Westport National Bank v. Karsnak

61 Pa. D. & C.2d 564, 1973 Pa. Dist. & Cnty. Dec. LEXIS 459
CourtPennsylvania Court of Common Pleas, Westmoreland County
DecidedFebruary 15, 1973
Docketno. 480
StatusPublished
Cited by1 cases

This text of 61 Pa. D. & C.2d 564 (Westport National Bank v. Karsnak) is published on Counsel Stack Legal Research, covering Pennsylvania Court of Common Pleas, Westmoreland County primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Westport National Bank v. Karsnak, 61 Pa. D. & C.2d 564, 1973 Pa. Dist. & Cnty. Dec. LEXIS 459 (Pa. Super. Ct. 1973).

Opinion

SCULCO, J.,

— This matter is before the court en banc on plaintiff’s motion for judgment on the pleadings. A summary of the facts in this case is as follows.

On March 22, 1971, defendant G. E. Karsnak, alias dictus George E. Karsnak, did make, sign and duly execute a general power of attorney making, constituting and appointing one T. W. Mitchell his attorney in fact. Defendant Karsnak did authorize his attorney in fact to, inter alia:

“3. Draw, make, execute and deliver any and all checks, drafts, promissory notes and other instruments for the payment of money payable by or at the Bank, and give any orders or direction by letter, telegram or otherwise for the withdrawal, transfer or other disposition of any hinds at any time(s) held by the Bank on deposit or otherwise available to the Principal.”

Said general power of attorney was filed with plaintiff, Westport National Bank, and on various occasions defendant’s attorney in fact, T. W. Mitchell, did exercise his authority and did enter into agreements with plaintiff in the name of and on behalf of defendant for certain sums of money. Defendant’s failure to repay the sums forwarded him through these transactions constitutes the basis of this complaint. The transactions in question are as follows:

Date Date Payable Interest Per Amount Annum

Count I

17 May, 1971 80 days after date $ 3,000 7.5%

Count ll

21 June, 1971 60 days after date $ 4,400 7.5%

[566]*566 Count III

17 July, 1971 42 days after date $ 7,500 7.5%

Count IV

21 July, 1971 40 days after date $20,600 7.5%

Count V

26 July, 1971 35 days after date $14,000 7.5%

Count VI

29 July, 1971 32 days after date $ 8,650 7.5%

Count No. VII of plaintiff’s complaint is based upon a note dated November 4, 1971, in which defendant personally, along with various other individuals, did jointly and severally promise to pay plaintiff bank at its office in Westport, Conn., $104,000 at 7V2 percent interest per annum for value received from plaintiff bank. This note contained the following default provision:

“In the event of any default in the payment of any installment of principal or interest on this note and such default continuing for a period of ten (10) days after the due date thereof, then at the option of the holder of this note, the entire amount of principal and interest remaining unpaid shall immediately become due and payable without notice.”

On November 25, 1971, the first payment on the note dated November 4, 1971, became due and defendant failed to make payment even though payment had been demanded by plaintiff. Defendant has continually failed to make any payment to plaintiff.

It is upon these facts that plaintiff on August 11, 1972, commenced this action.

On October 5, 1972, defendant did file an answer to [567]*567plaintiff’s complaint wherein defendant, concerning counts I through VI, did allege, inter alia, that upon agreement of the representatives of plaintiff bank, attorney in fact Mitchell, and defendant Karsnak, this general power of attorney was limited to $50,000. Defendant also purported that certain airplanes were to be held as collateral for portions of each loan made pursuant to the general power of attorney.

Defendant further answered that he was not aware of certain advances being made pursuant to a power of attorney, that he denied liability for the sums due on the notes, and that he denied responsibility for any cost of collection since, in this instant matter, these costs are based upon a percentage and no percentage was ever agreed upon.

Defendant’s answer to allegations constituting count No. VII, except to admit identity of defendant, neither admitted nor denied plaintiff’s statements.

Interrogatories were submitted by defendant to plaintiff and plaintiff subsequently filed answers thereto.

On October 5, 1972, plaintiff motioned for judgment on the pleadings alleging:

COUNTS I THROUGH VI

That defendant, in his answers, alleged matters with regard to the written general power of attorney and the written promissory notes which are contrary to the parol evidence rule without alleging any matters which would take the case out of said rule.

COUNT VII

That the alleged matters of the seventh count are neither admitted nor denied and, in the absence of a proper denial, plaintiff is entitled to judgment.

[568]*568COUNTS I THROUGH VI

The crux of plaintiff’s argument for granting its judgment on the pleadings arises from defendant’s answer of the existence of an oral understanding or oral agreement that the power of attorney did authorize T. W. Mitchell, attorney in fact, to exercise his powers under such instrument to a ceiling of $50,-000.

This question of whether or not there was an integration of the oral agreement and the written power of attorney is one of law for the court to decide: Harrison v. Soffer, 221 Pa. Superior Ct. 275 (1972).

The oral agreement as alleged by defendant would certainly be inconsistent with the terms of the written general power of attorney signed by defendant. Through this general power of attorney defendant invested one T. W. Mitchell, attorney in fact, with the authority to:

“Draw, make, execute and deliver any and all checks, drafts, promissory notes and other instruments for the payment of money payable by or at the Bank, and give any orders or directions by letter, telegram or otherwise for the withdrawal, transfer or other disposition of any funds at any time(s) held by the Bank on deposit or otherwise available to the Principal,” and notes constituting counts I through VI are executed on the authority of same. There is no limitation, monetary or otherwise, on the face of the instrument indicating a restraint or limitation upon the powers of the attorney in fact.

Defendant’s allegation of oral modification of the general authority with which he invested his attorney in fact smacks directly contra the court’s dictates in Gianni v. Russell and Co., Inc., 281 Pa. 320 (1924), where the court stated:

“ ‘Where parties, without any fraud or mistake, have [569]*569deliberately put their engagements in writing, the law declares the writing to be not only the best, but the only, evidence of their agreement’ (citing cases). ‘All preliminary negotiations, conversations and verbal agreements are merged in and superseded by the subsequent written contract . . . and unless fraud, accident or mistake be averred, the writing constitutes the agreement between the parties, and its terms cannot be added to nor subtracted from by parol evidence.’ ”

The Gianni case further sets forth that:

“In cases of this kind, where the cause of action rests entirely on an alleged oral understanding concerning a subject which is dealt with in a written contract, it is presumed that the writing was intended to set forth the entire agreement as to that particular subject. ‘In deciding upon this intent . . . the chief and most satisfactory index ...

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Bluebook (online)
61 Pa. D. & C.2d 564, 1973 Pa. Dist. & Cnty. Dec. LEXIS 459, Counsel Stack Legal Research, https://law.counselstack.com/opinion/westport-national-bank-v-karsnak-pactcomplwestmo-1973.