Saunders v. Bates

Decision Date17 March 1898
Docket Number7828
Citation74 N.W. 578,54 Neb. 209
PartiesWILLIAM A. SAUNDERS v. EUGENE C. BATES
CourtNebraska Supreme Court

ERROR from the district court of Douglas county. Tried below before HOPEWELL, J. Affirmed.

AFFIRMED.

Saunders & Macfarland, for plaintiff in error.

Wright & Thomas, contra.

OPINION

NORVAL, J.

This was an action upon a promissory note, in which plaintiff below had judgment, and defendant has brought the record here for review.

We are asked to ignore the bill of exceptions on the ground that it was not prepared and served within fifteen days from the final adjournment of the term at which the judgment was obtained, no time, in addition to the statutory period having been given by the trial court or the judge thereof for the preparation and settlement of the bill. It is true that the draft of the proposed bill was not submitted to plaintiff's counsel for examination and amendment within the time allowed by law, but when served upon such counsel it was received by them without objection, and they held the same for more than ten days, returning the proposed bill to defendant without the suggestion of objections or amendments. The objection to the bill will not be considered, since it was raised for the first time in this court after the cause had been pending herein nearly two years and subsequent to the preparation, service, and filing of briefs by the defendant below. (Nash v. Costello 50 Neb. 325, 69 N.W. 969; Thompson v. Missouri P. R. Co., 50 Neb. 329, 69 N.W. 1119.)

It is argued that the evidence is insufficient to sustain the finding and judgment, for two reasons: First--The plaintiff is not the owner of the note in suit. Second--There was no consideration for the giving of the instrument. The note in dispute was payable to the order of Charles E. Bates, and contains the following indorsements on the back thereof:

"Payable to the order of The Bates-Smith Investment Company. CHAS. E. BATES.

"THE BATES-SMITH INVESTMENT COMPANY,

"By E. C. BATES, Sec. and Treas."

The proofs show that said indorsements were genuine, and that the note containing them was produced by plaintiff on the trial and by him introduced in evidence. The production of the instrument bearing the indorsements of the payee and indorsee is sufficient to raise the presumption that the holder is the owner of the note. (McDonald v. Aufdengarten, 41 Neb. 40, 59 N.W. 762; City Nat. Bank of Hastings v. Thomas, 46 Neb. 861, 65 N.W. 895; See Lawson, Presumptive Evidence 77; 1 Daniel, Negotiable Instruments sec. 558; Champion Empire Mining Co. v. Bird, 7 Colo.App. 523, 44 P. 764; ...

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