delivered the opinion of the Court:
This is an action of assumpsit, begun in the circuit court-of Cook county, by appellants, against appellees. The declaration contained the common counts for goods sold and delivered, money lent, paid out and expended, had аnd received, interest due, work and materials furnished, and money found due on settlement. There was filed with the declaration a statement of account between the parties, called by counsel a bill of particulars, in which the defendants werе charged with items amounting to $257,461.85, and credited with $176,-307.26, leaving a balance due the plaintiffs of $81,154.59. The action was, in fact, for money claimed by plaintiffs to have been paid out, and for commissions, storage, insurance, interest and losses upon certain corn transactions, in which they acted as the agents of the defendants. Pleas of the general issue, non-joinder of defendants and set-off were filed, and issues joined tliereon. Upon a trial by the court, a jury-being waived, plaintiffs recovered, but оn appeal to the Appellate Court for that district the judgment was reversed and the case remanded. Upon its re-instatement in the circuit court, plaintiffs obtained leave to amend their declaration, and filed another declaration precisely like the first, except that the ad damnum was increased. They also filed with this last declaration another account, in which the charges against, plaintiffs were increased to $944,137.70, the credits remaining-as in the former account, lеaving a balance due plaintiffs of $767,830.44. The same pleas and replications stood to this declaration previously filed, and the case was again tried by the court without a jury. The judgment being for the defendants, plaintiffs appealed to the Appellate Court, where the judgment of the'circuit court-was affirmed, the former opinion being adopted by reference thereto. From that judgment of affirmance this appeal is prosecuted.
By reference to
Moreover, we are unable to find, either in thе opinion of the Appellate Court or the evidence in this record, any warrant whatever for the assumption that the transactions between these parties were lawful so far as they related to purchases, but unlawful as to sales. In the opinion of the court by Waterman, J„, after referring to the evidence both as to what was to be done in the way of purchases and sales, citing, with other testimony, that of Mr. Foss, one of the plaintiffs, he says; "Wliat, then, was this transaction, and if not an attemрt to corner the market, was it in any way an unlawful undertaking? It was clearly a combination to enhance the price of corn. The parties who entered into it had on hand, or had purchased, large quantities of corn. It is not pretended that they had any use or need for more. Nevertheless, they entered into an agreement to purchase cash com and May options, as the plaintiff Foss testifies, because by buying up the cash corn the market would advance. Other parties wеre also large holders of corn, and they were brought into the arrangement. A combination was made not° only to purchase corn, but to prevent the free selling thereof. All the immense amount of corn owned by these parties was put into thе hands of the plaintiffs. They were to control all, and thus, by united holding, united purchases and no sales, save such as should be for the benefit and the interest of all, the market was to be controlled, the'price of a staple commodity, —one of the prime necessities of life,—enhanced, and it was expected great gains would be made by the parties to the combination, while he who had corn to buy for food would be compelled to pay, not the price of a free market, but the sum to which, by such combination, such united holding and withholding, the market might be forced.” We are therefore not left merely to the presumption arising from the judgment of affirmance by the Appellate Court that it found the whole scheme to be unlawful, and that рlaintiffs were parties to it, but it expressly so stated in its opinion. An attempt is made to maintain the position that there is no evidence whatever in the record to support this finding, but it has wholly failed. JSTot only does the testimony tend to do so, but, in our opinion, сlearly sustains the conclusion reached as announced in the foregoing quotation.
The only question then remaining for us to pass upon is, did the trial court err in its rulings upon propositions of law. Plaintiffs’ attorneys submitted twenty-three lengthy statements in writing, and asked the court to hold them propositions of law applicable to the case, all of which were refused. Many of them contained no distinct legal propositions whatever, but it is only necessary for us to say, that if the proposition held at thе request of the defendants correctly stated the law of the case, each of those asked by the plaintiffs was necessarily erroneous, and properly denied. The one held is in the following language:
“The court holds, as a proposition of law applicable to this case, that if the corn known as XX corn was purchased and sold by Foss, Strong & Co., and advances were made thereon, and storage and insurance were also paid and advanced by them thereon, in pursuance of and in the execution of an agreement, understanding or combining by the defendants to advance and enhance the price of corn above what the market price thereof would have been if left free from manipulаtion, by buying up the cash corn coming into the Chicago market and by keeping back from said Chicago market corn which would otherwise have been brought to said market for sale, and Foss, Strong & Co, were parties to or assented to and aided in such agreement, and acted in the premises as the brokers or commission men for said defendants, in pursuance of and in execution of such scheme to thus enhance the price of corn, then there can be no recovery by the plаintiffs for losses they may have sustained in the purchase and sale of said corn, or for advances made or expenses incurred, or for commission for purchase and sale thereof.”
This court is fully committed to the rule of law here announсed. (Craft v. McConoughy,
On the facts of this case as they must be accepted by us, the judgment of the circuit court, and its affirmance by the Appellate Court, are clearly right. The judgment of the latter court is affirmed.
Judgment affirmed.
