Wise v. Cobb

100 So. 189, 135 Miss. 673, 1924 Miss. LEXIS 58
Mississippi Supreme Court·Decided May 26, 1924·No. No. 23952·Published·Cited by 1 cases

Opinion

Ethridge, J.,

delivered the opinion of the court.

The appellees, Cobb and Fitzgerald, sued R. M. Wise and W. B. Wise, as partners, alleging the assignment of certain accounts by the Wise brothers to the plaintiffs and the guaranty that said accounts were true and correct, and averring that certain items were untrue and incorrect. The instrument relied on as a guaranty reads as follows:

“For value received, I hereby transfer and assign to Cobb and Fitzgerald, Jonestown, Mississippi the above listed accounts showing, the amounts due on this date opposite name of debtor and I guarantee the said accounts to be true and correct. Clarksdale, Mississippi, June 29th, 1917.

‘£ [ Signed] W. B, Wise. ’ ’

There was a denial of the partnership under oath by R. M. Wise. There was also an affidavit denying the indebtedness to the plaintiffs and denying the correctness of the account sued upon; also a plea of the general issue and a plea of the statute of limitation, and a plea of the statute of frauds.

It appears that R. M. Wise and W. B. Wise were formerly partners, and were engaged in business as such at Jonestown, Miss., and that they first sold to Cobb and Fitzgerald their lands, stock of goods, and storehouse in the month of December, 1916. At the time of this purchase the plaintiffs, Cobb and Fitzgerald, would not buy the book accounts and other partnership securities. There was no proof that a partnership existed between R. M. Wise and W. B. Wise on June 29, 1917, at which date the above assignment was executed by W. B. Wise. There is proof in the record by R. M. Wise that the partnership was dissolved after the sale of the storehouse and goods to the plaintiffs and that in January, [679]*6791917, for a nominal consideration R. M. Wise sold to W. B. Wise his interest in said accounts. There was other proof tending to show that W. B. Wise conducted some kind of business and that goods were sold to him as an individual. There was some proof in the record that one of the members of the plaintiffs’ firm had some conversation with R. M. Wise in reference to the accounts but no statement as to a partnership existing at the time, nor was any contract made with R. M. Wise. The entire dealings were between W. B. Wise and Cobb & Fitzgerald in so far as the assignments and notes were concerned. W. B. Wise did not testify as a witness in the case.

At the conclusion of the evidence the defendant R. M. Wise, moved the court to exclude the evidence and to grant a peremptory instruction as to R. M. Wise because the evidence does not show or connect R. M. Wise with the subject-matter of the lawsuit, nor that he is in any manner liable to the plaintiffs; and, second, that the suit was brought against R. M. Wise and W. B. Wise as a suit on a joint obligation, and the evidence shows it is not an obligation of both partners, but the several obligations of W. B. Wise, and that there is no written evidence of liability or promise of R. M. Wise or any promise on the part of either defendant as to the three hundred three dollars and-fifteen cents item, and that it comes within the statute of frauds; third, that all of the items sued for are shown to be on an oral contract or account, and that the statutes of limitation have run against all of such items; fourth, that it is shown that there is no partnership in existence at the time of making the agreement sued on, or any of them, and therefore no partnership agreement shown, and if there is any liability it would be against W. B. Wise, and not the defendants jointly. _ '

_ The court granted the plaintiffs a charge to the jury that they should find against W. B. Wise in the sum of three hundred eighty-five dollars and eighty-six cents, [680] as he signed the agreement of guaranty, and the amount of the contract is undisputed, and, further, that they should find for the plaintiff against R. M. Wise if they believe that in signing the guaranty W. B. Wise was acting both for himself and R. M. Wise, and further instructed the jury that, if they believe from a preponderance of the evidence that there had been such a firm as Wise Bros., composed of R. M. Wise and W. B. Wise, and W. B. Wise had been acting as the agent for this firm in the transaction of its business, and that plaintiffs knew this, and that at the time of the purchase of the accounts plaintiffs relied on this practice, and believed that W. B. Wise was so acting, and believed that he was dealing with the firm of Wise Bros., and had received no notice that "this firm was dissolved, then R. M. Wise is estopped to deny that he is not liable on the guaranty, and is estopped to deny that W. B. Wise was his agent in the transaction.

The court below refused the defendants an instruction that under the facts and circumstances of the case oral testimony is not admissible and is not to be considered to vary or contradict the terms of the written contract or agreement attached to the declaration set out above. Defendant also requested and was refused a charge that in this case the written agreement is upon its face conclusively the contract and agreement of W. B. Wise, and is in no wise the contract and agreement of Wise Bros., composed of R. M. Wise and W. B. Wise, and, unless from the evidence in this case the plaintiffs have established by a clear preponderance of the evidence that such-written agreement was not the agreement and contract of W. B. Wise, but was the contract of the partnership of W. B. Wise and R. M. Wise, then it is the duty of the jury to find for the defendants.

There was a judgment and verdict against appellants, from which they appealed jointly, and signed the bond reciting “R. M. Wise and W. B. Wise, principals, and [681] S. H. Friedman and Sam J. Avery, sureties.” This.bond is a supersedeas bond.

The partnership having been denied under oath, it was encumbent upon the plaintiffs to prove the existence of the partnership at the date of the contract for the purchase of the accounts and notes, and, failing so to do, they are not entitled to recover of E. M. Wise.

It further appears that E. M. Wise did not sign the written guaranty, and is not bound thereby, the guaranty being the individual undertaking of W. B. Wise, and not the undertaking of W. B. Wise and E. M. Wise as partners.

Free access — add to your briefcase to read the full text and ask questions with AI

Wise v. Cobb, 100 So. 189, 135 Miss. 673, 1924 Miss. LEXIS 58 (Mich. 1924).

100 So. 189 (Wise v. Cobb) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Wisdom v. Guess Drycleaning Co.
5 F. Supp. 762 (S.D. Mississippi, 1934)