Vollmer v. Estate of Reid

77 P. 325, 10 Idaho 196, 1904 Ida. LEXIS 16
CourtIdaho Supreme Court
DecidedJune 16, 1904
StatusPublished
Cited by1 cases

This text of 77 P. 325 (Vollmer v. Estate of Reid) is published on Counsel Stack Legal Research, covering Idaho Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Vollmer v. Estate of Reid, 77 P. 325, 10 Idaho 196, 1904 Ida. LEXIS 16 (Idaho 1904).

Opinions

STOCKSLAGER, J. —

The plaintiff commenced his action in the district court of Nez Perce county, alleging that on the twenty-first day of March, 1896, Jas. W. Reid.executed and delivered to John P. Yollmer his promissory note for $331, due in ninety days after date, with interest at the rate of one and one-half per cent per annum from date, which note provided for payment in event of suit or action to enforce the execution of the same, the sum of $30 attorneys’ fees.

The fourth allegation is that to secure the payment of said note Reid mortgaged to Yollmer on the same date the following chattels: Federal Reporter, volumes 1 to 68, and four digests; Pacific Reporter, volumes 1 to 42, and one digest; American Annual Digest, 10 volumes, 1887 to 1895, inclusive; New York Reports, Court of Appeals, volumes 1 to 147, and four digests by Brightly.

That plaintiff annexes hereto as a part hereof a copy of said mortgage and hereby incorporates the same herein the same as If set forth at length.

[199]*199The sixth allegation says:- “That subsequent to the execution and delivery of said promissory note and of said mortgage, on, to wit, the twenty-eighth day of June, 1900, the said Jas. W. Eeid renewed the said note and mortgage and on the said twenty-eighth day of June, 1900, the said Jas. W. Eeid, for the-purpose of renewing the said note and mortgage as aforesaid, executed and delivered to John J. Yollmer Ms promissory note for $334 of date January 27, 1899, due one year after date at the rate of twelve per cent per annum from date, which note provided for the payment of $50 attorneys’ fees in event of suits, etc.” -

The seventh allegation is: “That for the further purpose of renewing said promissory note and mortgage as above described, the said Jas. W. Eeid, as mortgagor, on the twenty-eighth day of June, 1900, executed and delivered to John P. Yollmer, as mortgagee, his certain instrument in writing, under seal, known as a chattel mortgage, a copy of which is hereto annexed, marked exhibit ‘A’ and made a part of this complaint as fully as if here set out, which said chattel mortgage was made in good faith for the purpose aforesaid, without intent to defraud creditors and purchasers, and was verified, acknowledged and filed pursuant to statutes in such ease made and provided, and was duly filed for record on the thirtieth day of June, 1900.”

The eighth allegation is “that the property mentioned and described in said chattel mortgage and the schedule annexed consisted of the following law books constituting a part of his library, to wit:” (Here follows a description of the same hooks described in the mortgage of March 21, 1896, and an allegation that this mortgage was a renewal of said first mortgage.)

The ninth allegation is that the last described note and mortgage were made, executed and delivered for the purpose of renewing the said note and mortgage, dated March 21, 1896, together with the accrued interest thereon, which said promissory note last above described is the identical note first above described, with the interest included therein, and is a renewal thereof.

The tenth allegation is that default has been made in the said chattel mortgage and the said notes in this: that the said notes have long since matured and remain wholly and entirely unpaid.

[200]*200The eleventh allegation is that prior to the institution of this proceeding, plaintiff presented to the administrator of the estate of Jas. W. Eeid his claim based upon said note, and at the time of presenting the same based his claim upon a copy of the note and mortgage referred to, and that the same was duly allowed as a secured claim against said estate hy the administrator thereof, which allowance was approved by the probate court of Nez Perce county.

The twelfth sets out that there is due on said note as renewed and secured by said mortgage the sum of $504, with interest on $344 thereof at twelve per cent per annum from February 10, 1903.

The thirteenth aEeges that the Lewiston National Bank, a corporation, and • J. B. Morris, have, or claim to haye, some interest in the property herein described and described in the hereto annexed exhibit as mortgagees, encumbrancers or purchasers, the exact nature of which is unknown to plaintiff, and which interest is subsequent, subject, prior and junior to plaintiff’s said mortgage, and said corporation and said Morris are made parties hereto by reason of such adverse interest.

The prayer is: 1. That plaintiff’s mortgage dated March 21, 1896, and promissory note of the same date for the sum of $331 be revived, and that said promissory note and chattel mortgage as renewed and revived be foreclosed.

2. That the defendant and the estate of Jas. W. Eeid, deceased, he foreclosed of all equity of redemption; that the mortgaged property be sold and the proceeds applied to the payment of the costs and expenses in this action and of counsel fees in the sum of $50, and the amount due on said note and mortgage with interest from February 10, 1903, at twelve per cent per an-num; that the estate of Jas. W. Eeid, deceased, be adjudged to pay any deficiency that may remain after applying all of said money as aforesaid and for costs of suit.

The answer admits the corporate existence of the First National Bank of Lewiston as alleged in the complaint, also that Jas. W. Eeid died intestate, as aEeged, and that Jas. E. Lydon was appointed administrator of his estate and as such admits his possession of the property in controversy. That the schedule [201]*201of law books set forth in the complaint constitute a part of the law library of said Eeid; that prior to the commencement of this action plaintiff presented his claim based upon said note, and that the same was duly allowed as a secured claim against the said estate by the administrator, which allowance was approved by the probate court of Nez Perce county. That J. B. Morris claims to have an interest in the property in controversy, and avers that said Morris is a preferred creditor of said estate to the amount of $559.

For a second and separate affirmative defense the defendants aver that the right of plaintiff to maintain an action on the note and mortgage alleged to have been executed by said Eeid March 21, 1896, was barred by the provisions of section 4052, Eevised Statutes of Idaho, before the commencement of this suit.

As a third and separate affirmative defense defendants aver that the property covered by the pretended mortgage dated June 28, 1900, is exempt from execution under the laws of this state, for the reason that Eeid was a married man at the time of the execution of said pretended mortgage and that his wife did not sign said pretended mortgage, hence it is void as to subsequent creditors.

TJpon the issues thus framed the ease was tried and the court made its findings of fact and conclusions of law.

The findings on the disputed issues are as follows: That on the twenty-first day of March, 1896, Jas. W. Eeid executed and delivered to John P. Yollmer his promissory note for $331. That to secure the payment of said note said Jas. W. Eeid made and executed the mortgage dated March 21, 1896, mortgaging the property described in said mortgage; then follows a description of the property as appears in the complaint.

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Related

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162 P. 244 (Idaho Supreme Court, 1916)

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Bluebook (online)
77 P. 325, 10 Idaho 196, 1904 Ida. LEXIS 16, Counsel Stack Legal Research, https://law.counselstack.com/opinion/vollmer-v-estate-of-reid-idaho-1904.