249 Pa. 122 | Pa. | 1915
Opinion by
The defendants gave two mortgages, accompanied by bonds in the usual form, to the plaintiff trust company; subsequently that corporation, owing to insolvency, went into the hands of a receiver; the receiver sued on these mortgages and recovered verdicts upon which judgments were entered; the defendants have appealed in each instance; both appeals were argued as one, and by agreement of counsel they will be disposed of together.
The plaintiff proved its case by producing the instruments sued on and showing the defendants’ default. When all the offers of testimony, both those accepted and rejected, are considered, the defense amounts to this: that S. H. Ridall was the treasurer of the plaintiff trust company at the time the instruments in question were executed; that the mortgaged property belonged to his wife, Iva G. Ridall; that a shortage existed in the funds of the trust company, due to misconduct of its president; that the board of directors, desiring to “repair the assets of the trust company,” had its representative see the defendants and request them to execute the mortgages in suit, “to cover the shortage of the ......president of the......company”; that, thereupon, the bonds and mortgages were signed, sealed and delivered by the defendants; that they asked for the as
While, as shown by the affidavit and supplemental affidavit of defense, as well as the offers of proof, from one of the standpoints of the defendants, this whole transaction was merely to make an appearance of assets, because “it was the expectation of the board of directors of the trust company that the state bank examiner would shortly call......for an examination,” the purpose of the alleged secret parol agreement being to assist in carrying out this illegal intent, and the defendants frankly admitting that it was not omitted from the writings sued on through fraud, accident or mistake, yet, it is to be noted the affidavits of defense and offers of proof also state that the bonds and mortgages were given to pay the defalcation of the president of the trust company and the proceeds thereof were “taken and delivered, used and paid, for that purpose.” Whatever the intention of the defendants when they executed these evidences of debt—whether to assist in making good the shortage mentioned or simply to help create a blind against the state bank examiner, we are convinced that their defense was properly held to be inadequate in law; for, if the instruments sued on were executed and delivered, under seal, for a lawful purpose—no fraud, accident or mistake being claimed—a parol agreement
In writing their paper book, the appellants entirely ignored Buies 26, 27, 28 and 39 of this court, governing specifications of error, and all twenty-six assignments are defective, for these reasons: some of them embrace more than one distinct point; others refer to parts of the charge without quoting, ipsissimis verbis, the subject matter objected to, or stating where it is to be found; where error is assigned to the admission or rejection of evidence, the specifications fail to quote the questions, offers or rulings thereon, or to give a reference to the pages of the paper book or appendix where they may be found. These faulty assignments must be dismissed; but we have examined the entire record and discovered no reversible error therein.
The judgments are affirmed.