11 N.J. Misc. 707 | N.J. | 1933
The essential facts in this case were stipulated and submitted in the Second District Court of the city of Paterson and the judge of that court rendered judgment in favor of the plaintiff for the sum of $70, and the defendant appeals. The situation was this:
On July 15th, 1932, the plaintiff below sold and delivered certain goods to Joseph Eosenteur at an agreed price of $67 and the purchaser signed a promissory note for the amount thereof in installments of $2 each on Saturday of each week, with a provision that upon default all payments become due. At the same time, and apparently on the foot of the note, the maker executed a so-called security agreement in which he appointed George Jacobson his “agent
The assignment, not being honored, the plaintiff on October 14th, 1932, began this suit thereon which, as we have said, resulted in a judgment for the plaintiff for $70 and costs.
The defendant-appellant contends that the assignment was a partial assignment and if enforceable at all was enforceable in a court of equity and not in a court of law. It cites, among other cases, Cogan v. Conover Manufacturing Co., 69 N. J. Eq. 809; 64 Atl. Rep. 973, and Sternberg & Co. v. Lehigh Valley Railroad Co., 78 N. J. L. 277; 73 Atl. Rep. 39; affirmed, 80 N. J. L. 468; 78 Atl. Rep. 1135. We think the position of the appellant is well taken.
It is admitted that the actual amount of the assignment is $67. It is admitted that the purchaser was employed by the defendant at a regular salary of $35 a week, payable each week. Therefore, at no regular pay day would there be an amount due from the defendant to the purchaser equal to the amount of the assignment. There is no certain and definite amount assigned, but simply weekly wages. We believe that such an assignment has been held to be in effect a partial assignment. In the case of Sternberg & Co. v. Lehigh Valley Railroad Co., 78 N. J. L. 277; 73 Atl. Rep. 39; affirmed, 80 N. J. L. 468; 78 Atl. Rep. 1135, there were three separate suits for assignment of wages considered. The
It seems clear that the judgment in the present case must be reversed and it is so ordered, and since the facts were stipulated the reversal will be with costs. No opinion is intended to be expressed as to whether or not plaintiff has a remedy in equity in this particular case.