77 P. 229 | Utah | 1904
In this action the appellant sought to foreclose a mortgage on certain real estate. The complaint was dismissed in the lower court. It appears,
“Salt Lake City, Utah, Nov. 24,1902.
“Patrick J. Ward and Nora Ward, City—
“Dear Sir and Madam: Tour note of Aug. 12, ’02, has been declared due and payable by the holder thereof by reason of the non-payment of the interest*131 thereon. Kindly call and see me at once in regard to the same as I am unable to get out your way.
“ Truly yours,
“ADDISON CAIN.”
To this the respondent P. J. Ward immediately replied by letter, as follows: “If you wish to see me please call at my place of business, as I cannot leave my business to go so far away, and oblige.” On the twenty-eighth of November Cain answered: “Would like to accommodate you, but am very busy. Your loan was sent by Mrs. Lawranee to Patterson & Moyer for interest collection. You better see them as it might put you to expense otherwise.” On the twenty-ninth of November Ward sent the following letter to Cain: “Find enclosed check for $24.50 for interest on mortgage. You said when you were here you would call, for the money, and we have had the same since the twelfth awaiting your call. Who is this Mrs. Lawranee of whom you speak?” Cain, at the time he called upon the respondents and told them that he had purchased the note, did not disclose his agency, and they were not informed of the appellant’s connection with the transaction until the institution of this suit. The respondent P. J. Ward had money in the bank upon which the check sent to Cain was drawn, and it would have been paid upon its presentation. Cain failed to present the cheek for payment, and it was retured to Ward, and on the same day that it was sent to Cain this suit was commenced. Upon the return of the check the interest due was tendered by the respondents to the Zion’s Savings Bank, but, as the note had not been left with the bank, and it knew nothing of the transaction, and had not been requested or authorized to receive any such payment, it refused to receive the interest so tendered. Afterwards, on two occasions, respondents tendered to Cain the interest due.
As no arrangement with the Zion’s Savings Bank for the payment of the interest then due was made, and
The judgment is affirmed, with costs.