W. L. Moody & Co. v. Rowland

102 S.W. 911, 46 Tex. Civ. App. 412, 1907 Tex. App. LEXIS 110
CourtCourt of Appeals of Texas
DecidedMay 14, 1907
StatusPublished
Cited by11 cases

This text of 102 S.W. 911 (W. L. Moody & Co. v. Rowland) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
W. L. Moody & Co. v. Rowland, 102 S.W. 911, 46 Tex. Civ. App. 412, 1907 Tex. App. LEXIS 110 (Tex. Ct. App. 1907).

Opinion

PLEASAFTTS, Associate Justice.

Appellee brought this suit against appellants, a firm composed of W. L. Moody, W. L. Moody, Jr., and F. B. Moody, to recover damages for the alleged wrongful and fraudulent act of appellants in releasing a judgment for $23,490.26 obtained by them on January 25, 1899, in the District Court of Galveston County, against H. H. Bowland, A. L. Clarke, J. D. Moody and J. H. LeGrand, and which they had for a valuable consideration sold to appellee prior to the date of said release.

Plaintiff’s petition contains the following allegations: “That on or about the 24th day of February, 1900, while the said judgment was still in force, unpaid and unsatisfied, this plaintiff for a valuable consideration purchased the said judgment from the defendant, W. L. Moody & Co., and the said defendant sold said judgment to this plaintiff and agreed and contracted with the plaintiff to transfer the same to plaintiff. The consideration paid by the plaintiff to the defendant for the purchase of said judgment and the contract and agreement whereby plaintiff purchased said judgment was as follows: The plaintiff agreed and contracted to convey to the defendant certain lands situated in Presidio County, Texas, constituting about one hundred and five thousand acres located by virtue of certificates issued to the Texas & St. Louis Bailway Company, and in order to place the title to said lands in said W. L. Moody & Co., and to divest the same out of the plaintiff, it was agreed by and between the plaintiff and the defendant that in a certain suit then pending in the District Court of Presidio County, Texas, wherein said W. L. Moody & Co. were plaintiffs, and the said B. W. Bowland and others were defendants, in which suit the said W. L. Moody & Co. sought to recover of this plaintiff, and the other defendants therein, the said lands, a judgment by default against this plaintiff and said other defendants should be rendered in said suit in favor of the said W. L. Moody & Co., for the recovery of said lands; that a certain contract entered into between said W. L. Moody & Co., and H. H. Bowland with reference to certain lands situated in the counties of Crockett, Brewster and Jeff Davis in the State of Texas, should be cancelled *417 by said H. H. Rowland; that said Moody was to pay B. W. Rowland, the plaintiff, the sum of twenty-five hundred dollars ($2,500) and was to pay and settle a certain claim against said B. W. Rowland, plaintiff, held by one Brown to Duncan & Jones, attorneys for said Brown, and said W. L. Moody & Co. was to assign or turn over to the plaintiff, B. W. Rowland, certain collateral claims held by said Moody & Co.; that the plaintiff was to turn over and surrender to the defendants, W. L. Moody & Co., certain vendor’s lien notes given by one Willson to the plaintiff, and the certificates to the lands in Presidio, Brewster, Crockett and Jeff Davis Counties, Texas, and the defendants, W. L. Moody & Co., on their part were to assign to the plaintiff, B. W. Rowland, the aforesaid judgment of W. L. Moody & Co., against H. H. Rowland, A. L. Clarke, J. D. Moody and J. H. LeGrand, and the said defendants, W. L. Moody & Co., did contract and agree with the plaintiff, for the consideration above set forth and as part of said agreement, to transfer and assign to plaintiff the said judgment above referred to of W. L. Moody & Co., against H. H. Rowland, A. L. Clarke, J. D. Moody and J. H. LeGrand.”

It is further alleged, in substance,' that plaintiff complied fully with the terms of his said contract and agreement and that defendants had also complied with all of their said contract undertakings save and except their agreement to transfer and assign said judgment to plaintiff, which agreement they failed and refused to perform; that by reason of the premises plaintiff became the owner of said judgment and entitled to all the rights, remedies and processes thereto belonging; that after the performance by plaintiff of his part of said agreement the defendants repeatedly promised to execute and deliver to him an assignment of said judgment, but failed to do so, and on the 3d day of October, 1902, without the knowledge or consent of plaintiff and in fraud of his rights they wrongfully and fraudulently and for a valuable consideration released the said A. L. Clarke, J. D. Moody and J. H. LeGrand from all liability on said judgment; that the said parties obtained said release without notice of plaintiff’s rights in said judgment, and plaintiff has thereby lost his right to enforce said judgment against them; that at the time plaintiff purchased said judgment and at the tiihe said releases were executed the judgment was in full force unpaid and unsatisfied, and could and would have been collected by plaintiff from said Clarke, Moody and LeGrand but for the wrongful and fraudulent act of defendants in executing said release; that said Clarke, Moody and LeGrand were and are possessed of property out of which the amount of the judgment could have been made, but that H. H. Rowland was at the time said judgment was purchased by- plaintiff, and has been continuously since that time, wholly insolvent and no part of said judgment can be collected from him; that plaintiff has realized nothing on said judgment and it is now worthless by reason of the said wrongful and fraudulent act of the defendants.

It is further alleged that the interest of plaintiff in the lands conveyed by him to defendants as aforesaid exceeded in value the *418 amount of said judgment and was “so accepted by defendants.” It is then alleged that by reason of the premises aforesaid and of the said wrongful and fraudulent acts of defendants, the plaintiff has been damaged in the sum of $40,000 and judgment for that amount is asked against defendants.

Defendants answered by general and 'special exceptions and general denial, plea of limitation of two years, and special plea under oath denying “that they ever contracted, either verbally or in writing, to convey, transfer or sell to B. W. Rowland the judgment aforesaid against H. H. Rowland, Clarke, J. D. Moody and LeGrand, or that B. W. Rowland ever paid them, or anyone for them, any consideration for said judgment, or that B. W. Rowland ever had or held any right, title or interest in said judgment; and also denied, under oath, that they ever agreed or contracted to transfer said judgment to B. W. Rowland at any time, or that they ever at any time authorized any one for them to make any such contract, or that they, or any one representing them, ever made any representations at any time that they would transfer or assign said judgment to said B. W. Rowland, or sell it to him, or that they ever held out to him or led him to believe that they intended to do so; and alleged under oath that if B. W. Rowland had any written contract or agreement purporting to 'be signed by them, or by any one claiming to he their agent or attorney, agreeing to transfer and convey to him the said judgment, that the same was made without their knowledge or consent, and without any authority, either verbal or written, to execute the same.

The trial of the cause in the court below, by a jury, resulted in a verdict and judgment in favor of plaintiff in the sum of $25,466.12, and defehdants have appealed.

The evidence shows that on January 25, 1899, the defendants recovered a judgment in the District Court of Galveston County against H. H. Rowland, A. L. Clarke, J. D. Moody and J. H.

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Bluebook (online)
102 S.W. 911, 46 Tex. Civ. App. 412, 1907 Tex. App. LEXIS 110, Counsel Stack Legal Research, https://law.counselstack.com/opinion/w-l-moody-co-v-rowland-texapp-1907.