharging the receiver. It will thus be seen that Bamberger absolutely did nothing of his own volition as a private individual by way of paying or causing to be paid the obligations referred to.

The gist of the expressed terms of the oral contract is that, in consideration of Bamberger paying or causing to be paid the bank notes and condemnation bonds.

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Related

Utah Savings & Trust Co. v. Bamberger
86 P. 961 (Utah Supreme Court, 1906)

Cite This Page — Counsel Stack

Bluebook (online)
81 P. 887, 29 Utah 370, 1905 Utah LEXIS 30, Counsel Stack Legal Research, https://law.counselstack.com/opinion/utah-saving-trust-co-v-bamberger-utah-1905.