30 Minn. 436 | Minn. | 1883
The important question in this calse for the determination of the court below was whether the plaintiff derived title to the note in suit immediately from the payees, Laraway, King & Per-rine, or intermediately through her husband, A. J. Conger. If immediately from the former, then no equities existing between the defendant and A. J. Conger ever attached to it. The court below found this to be the fact, and we are of opinion that there is sufficient evidence to sustain the finding.
The evidence tends to show that, in the purchase of the note, A. J. Conger was acting merely as agent for the plaintiff. The fact that, through mistake or inadvertence, the payees indorsed it payable to the order of the agent, instead of the principal to whom it in fact belonged, would not prevent her from maintaining an action upon it in her own name, and showing by parol her relation to and right of property in the note. Cassidy v. First Nat. Bank, ante, p. 86.
The case of Third Nat. Bank v. Clark, 23 Minn. 263, cited by appellant, is not in point. That was a case where ah indorsee, claiming by virtue of an indorsement, sought to change or vary the indorsement by parol, so as to deprive the maker of his defence. In such a case, under the law-merchant, the indorsee’s rights in that regard depend entirely upon the indorsement, and he must stand or fall upon it as written.
The defendant, however,, contends that the evidence shows that, even if plaintiff acquired the note immediately from the payees, yet she subsequently made a gift of it to her husband. For this he relies mainly upon a statement of Conger that “his wife gave the note to him to use just as any other property.” Considered in connection with the other evidence, we do not think that this language necessarily means that she made him a gift of it so as to constitute him owner.
. Neither does the fact that plaintiff allowed her. husband to present the note in his own name, as a claim belonging to him, in the arbitration between, himself,--on the one- part, and the defendant and one J. A. Conger, on the. other part, estop her from now asserting
Judgment affirmed.