177 A.D. 650 | N.Y. App. Div. | 1917
The notes in suit were executed and indorsed by the defendant at Louisville, Ky., in 1892 and 1893 and all matured prior to January 1, 1894. The defendant, as the plaintiff’s reply alleged, and as the defendant testified, removed from the State of Kentucky early in 1894 and has not since resided in that State. The testimony of the defendant was that he had during said period resided continuously in the State of New York, in which State he voted. The answer sets up the Statute of
It was, therefore, error for the learned trial justice to direct a verdict for the plaintiff when the uncontradicted testimony of the defendant, if believed, established that the action was barred by the statute. Considering the manner in which the defendant gave his testimony and the fact of his interest, although his testimony was uncontradicted, plaintiff was doubtless entitled to have the case submitted to the jury, but it should
Defendant contends that the complaint should have been dismissed at the conclusion of plaintiff’s case because of failure to prove one of the series of assignments through which plaintiff’s title to the notes is derived. The notes were all originally discounted in and became the property of the Louisville Deposit Bank. The complaint alleges that the Louisville Deposit Bank duly assigned, transferred and delivered the notes to the German National Bank of Louisville, Ky., as collateral security for a loan of $200,000, and thereafter, in 1893, the Louisville Deposit Bank made an assignment for the benefit of its creditors and was thereafter liquidated; further, that in 1897 the German National Bank was by the Comptroller of the Currency of the United States placed in the hands of Joseph W. Norvell as receiver, and among the assets transferred to the receiver were said notes; that Norvell duly assigned, transferred and delivered the notes to George M. Fletcher in 1902, and that Fletcher duly assigned, transferred and delivered them to the plaintiff in June, 1911. The answer attempts to deny the assignments on information and belief. The form of the denial is defective, but advantage should have been taken of this by motion before trial. The plaintiff proved the assignments from Norvell to Fletcher and from Fletcher to the plaintiff, but no proof was offered of the assignment, transfer or delivery by the Louisville Deposit Bank to the German National Bank. Treating the denial as sufficient for the purposes of the trial, it appears that the defendant merely attempted to deny that the “ assignments ” of the several promissory notes were made. There is no denial that the notes were “ duly transferred and delivered” by the Louisville Deposit Bank to the German National'Bank, and if they were duly transferred and delivered the denial of the assignment is of no consequence. Accordingly, as the answer admitted, by not denying, that the notes were duly transferred and delivered, there was no failure of proof because the plaintiff failed to prove that they were “ assigned.” Furthermore, defendant, who was the president
The judgment should he reversed and a new trial ordered, with costs to appellant to abide the event.
Clarke, P. J., Laughlin, Dowling and Davis, JJ., concurred.
Judgment reversed, new trial ordered, costs to appellant to abide event.