Capital Investors Company v. Devers

CourtU.S. Court of Appeals — Fourth Circuit
Writing for the CourtPER CURIAM
CitationCapital Investors Company v. Devers, 387 F.2d 591 (4th Cir. 1967)
Decision Date07 December 1967
Docket NumberNo. 11200,11345.,11200
PartiesCAPITAL INVESTORS COMPANY, Marian A. Morrison, and Arthur R. Morrison, Appellees, v. Malcolm B. DEVERS, Appellant. CAPITAL INVESTORS CO., Appellant, v. Arthur R. MORRISON, a/k/a A. R. Morrison, and Malcolm B. Devers, and Charles M. Fairchild, and Vincent G. Iorio and Emogene B. Iorio, and Marian A. Morrison, Appellees.

Josiah Lyman, Washington, D. C., (John Dalonas, Arlington, Va., and Wallace L. Schubert, Washington, D. C., on brief) for appellant Malcolm B. Devers.

E. A. Prichard, Fairfax, Va., (W. W. Moore and Bauknight, Prichard, McCandlish & Williams, Fairfax, Va., on brief) for appellant and appellee Capital Investors Co.

Allen J. Topol, Washington, D. C., (James C. McKay and James vanR. Springer, Washington, D. C., on brief) for appellee Marian A. Morrison.

Joseph B. Hyman, Alexandria, Va., (M. Patton Echols, Jr., Arlington, Va., on brief) for appellee Arthur R. Morrison.

Before BOREMAN and CRAVEN, Circuit Judges, and JONES, District Judge.

PER CURIAM:

These are consolidated appeals involving the same parties whose rights and obligations with respect to certain real estate we considered in a prior appeal. For a narrative of the facts and the relation of the parties see Capital Investors Co. v. Devers and companion cases, 360 F.2d 462 (4th Cir. 1966). In our prior decision we held parol evidence competent to prove that Capital Investors Company's notes were interest bearing. On remand the district court heard oral testimony to that effect and found that Capital "promised to pay interest at 6% per annum * * *." The finding is not clearly erroneous. The appeal of Capital is without merit and the decision of the district court in No. 11,345 is

Affirmed.

Devers appeals from the district judge's denial of his motion for a new trial on the asserted ground of newly discovered evidence. The prior judgment of the district court adverse to Devers was entered on June 29, 1965. It was certified as a final judgment under Rule 54(b). Devers accepted the certification by himself appealing from it. We affirmed in the above-referenced opinion filed May 2, 1966. The motion for a new trial was filed October 21, 1966 — more than 15 months after final judgment. Fed.R.Civ.P. 60(b) requires a motion for new trial on ground of newly discovered evidence to be made within one year.

The district court held (a) that the motion...

Get this document and AI-powered insights with a free trial of vLex and Vincent AI

Get Started for Free

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex
7 cases
  • Capital Investors Co. v. Executors of Morrison's Estate
    • United States
    • U.S. Court of Appeals — Fourth Circuit
    • 29 Septiembre 1978
    ...precedent on the very point. 1 Our earlier opinions are reported at 484 F.2d 1157 (4 Cir. 1973); 453 F.2d 1365 (4 Cir. 1972); 387 F.2d 591 (4 Cir. 1967); 360 F.2d 462 (4 Cir. 1966).2 Benn did put the certificate representing the capital stock of Capital Investors in escrow, but Morrison soo......
  • Capital Investors Co. v. Executors of Estate of Morrison
    • United States
    • U.S. Court of Appeals — Fourth Circuit
    • 12 Septiembre 1973
    ...application of the Uniform Commercial Code for resolution. Reversed and remanded with directions. 1 360 F.2d 462 (4 Cir., 1966); 387 F.2d 591 (4 Cir., 1967); and 453 F.2d 1365 (4 Cir. 1972). 2 Morrison died in 1969 and his executors were properly substituted in his place. 3 Only the first i......
  • Capital Investors Co. v. Executors of Estate of Morrison
    • United States
    • U.S. Court of Appeals — Fourth Circuit
    • 12 Septiembre 1986
    ...The earlier appellate opinions appear at 584 F.2d 652 (4th Cir.1978), 484 F.2d 1157 (4th Cir.1973), 453 F.2d 1365 (4th Cir.1972), 387 F.2d 591 (4th Cir.1967), 360 F.2d 462 (4th Cir.1966).2 Frost actually received more than $75,000 for Dreisen's half of the notes in 1969, because he reduced ......
  • Varley v. Varley
    • United States
    • Connecticut Supreme Court
    • 27 Mayo 1980
    ...judgment within the provision or rule limiting the application for a new trial to a specific period thereafter. Capital Investors Co. v. Devers, 387 F.2d 591, 592 (4th Cir. 1967); Gray v. Coan, 48 Iowa 424, 425 (1878); Gray v. Sawyer, 252 S.W.2d 10, 11 (Ky. 1952); Varner v. Eppley, 30 Ohio ......
  • Get Started for Free