Osage City Bank v. Bros.
Decision Date | 06 May 1893 |
Citation | 32 P. 1096,51 Kan. 379 |
Court | Kansas Supreme Court |
Parties | THE OSAGE CITY BANK v. C. S. JONES & BRO |
Error from Osage District Court.
ACTION on a judgment by C. S. Jones & Bro. against the Osage City Bank. Plaintiffs had judgment, and defendant brings the case here. The opinion states the facts.
Judgment affirmed.
H. B Hughbanks, for plaintiff in error.
C. S Martin, for defendants in error.
OPINION
C. S. Jones & Bro. recovered a judgment for $ 792.93 against the Osage City Bank, at the April, 1889, term of the district court of Osage county. The action for recovery was based on a judgment obtained in 1883 by Julius Kuhn against the Osage City Bank as principal, and against C. S. Jones & Bro. and another as guarantors and sureties. In their petition they alleged that the Osage City Bank issued a certificate of deposit in favor of Julius Kuhn, and payable to his order one year after date, with interest at 7 per cent. per annum, and that, in order to give the bank credit, C. S. Jones & Bro. indorsed their names on the back of the certificate, by which they guaranteed its payment; that afterward the Osage City Bank failed to pay the certificate, and that Julius Kuhn brought an action against the principal and also the guarantors and sureties, in which he recovered judgment against each and all of them for the sum of $ 536.11, and that C. S. Jones & Bro. were compelled to and did pay this judgment. The petition contained another count, setting up a certificate of deposit issued by the bank, and which had been assigned to C. S. Jones & Bro.; but as the court found that the bank was not liable, and denied any judgment thereon, the rulings made respecting the same have become immaterial.
The plaintiff in error claims that this action should be treated as having been brought upon the certificate of deposit, and seeks to raise questions as to the power of the officers of the bank to issue the certificate of deposit, and as to its liability as principal. These questions are not now open for investigation. Although the certificate of deposit is mentioned in the petition, it is manifestly set up as the basis of the judgment, which was specifically pleaded, and it appears that this action was brought upon the judgment rather than the certificate. That judgment, which was obtained in an action where all the present parties were before the...
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