Stacy
Decision Date | 09 June 1900 |
Docket Number | 11,623 |
Citation | 61 P. 399,62 Kan. 50 |
Court | Kansas Supreme Court |
Parties | STACY, ADAMS & CO. v. GEORGE W. COOK |
Decided July, 1900.
Error from Reno district court; MATTHEW P. SIMPSON, judge.
STATEMENT.
IN August, 1894, George W. Cook and his son Herbert Y. Cook doing business under the name of Cook & Son, were indebted to Stacy, Adams & Co. in a sum exceeding $ 12,000, and to W. H. Stacy for the sum of $ 1000 for money borrowed, evidenced by a note for that amount. Cook & Son were engaged in the retail boot and shoe business at Omaha Neb., at that. time, and their indebtedness to various creditors exceeded $ 30,000. On the above date they executed a first mortgage to Stacy, Adams & Co. on their stock of goods for $ 12,480.18, and to W. H. Stacy for $ 1000. They also gave chattel mortgages to other creditors. Stacy, Adams & Co., with the consent of Cook & Son, immediately took possession under their mortgages. Before this George W Cook had been in the employ of the plaintiffs in error for many years as a traveling salesman, and at the time the chattel mortgages were given they owed him a balance for salary up to that time of $ 1770, over which this controversy arose. It is claimed by Cook that, in consideration of the execution by Cook & Son of the chattel mortgages to Stacy, Adams & Co., the latter agreed to pay him said salary and to waive their right to offset the amount due him from the amount Cook & Son owed the plaintiffs in error.
The following proceedings appear from the record:
Verdict and judgment were rendered against plaintiffs in error for the amount claimed and interest, from which judgment they prosecute proceedings in error to this court.
Judgment reversed.
Martin & Roberts, for plaintiffs in error.
O'Neill & Gilbert, and H. Whiteside, for defendant in error.
In answer to the petition, which stated a cause of action upon an account for services, the defendants below alleged, among other things, that George W. Cook was indebted to them in the sum of $ 5860.40 upon an account, a copy of which was attached to the answer, and was further indebted to them in the sum of $ 1000, evidenced by a note executed to William H. Stacy, which was indorsed by the latter to the firm of Stacy, Adams & Co., and prayed judgment against him for said amounts. In said account Cook is credited with "salary account for 1894 up to taking stock in August, 1894, $ 1770."
In his reply, the plaintiff below denied generally the allegations of the cross-petition and answer, except the admission that on August 31, 1894, defendants owed the plaintiff $ 1770 for salary. He further averred that Stacy, Adams & Co. agreed and promised that if he and his partner, constituting the firm of Cook & Son, would give defendants below a mortgage on their stock of goods and fixtures, Stacy, Adams & Co. would pay in cash to said Cook all of the salary then due him, and would under no circumstances claim the right to apply said sum due for salary upon the amount owing by Cook & Son to the defendants...
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