Wallace's Heirs v. Twyman

26 Ky. 457, 3 J.J. Marsh. 457, 1830 Ky. LEXIS 93
CourtCourt of Appeals of Kentucky
DecidedApril 10, 1830
StatusPublished

This text of 26 Ky. 457 (Wallace's Heirs v. Twyman) is published on Counsel Stack Legal Research, covering Court of Appeals of Kentucky primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wallace's Heirs v. Twyman, 26 Ky. 457, 3 J.J. Marsh. 457, 1830 Ky. LEXIS 93 (Ky. Ct. App. 1830).

Opinion

Judge Buckner

delivered the opinion of the Court.

On the 14th day of April, 1814, James Twyman the appellee, and W. Henry, executed their «oteto John Wallace, binding themselves to pay to [458]*458ono year, $446 50. Upon which the executor and executrix of Wallace, (he having died,) instituted suit, and recovered against Twyman, the suit having been abated as to Henry, who had died. The debt was replevied by the appellee, with Joseph James, as tiis surety.

The appellee then filed his bill in chancery, against the executor and executrix, alleging, that in April, 1811, he had borrowed of their testator, $300, for one year, at the usurous interest of twelve percent, per annum; and in pursuance of the agreement, had executed a note with said Henry, as his surety, payable one year after date, for $>336; that, when that note became due, Wallace agreed to indulge for another year, upon his executing a new note for the whole amount, with interest thereon, at the rate of ten per cent, per annumn, which he did with the same surety; that when this last note became due, it was given up, and a third note executed, payable one year after date, with the same surety, including an ■usurious interest, at same rate, on the entire sjpn stipulated to be. paid by the second note; that when the third note was due, a calculation Was again made, by adding the same interest on the whole sum for one year, and a fourth note was executed, with the same surety, for $446 50, payable on the 14th of April, 1815. He says, tint after this, the note was not renewed, but said Wallace still agreed to indulge him, by permitting the note to stand, carrying six per centum per annum, from the time it was due,.on condition the appellee should pay four per centum per annum,in addition thereto, to which he consented; and on the —— day of •-they ascertained the amount of said four per centum interest, from the 14th of April, 1815, tobe $89, for which, deducting $18, which, as a part thereof, he had previously paid, he executed two notes, for which he had, after the death of Wallace, the obligee, been sued, on warrants by the appellants, arid compelled to pay the amount, with interest and costs. He also states that he had paid, of the debt replevied, $325; two hundred and fifty dollars, of which last sum were paid, in April, 1824, and the rem inder on the 12th oí June next thereafter. The bill concludes with a prayer [459]*459for an injunction against the judgment at law, and for relief generally. ..

The defendants answered, denying the allegations of the bill as to the illegal interest, but admit the two payments, amounting to $325; and that they had-sued on two small notes, the precise amounts of which, they did not recollect, executed by the appellee to their testator, and had collected them by executions.

The executrix acknowledged that her testator had loaned money to the appellee, but she did not know the amount loaned, what rate of interest - had been agreed upon or received.

They each deny any .knowledge of the considera» tiou,on which the note was founded, on which Ihey-had recovered judgment for $446 50,‘with interest and costs; and demand proof of every allegation of the bill, which they had not admitted.

Upon the hearing of the cause, the circuit court entered a decree in favor of Twyman, perpetually injoining the executor and executrix from the collection of the judgment and replevin bond, and that the appellee should recover his costs; to reverse which,, they prosecute this appeal».

The only deposition taken in the cause, was that of Joseph James, tue security in the replevin bond. The only points, therefore, to be decided, relate to the competency and effect of that.testimony..

The circuit court caused the following. entry to be made on the record: “The complainant brought into • court the sum of $446 30, the full-amount due 6n the replevin bond at law, and subject to the order of this court, and made nis motion for leave to take the deposition of Joseph James, his replevin securny,. presenting, at the same time, his affidavit, to show the materiality of his testimony; wherefore, it is ordered by the court, that the plaintiffs in the action at law,, have liberty to receive the said sum of money, subject to. the further order or decree of this court, and-that, in the mean time, Pnilemon B. Price take charge of said sum of money, as the receiver of this court,, giving his receipt for the same, to hold the same subject to the order of this court, or the receipt in full [460]*460of the plaintiffs at law; and that upon the payment, of the said sum of money, to the said receiver, as aforesaid by said, Twyman, leave be given the complainant in chancery, to take the deposition of the said Joseph James. It is further ordered that a copy of this order be served on the plaintiffs at law, before the taking of said deposition.”

.If A be a security in a re-plevy bond, he is not u competent witness to prove any fact tending; to invalidate the obliga tiers of said bond, the’ the principal may have paid the amount for which he íb responsible, to a receiver appointed by court. Such payment does not discharge the bond or release the security.

[460]*460In pursuance of this order, the appellee procured the receipt of said Price, in the following words:

“Received of James Twyman, by the hands of Barnabas Worland, special agent of said Twyman, the sum of $552 50, being the amount of a replevin bond and interest, executed by said Twyman, and Joseph James his security, to the executors of John Wallace, deceased,dated 9th April, 1822, for $641 20 cents, subject to the following credits: $250 paid 20th April, 1824, and $75, paid 12th of June, 1824. The aforesaid sum of money is received by me, under the order of the Scott circuit court, at the present term, in the suit in chancery, wherein the said Twyman is complainant and the executors of said Wallace are-defendants, to be safely preserved, or disposed of) agreeably to Said order or orders of said court. Given under my hand and seal this 7th of March, 1827. P. B. PRICE, (Seal.)”

And then proceeded to take said deposition.

On the trial, the appellee proved the payment of the sum in the receipt mentioned, to Price, the receiver appointed by the court, and the execution of the receipt.

The executors objected to the making of the order granting leave to take the deposition, and to the reading of it, which the court overruled; and they excepted to the opinion.

James; by his responsibility as security in the re-plevin bond, was clearly an incompetent witness, and we are not of opinion that the deposit by Twyman, of the money, in the hands of Price, under the order of the court, rendered him competent. It may be true, that the temptation to perjury might be thereby diminished; but be was not the less directly interested. The replevin bond remained unsatisfied, and the [461]*461delivery of the money to the receiver, did not, in the slightest degree, lessen his legal responsibility, if the receiver should act faithfully, and have the money ready to be disposed of, as the court might thereafter direct, to the extent of the amount paid, James would have been safe. But many casualties may be imagined, which would have still left him to pay a part or the whole of the sum replevied.

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26 Ky. 457, 3 J.J. Marsh. 457, 1830 Ky. LEXIS 93, Counsel Stack Legal Research, https://law.counselstack.com/opinion/wallaces-heirs-v-twyman-kyctapp-1830.