Joerdens v. Schrimpf
Decision Date | 30 April 1883 |
Citation | 77 Mo. 383 |
Parties | JOERDENS, Appellant, v. SCHRIMPF. |
Court | Missouri Supreme Court |
Appeal from Franklin Circuit Court.--HON. A. J. SEAY, Judge.
REVERSED.
Crews & Booth for appellant.Beyersdorff & Kiskaddon and John R. Martin for respondent.
This is an action of ejectment, instituted in the Franklin circuit court April 27th, 1877, for a parcel of ground in the town of Washington in said county. The petition is in the ordinary form, and the answer a denial of its allegations. The case was tried before the court. On the trial, after an adverse ruling by the court on the evidence, plaintiff submitted to a non-suit, and, after an unsuccessful motion to set the same aside, duly perfected an appeal to this court.
Plaintiff derived his title from defendant, through a deed of trust executed to secure a negotiable promissory note to one Christian Ohlendorf, who indorsed the same to plaintiff, before maturity, and for value. The deed of trust was in the usual form, and contained a provision that the sheriff of the county might make the sale in the event of the refusal of the trustee to act. The trustee refusing to act, the plaintiff procured the sheriff to make the sale, at which he became purchaser and received a trustee's deed for the premises in dispute. The note, deed of trust, written refusal of the trustee to act, advertisement of the sheriff, and the deed to plaintiff, in connection with evidence of the ouster and value of the rents and profits, were all finally admitted in evidence; the court reserving its opinion on all objections to testimony until the end of the case, and then disposing of them all together. These various documents were all formal and regular, and sufficient in law to vest the apparent legal title in plaintiff, and no question arises as to their validity.
The note secured by the deed of trust bears date February 2nd, 1876, is negotiable in form, made payable to Christian Ohlendorf one year after date, signed by August Schrimpf, and has the name of Christian Ohlendorf indorsed upon the back. The deed of trust bears the same date, and was recorded in Franklin county. No date appears to the indorsement of Ohlendorf.
To defeat this apparent legal title in plaintiff, the defendant offered in evidence the following entry of satisfaction on the margin of the record of the deed of trust: Plaintiff objected to this testimony because the note was indorsed to him for value before maturity, and at the date of the entry of satisfaction Ohlendorf had no title to the note or deed of trust. The objections were finally overruled. Plaintiff, both in presenting his own case and in rebuttal of the entry of satisfaction, gave evidence tending to show that the name of Ohlendorf was written on the back of the note, and the note assigned to him November 16th, 1876, and that he paid value for the note. This evidence was objected to as inadmissible to contradict or impeach the record, and in the final disposition of the case it was excluded.
Defendant, also, offered oral evidence tending to show the circumstances under which the note and deed of trust were executed and indorsed and the satisfaction entered, but this evidence was excluded by the court.
The court evidently decided this case upon the theory that parol evidence was inadmissible to affect the record entry of satisfaction of the deed of trust, and the propriety of this ruling is the only question for determination.
The doctrine is now well established in this State, that the indorsee for value of a negotiable note secured by mortgage takes the security by the same title that he takes the note, and that he cannot be affected by any payments made to the indorser after the indorsement, and even before the indorsement, unless he had notice of them at the time of the purchase, but is entitled to enforce the security for the full amount due. Logan v. Smith, 62 Mo. 455; Goodfellow v. Stillwell, 73 Mo. 17. Hence, if the plaintiff purchased the note for value, before maturity, and before the entry of satisfaction, the payment to...
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... ... determination that parol evidence is admissible to avoid ... wrongful satisfaction of record. Joerdens v ... Schrimpf, 77 Mo. 383. (3) The court refused to allow any ... damages because, as he stated, they were speculative and ... indefinite. This ... ...
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