Knowles v. Williams
Decision Date | 09 May 1897 |
Docket Number | 9835 |
Citation | 48 P. 856,58 Kan. 221 |
Parties | HENRY KNOWLES v. HENRY B. WILLIAMS et al |
Court | Kansas Supreme Court |
Decided January, 1897.
Error from Sumner District Court. Hon. James A. Ray, Judge.
This was an action brought by Henry Knowles against Cassander Williams, Henry B. Williams, her husband, and Francis M Williams, her son, to recover a tract of land in Sumner County, consisting of about four hundred acres. Prior to December, 1886, the land was owned by the Williamses, but was heavily incumbered. Foreclosure proceedings had been begun and a judgment of foreclosure had been obtained in one case amounting to over eight thousand dollars. About that time the Williamses concluded that there were valuable deposits of silver and gold in their land, and desired to obtain money for the purpose of mining in the land and to pay off judgments and perfect the title thereto. They entered into an agreement with E. T. Peck and A. C. Emmons for the organization of a mining company. The land was to be conveyed to the mining company, which was stocked in the sum of twenty thousand dollars. One-half the stock was to go to the Williamses and the balance to be distributed among the other members of the corporation. Peck and Emmons were to procure eleven thousand dollars upon two promissory notes executed by the Williamses and secured upon their personal property, consisting of horses, cattle and hogs. Provision was made in the agreement for the sinking of shafts and the testing of the mineral ore. Notes were executed, one for nine thousand dollars and another for three thousand dollars, and James S. Warden undertook to negotiate the same. The mining company was organized and the land in controversy conveyed to the company. Afterward, in January, 1887, the land was sold, in pursuance of an order of sale, to James S. Warden for the sum of eight thousand dollars, and, the sale having been confirmed, on February 4, 1887, the sheriff executed a deed of the land to Warden. Warden was an officer of the First National Bank of Frankfort, Kansas, through which he obtained the money required in this transaction. Money was raised for the purpose of developing the mines and testing the mineral, and some of it used to pay off liens and claims against the Williamses. It was soon discovered that no valuable mineral was in the land, and the mining project was abandoned. Warden took possession of the land and leased it to tenants. On February 24, 1890, Warden and wife executed an instrument of conveyance, transferring the land to the First National Bank of Frankfort, of which the following is a copy:
One of the several mortgages upon the land was foreclosed in 1888 and upon an order of sale the land was sold to R. B. Upham for the sum of $...
To continue reading
Request your trial-
Carson v. Lee
...Brant v. Robertson, 16 Mo. 129; Powell v. Crow, 204 Mo. 481, 487, 102 S.W. 1024; 1 Jones, Mortgages, (7 Ed.), sec. 263; Knowles v. Williams, 58 Kan. 221, 48 P. 856; Elliott v. Conner, 63 Fla. 408, 58 So. Conway's Exrs. v. Alexander, 7 Cranch (U.S.) 218, 3 L.Ed. 321; Tucker v. Witherbee, 130......
-
Carson v. Lee
...v. Robertson, 16 Mo. loc. cit. 145; Powell v. Crow, 204 Mo. 481, 487, 102 S. W. 1024; 1 Jones, Mortgages [7th Ed.] § 263; Knowles v. Williams, 58 Kan. 221, 48 Pac. 856; Elliott v. Connor, 63 Fla. 408, 58 South. 241; Conway v. Alexander, 7 Cranch, 218, 3 L. Ed. 321; Tucker v. Witherbee, 130 ......
-
Weigel v. Green
...would pur a reasonably prudent man upon inquiry that would lead to such knowledge, the purchaser is chargeable therewith. Knowles v. Williams, 58 Kan. 221, 48 Pac. 856. In the case at bar the recitals in the deed to Daniel Weigel suggested the existence of Katherine Ann Stipp's will in Lawr......
-
Cumberland Bldg. & Loan Ass'n v. Sparks
... ... be examined as to any facts they may contain, at the ... purchaser's peril. ' See, also, Knowles v ... Williams, 58 Kan. 221, 48 P. 856; Martind. Conv. (2d ... Ed.) Secs. 74, 277 ... There ... are other persuasive facts which ... ...