Welty v. County Court of Barbour County

33 S.E. 269, 46 W. Va. 460, 1899 W. Va. LEXIS 66
CourtWest Virginia Supreme Court
DecidedApril 15, 1899
StatusPublished
Cited by3 cases

This text of 33 S.E. 269 (Welty v. County Court of Barbour County) is published on Counsel Stack Legal Research, covering West Virginia Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Welty v. County Court of Barbour County, 33 S.E. 269, 46 W. Va. 460, 1899 W. Va. LEXIS 66 (W. Va. 1899).

Opinion

.English, Judge:

The county court of Barbour County, in pursuance of the provisions of section 24, chapter 39, of the Code, caused a vote to be taken upon the question as to whether Valley district should subscribe to the capital stock of ¡the Grafton & Greenbrier Ilailroad Company; and, it appearing from the returns of the election that more than three-ñfths of the votes cast were in favor of said subscription, on April 8, 1896, the county court authorized and ordered Luther C. Elliott, who was appointed agent on behalf of said district, to subscribe for twenty-five shares of said capital stock, of the par value -of one hundred dollars each, to be paidi at such times and in such installments as the directors of said company should prescribe for the payment of other stockholders in the coupon bonds of said [461]*461district, payable on the 1st of January, 1920, in sums of one hundred dollars and multiples thereof, bearing interest at six per icent. per annum, payable annually, and redeemable at the pleasure of the court. These bonds were prepared at the expense of said county, and executed and delivered by the clerk of said court to said' railroad company. Sebastian Welty, for value received, became owner and holder of five interest coupons of said district, due July 1, 1893, for thirty dollars each, which coupons, when due and payable, said Welty presented to the sheriff of said county, andi demanded payment, which was refused. At the June term, 1895, of the Barbour county court, he presented .said coupons to the court, and demanded payment thereof, and requested said court to make an order directing the sheriff to pay said interest coupons, which demand and request were refused. Thereupon Welty presented his petition to the circuit court of Barbour County, praying a.n alternate writ of mandamus might be awarded him, directed to the county court of Barbour, returnable to the 12th of February, 1896, commanding it to levy a sufficient tax upon the taxable property within the limits of Valley district to pay off and discharge said interest coupons, together with the accrued interest and costs, or show cause why it should not do so, which alternative writ was issued. The county court demurred to1 the petition of the' relator, and by way of return admitted that Valley distict of said county subscribed two thousand five hundred dollars to the capital stock of the Grafton & Greenbrier Railroad Company, and caused its bonds to be issued therefor, and with each bond interest coupons in the nature of an order on the treasurer of the district, signed by the president of the county court, claimed that it did not know who was then the owner of said coupon bonds, and demanded full proof of its ownership, and the production of the bonds by him, admitted that the interest on said bonds was to be paid annually on the 1st of July, and the interest which plaintiff seeks to recover in this proceeding was due July 1, 1893, and was payable out of levy of June, 1892; that said tax wa,s collected by James A. Williamson, deceased, then sheriff of Barbour County, and if plaintiff was the owner of said bonds, and did not collect the interest due thereon July 1, 1893, he alone was [462]*462in default, and should suffer the loss, if lo,ss there be; tha.t said Grafton & Greenbrier Railroad Company did not build and complete its road according to its charter a,nd agreement, and so said bonds are void, and the holder took them subject to all equities attaching to them in the hands of said company; that the directors fraudulently, and with intent to defeat defendant’s stock, made a voluntary gift of one hundred and sixteen thousand dollars of stock in said company to the Baltimore & Ohio Railroad Company, thereby rendering said Valley district stock worthless, and preventing it from ever paying a cent of dividend, and for this said bonds are void and interest not collectible, and defendant was informed that said railroad company forfeitéd its charter, and for that reason said bonds are void. On February 26, 1897, an order was entered overruling the motion of the defendant to quash the alternative writ, and thereupon the plaintiff demurred to the return of the defendant to the alternative writiof mandamus, which demurrer was sustained as to all the allegations of said return, except as follows: “Defendant says that said Grafton & Greenbrier Railroad Company did not build and complete its said road according to its charter and agreement, and so the said bonds are void, and the holder of them took them, as he is informed, subject to all the equities attaching to them in the hands of said company,” — also the allegation which reads as follows: “Defendant is informed that said Grafton & Greenbrier R. R. Go. forfeited its charter, and for that reason tsaid bonds are void.” On November 12, 1897, the question of law and fact upon the issues joined were submitted to the court, and a writ of peremptory mandamus, was awarded against the defendant, requiring it forthwith to levy upon the taxable property, real and personal, of the taxpayers in Valley district, Barbour County, for a sum sufficient to pay the relator the sum of one hundred and eighty-nine dollars and twenty-two and one-half cents, the aggregate of the debt set forth in said petition, with interest from November 10, 1897; and from this judgment this writ of error was obtained.

It is claimed the court erred in overruling defendant’s motion to quash the alternative writ of mandamus, because that writ does not show that the plaintiff presented

[463]*463said coupons at tbe bank or to the sheriff for payment after they had become -due and does not show that they were ever presented at the bank where they are payable, simply reciting that the sheriffs of said county have refused to pay the same. Now, the relator in his petition states that when said coupons became due he presented them for payment to James A. Williamson, then sheriff of Bar-hour, who refused to pay them, and he afterwards presented them to T. T. Elliott, then sheriff of said county, who in like manner refused payment thereof, each sheriff claiming that he ,did not have to pay them, and was not authorized to do so. While it is true that in Fisher v. City of Charleston, 17 W. Va. 628, it is held that the petition and rule constitute no part of the pleadings in cases of mandamus, (and to these the strict rules olf pleading are not applied, it being in all cases sufficient for the petition to set forth aprima facie, case), yet, when it is claimed that the relator does not show that he presented these coupons to the sheriff for payment after they became due, the allegations of the petition may be resorted to for the purpose of .showing the relator has made a prima facie case, such as would entitle him to the alternative writ.

As to the point raised in reference to the failure to present said coupons at the ba;nk for payment, Daniels on Negotiable Instruments (volume 2, section 1507) says: “The degree of diligence to be exercised by the holder of a coupon in presenting it for payment is to be ascertained by reference to the relation of the parties liable upon it. It is due and payable on the very day fixed for the payment of interest on the bond, and, like a promissory note, payable on a day certain, it need not be demanded, as against the maker, on that day to preserve his liability, and, though in the form of a draft on a bank, neither demand nor notice is n'ecessary to charge the drawer.” Arents v. Com., 18 Grat., 773.

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Bluebook (online)
33 S.E. 269, 46 W. Va. 460, 1899 W. Va. LEXIS 66, Counsel Stack Legal Research, https://law.counselstack.com/opinion/welty-v-county-court-of-barbour-county-wva-1899.