Walter C. Hadley Co. v. Cummings

64 P. 443, 7 Ariz. 258, 1901 Ariz. LEXIS 46
Arizona Supreme Court·Decided March 20, 1901·No. Civil No. 733·Published·Cited by 9 cases

Opinion

STREET, C. J.

The defendants in error herein brought suit in the district court in and for Pinal County against the plaintiffs in error and one Charles P. Kuhnen, alleging that all the defendants were the owners of and in the possession of the mine, mining claim, mill, and pumping plant known as the “Mammon Mine and Mill,” and that John N. Isgrig, one of the defendants, was the superintendent of said property, in full charge thereof. The Walter C. Hadley Company at all times were the owners of the Mammon mine and mill, and while such owners entered into an agreement with Charles P. Kuhnen as follows, to wit: “Know all men by these presents, that the Walter C. Hadley Company do hereby agree to accept from Charles P. Kuhnen the sum of $16,500.00 as purchase price of the Mammon mine and mill, etc., together with an undivided one-half interest in the Yellow Jacket claim: provided, that $2,900.00 now standing against the mine on the books of the Walter C. Hadley Company be also included: also, provided, the said Kuhnen protect the Walter C. Hadley Company against any claims that may be made by R. A. Heim, W. L. Morrow, John N. Isgrig, or by attorneys employed by John N. Isgrig in Kansas City in the Heim suit. The deed to be placed in escrow in the Consolidated National Bank, Tucson, Arizona, and $9,000.00 in cash to be placed in same bank at the same time to the credit of the Walter C. Hadley Company. Also $3,000.00 is to be placed to the credit of the Walter C. Hadley Company within ten days thereafter; the balance on one note for $8,250.00 to be placed to the credit of the Walter C. Hadley Company before May 1st, 1897. One half of the $16,500.00 is to be in cash; and a note for $8,250.00, with interest from date at 8 per cent per annum, payable before May 1st, 1897, is to be given for the other half. Amounts paid in cash over and above the first [260] $8,250.00 are to be credited on back of the note until note is paid. A note is also to be given by said Charles F. Kuhnen for $2,900.00, payable to the "Walter C. Hadley Company, to cover open account against the Mammon mine on the books of the above-named company. The last-named note to be payable on or before July 1st, 1897, with interest at 8 per cent per annum. Said Kuhnen to operate the mine from the date of the first cash payment of $9,000.00 is made. The deed mentioned above shall remain the property of the Walter C. Hadley Company until the said two notes are paid in full. If on the 1st day of May, 1897, the note for $8,250.00 is still unpaid, then C. F. Kuhnen is to vacate the property, and the Walter C. Hadley Company is to have full possession of same. All bullion or amalgam is to be deposited in the Consolidated National Bank as collateral security for the amounts due on notes. Pay-roll and all expenses from January 1st, 1897, to be paid by said Chas. F. Kuhnen, and all bullion shipped since January 9th, 1897, to belong to Chas. F. Kuhnen after notes and interest are paid. The Walter C. Hadley Company reserves the right to inquire into the financial standing and worth of Chas. F. Kuhnen and his wife.” Kuhnen went to work upon the mine, and through Isgrig, as superintendent, employed the defendants in error to work iipon the mine and about the mill. Their accounts for labor became due and were unpaid, and liens were filed. It is now sought to enforce those liens, not only against the interests of Kuhnen in the mine, but as against the interests of the owners, the Walter C. Hadley Company.

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Walter C. Hadley Co. v. Cummings, 64 P. 443, 7 Ariz. 258, 1901 Ariz. LEXIS 46 (Ark. 1901).

64 P. 443 (Walter C. Hadley Co. v. Cummings) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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