JEFFREY, C.
On October 9, 1918, Lewis H. Rogers and Julia B. Rogers procured a loan from the F. B. Collins Investment Company of Oklahoma City in the sum of $800, and gave in exchange therefor their promissory note for that amount, du'e October 9, 1928, bearing interest at the rate of 6 per cent, per annum, represented by 10 coupon notes attached. At the same time, and as a part and parcel of the same transaction the borrowers executed a real estate mortgage
in favor of said loan company on 40 acres of land located in Tulsa county to secure tire payment of said note and interest. On the 25th day of October, 1918, tbe F. B. Collins Investment Company sold and assigned tbe principal and interest notes and mortgage securing tbe sam'e to C. J. Weiser of Deeorah, Iowa, wbo will herein be designated as plaintiff. Sometime prior to August 17, 1920, Lewis IT. Rogers and Julia B. Rogers sold and transferred, by warranty deed, t'be. land covered by tbe mortgage to Ju.ius Doerksen. Doerksen assumed tbe indebtedness against tbe land and continued to pay tbe coupon interest notes as tli'ey matured until tbe fifth note matured on tbe 1st day of October, 1923, at which time be defaulted. On March 25, 1925, plaintiff commenced bis action against Lewis H. Rogers. Julia B. Rogers, Julius Doerksen, and Mrs. Julius Doerksen for judgment on tbe principal note, tbe unpaid interest coupons, together with interest and attorneys’ fe.es, and to forclose tbe mortgage. Lewis H. Rogers and Julia B. Rogers defaulted. Julius Doerk-sen and wife, wbo will herein be referred to as defendants, answered admitting tbe execution of tbe note and mortgage, and that they bad purchased tbe land and assumed tbe indebtedness; but by way of further answer alleged that on the 20th day of September, 1921, they paid tbe sum of $400 to tbe F. B. Collins Investment Company, who was agent for plaintiff, to be applied on the principal note, and that on October 1, 1922, they paid in like manner the further sum of $100 to be applied on the principal note. Defendants then tendered tbe sum of $321, contended by them to be the balance due after allowing credit for $500, which they claimed to be entitled to. The cause was tried to the court without a jury. All questions of fact, except one, were agreed upon and submitted to tbe court in tbe form of a written stipulation. It was agreed that defendants never knew until sometime in 1923 that plaintiff held the note and mortgage in question; that defendants and their grantors paid interest coupons 1, 2, 3, and 4 to t'be F. B. Collins Investment Company in response to notice received from said investment company; and that upon the payment of each of said coupons, the I<\ B. Collins Investment Company forwarded sucii coupon to the party making the payment with said investment company’s stamp thereon showing payment. It was further agr'eed that, on September 17. 1921, the defendants paid to the F. B. Collins Investment Company the sum of $502.35, receipt of which was acknowledged by said investment company, but that the same was not forwarded to plaintiff, and that plaintiff neyer received said payment, and' did not allow credit for it. The only question involved in the. cas'e and left for the determination of the court was whether or not the F. B. Collins Investment Company acted as agent of plaintiff in receiving tbe payments on tbe principal amount of the loan in the sum of $502.-35. The court decided this question in favor of defendants and allowed defendants credit for the amount so paid. Plaintiff has appealed and presents the single imoposition that there is no evidence to support the court’s finding that tbe investment company acted as agent of plaintiff in receiving the amounts paid on the principal.
Agency will not be presumed, but the burden is upon him who asserts agency to ’establish it by competent evidence the same as any other fact. This, defendants failed to do. The only evidence relating to agency is that the original borrower made one or two interest payments to the investment company, and defendants made others to the investment company up to and including coupon No. 4. These four coupons were offered in evidence bearing the “Paid” stamp of the F. B. Collins Investment Company. The evidence also shows that when interest payments were made to the investment company, that company would remit to plaintiff at Deeorah', Iowa, and plaintiff would upon receipt of the remittance detach the matured interest coupon and return it to the investment company, which would in turn transmit it to defendants. There was also introduced in evidence a postcard and letter from the Collins Investment Company to defendants acknowledging receipt of the payments on the principal of tbe note, and stating that credit had been allowed on the note for such payments. Another letter along the same line written by the investment company to defendants’ local bank was admitted in evidence. There was also admitted in evidence a letter written by plaintiff’s bank- at De-corali, Iowa, to defendants in September, 1923, advising defendants that the bank would thereafter attend to the collection of the principal and interest for plaintiff. Plaintiff testified that at the time he purchased the note and mortgage, he received the application of Lewis H. Rogers and Julia B. Rogers designating the F. B. Collins Investment Company as agent of the borrowers; that h’e never authorized said investment company to act as. his agent in any particular, but that when payments were received from the investment company, he returned tbe matured coupon to it. The rec
ord does not disclose whether or not p.ain-tiff knew that defendants had purchased the land prior to September, 1923- Neither does the record show in what form the investment company forwarded the remittances for interest to plaintiff.
It is a settled rule of law that evidence of statements, declarations, and acts of the reputed agent, standing alone, are not admissible in evidence to establish the relation of principal and agent. Winnebago State Bank v. Hall et al., 127 Okla. 215, 260 Pac. 497; Ramsay, Adm’r, v. Thompson et al., 127 Okla. 257, 260 Pac. 773, and other authorities therein cited. In the Winnebago State Bank Case, and also in the ease of Chaste v. Commerce Trust Company et al., 132 Okla. 245, 270 Pac. 73, paid coupon notes similar to the ones in question were relied upon to establisr tgency. In both cases they were h'eld to be insufficient, and in the first-mentioned case, it is specifically pointed out that these interest coupons, in the absence of other competent evidence tending to establish the relation of principal- and agent, are incompetent. It is not contended, and certainly cannot be with any degree of good faith, that the letters and cards referred to have, any evidentiary value on th'e question. There is a total lack of any evidence in the record reasonably tending to establish the fact that the investment company was expressly or impliedly authorized to act as agent for plaintiff in the collection of the principal.
It is contended by -counsel for defendants that t'he. course of dealing established by the evidence is sufficient to show that the investment company was the ostensible agent of plaintiff, and that plaintiff is in law es-topped from denying such relation. The case of International Life Insurance Company of St. Louis v. Bradley, 114 Okla. 231, 246 Pac. 222, is relied on as authority on this point. We have carefully examined that case, and are of t'he opinion that it does not control the instant case.
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JEFFREY, C.
On October 9, 1918, Lewis H. Rogers and Julia B. Rogers procured a loan from the F. B. Collins Investment Company of Oklahoma City in the sum of $800, and gave in exchange therefor their promissory note for that amount, du'e October 9, 1928, bearing interest at the rate of 6 per cent, per annum, represented by 10 coupon notes attached. At the same time, and as a part and parcel of the same transaction the borrowers executed a real estate mortgage
in favor of said loan company on 40 acres of land located in Tulsa county to secure tire payment of said note and interest. On the 25th day of October, 1918, tbe F. B. Collins Investment Company sold and assigned tbe principal and interest notes and mortgage securing tbe sam'e to C. J. Weiser of Deeorah, Iowa, wbo will herein be designated as plaintiff. Sometime prior to August 17, 1920, Lewis IT. Rogers and Julia B. Rogers sold and transferred, by warranty deed, t'be. land covered by tbe mortgage to Ju.ius Doerksen. Doerksen assumed tbe indebtedness against tbe land and continued to pay tbe coupon interest notes as tli'ey matured until tbe fifth note matured on tbe 1st day of October, 1923, at which time be defaulted. On March 25, 1925, plaintiff commenced bis action against Lewis H. Rogers. Julia B. Rogers, Julius Doerksen, and Mrs. Julius Doerksen for judgment on tbe principal note, tbe unpaid interest coupons, together with interest and attorneys’ fe.es, and to forclose tbe mortgage. Lewis H. Rogers and Julia B. Rogers defaulted. Julius Doerk-sen and wife, wbo will herein be referred to as defendants, answered admitting tbe execution of tbe note and mortgage, and that they bad purchased tbe land and assumed tbe indebtedness; but by way of further answer alleged that on the 20th day of September, 1921, they paid tbe sum of $400 to tbe F. B. Collins Investment Company, who was agent for plaintiff, to be applied on the principal note, and that on October 1, 1922, they paid in like manner the further sum of $100 to be applied on the principal note. Defendants then tendered tbe sum of $321, contended by them to be the balance due after allowing credit for $500, which they claimed to be entitled to. The cause was tried to the court without a jury. All questions of fact, except one, were agreed upon and submitted to tbe court in tbe form of a written stipulation. It was agreed that defendants never knew until sometime in 1923 that plaintiff held the note and mortgage in question; that defendants and their grantors paid interest coupons 1, 2, 3, and 4 to t'be F. B. Collins Investment Company in response to notice received from said investment company; and that upon the payment of each of said coupons, the I<\ B. Collins Investment Company forwarded sucii coupon to the party making the payment with said investment company’s stamp thereon showing payment. It was further agr'eed that, on September 17. 1921, the defendants paid to the F. B. Collins Investment Company the sum of $502.35, receipt of which was acknowledged by said investment company, but that the same was not forwarded to plaintiff, and that plaintiff neyer received said payment, and' did not allow credit for it. The only question involved in the. cas'e and left for the determination of the court was whether or not the F. B. Collins Investment Company acted as agent of plaintiff in receiving tbe payments on tbe principal amount of the loan in the sum of $502.-35. The court decided this question in favor of defendants and allowed defendants credit for the amount so paid. Plaintiff has appealed and presents the single imoposition that there is no evidence to support the court’s finding that tbe investment company acted as agent of plaintiff in receiving the amounts paid on the principal.
Agency will not be presumed, but the burden is upon him who asserts agency to ’establish it by competent evidence the same as any other fact. This, defendants failed to do. The only evidence relating to agency is that the original borrower made one or two interest payments to the investment company, and defendants made others to the investment company up to and including coupon No. 4. These four coupons were offered in evidence bearing the “Paid” stamp of the F. B. Collins Investment Company. The evidence also shows that when interest payments were made to the investment company, that company would remit to plaintiff at Deeorah', Iowa, and plaintiff would upon receipt of the remittance detach the matured interest coupon and return it to the investment company, which would in turn transmit it to defendants. There was also introduced in evidence a postcard and letter from the Collins Investment Company to defendants acknowledging receipt of the payments on the principal of tbe note, and stating that credit had been allowed on the note for such payments. Another letter along the same line written by the investment company to defendants’ local bank was admitted in evidence. There was also admitted in evidence a letter written by plaintiff’s bank- at De-corali, Iowa, to defendants in September, 1923, advising defendants that the bank would thereafter attend to the collection of the principal and interest for plaintiff. Plaintiff testified that at the time he purchased the note and mortgage, he received the application of Lewis H. Rogers and Julia B. Rogers designating the F. B. Collins Investment Company as agent of the borrowers; that h’e never authorized said investment company to act as. his agent in any particular, but that when payments were received from the investment company, he returned tbe matured coupon to it. The rec
ord does not disclose whether or not p.ain-tiff knew that defendants had purchased the land prior to September, 1923- Neither does the record show in what form the investment company forwarded the remittances for interest to plaintiff.
It is a settled rule of law that evidence of statements, declarations, and acts of the reputed agent, standing alone, are not admissible in evidence to establish the relation of principal and agent. Winnebago State Bank v. Hall et al., 127 Okla. 215, 260 Pac. 497; Ramsay, Adm’r, v. Thompson et al., 127 Okla. 257, 260 Pac. 773, and other authorities therein cited. In the Winnebago State Bank Case, and also in the ease of Chaste v. Commerce Trust Company et al., 132 Okla. 245, 270 Pac. 73, paid coupon notes similar to the ones in question were relied upon to establisr tgency. In both cases they were h'eld to be insufficient, and in the first-mentioned case, it is specifically pointed out that these interest coupons, in the absence of other competent evidence tending to establish the relation of principal- and agent, are incompetent. It is not contended, and certainly cannot be with any degree of good faith, that the letters and cards referred to have, any evidentiary value on th'e question. There is a total lack of any evidence in the record reasonably tending to establish the fact that the investment company was expressly or impliedly authorized to act as agent for plaintiff in the collection of the principal.
It is contended by -counsel for defendants that t'he. course of dealing established by the evidence is sufficient to show that the investment company was the ostensible agent of plaintiff, and that plaintiff is in law es-topped from denying such relation. The case of International Life Insurance Company of St. Louis v. Bradley, 114 Okla. 231, 246 Pac. 222, is relied on as authority on this point. We have carefully examined that case, and are of t'he opinion that it does not control the instant case. Therte are many facts and circumstances recited in that case showing that the reputed agent did in fact at the request of th'e reputed principal perform related duties as the agent. In the case at bar, the evidence discloses no transaction between the investment company and plaintiff 'except forwarding of four inter'est payments by the investment company to plaintiff, and the transmittal of the paid coupons by plaintiff to the investment company. If it could be said that the investment company was agent for plaintiff for the purpose of collecting the interese, this would not alone make the investment company plaintiff’s agent for the collection of the principal, the notes not b'eing in the possession of the investment company. Chase v. Commerce Trust Co. et al., 101 Okla. 182, 224 Pac. 148; Weyl v. Smith, 122 Okla. 216, 253 Pac. 982; Chase v. Commerce Trust Co., 132 Okla. 245, 270 Pac. 73.
It appears that the note was negotiable in form, and at all times in possession of plaintiff, who was the holder thereof.
“Payment of a negotiable, note, secured by a mortgage, by the mortgagor, when made to the mortgagee not in possession of the note' and mortgage, is not binding upon the as-signee thereof before maturity, who has possession of the papers at the time of payment, unless he had expressly or impliedly authorized such payment.” Weyl v. Smith et al., 122 Okla. 216, 253 Pac. 982; Chase v. Commerce Trust Co. et al., 132 Okla. 245, 270 Pac. 73.
We conclude that there is no evidence to support th'e judgment of the trial court to the effect that the Fl B. Collins Investment Company was expressly or impliedly authorized to act as agent for plaintiff in the collection of the principal of th'e note. Neither are the. facts such as will estop plaintiff from denying the relation of principal and agent. This being true, the judgment of th'e trial court allowing defendant credit for the. amount paid on the principal to the investment company, without the knowledge and consent of plaintiff, was error.
The trial court awarded judgment against Lewis H. Rogers and Julia B. Rogers for the full amount asked in the petition, that is, $848, with interest thereon at t'he .rate of 10 per cent, from October 2, 1923, together with $9.25 expense incurred for abstract, an attorney’s fee of $100, and for foreclosure of the mortgage. The judgment against defendants should be for the same amounts, except th'e attorney’s fee, which was agreed upon as to defendants at $50- The judgment of the trial court is therefore reversed with directions to tihe trial court to enter judgment for plaintiff as hereinabove indicated.
BENNETT, HERR, DIFFENDAFFER, and HALL, Commissioners, concur.
By the Court: It is so ordered.