56 Minn. 14 | Minn. | 1893
The defendant, in December, 1891, entered into .an agreement with the firm of Little, Thompson & Le Page to cut
The plaintiff in this case furnished certain supplies to Little, Thompson & Le Page, to enable them to carry on their work, to the amount and value, in all, of $1,957.83.
As security for the plaintiff, for his advances, Little, Thompson & Le Page did on the 18th day of January, 1892, assign to him the contract above mentioned, and in and by the assignment authorized him to collect and receipt for all moneys due, or to grow due, on the contract, and retain from the proceeds all sums that might be due to him from time to time. It was stipulated that the effect of the contract was not to substitute plaintiff for them in the execution of the contract. Defendant had due notice of the assignment on the 22d day of the same month. Such a beneficial assignment is operative to effect the purpose manifestly intended, and the assignee is entitled to bring an action in his own name for any moneys which may be due on the contract. As he was obliged to account for the proceeds, he may be treated as a trustee of an express trust, and entitled to spe on it. It is admitted that prior to the assignment the defendant had paid upon the contract the sum of $1,142.69, which the court directed the jury to allow to defendant.
Certain facts drawn from the evidence by the court were assumed as conceded, and expressly so stated, in its charge to the jury. The court, among other things, stated to the jury that it was conceded that there was due from Little, Thompson & Le Page the sum above mentioned, and that no point was made in the case that they had not fulfilled all the terms of the contract, and that also, upon the theory upon which the case was finally submitted to the jury, and upon the facts admitted, there was but one question for them to determine, and that was whether certain time checks issued by Little, Thompson & Le Page to their employes were paid and taken up by defendant, with the consent and approval of the plaintiff, so as to entitle the defendant to a set-off to the amount thereof, and that this was the
All the other assignments relate to the reception of evidence over defendant’s objection on the trial, and, in so far as they have not been referred to, are necessarily eliminated from the case by the disposition made of the questions of fact in the charge of the court.
Order affirmed.
(Opinion published 57 N. W. Rep. 318.)