22 Ind. 337 | Ind. | 1864
This was an action by the indorsee of a promissory note, not payable in bank, against the indorser. The appellant was the plaintiff', and the appellee the defendant. The note is for the payment of 300 dollars; bears date September 6th, 1856; was executed by one Coffin 0. Page, and is payable at twelve months to the defendant, who, by indorsement, assigned it to the plaintiff:'.
The complaint alleges these facts: Coffin 0. Page, the maker of the -note,-died before its maturity, viz : on the 14th of July, 1857, in Jefferson county; the widow and heirs of ■the deceased were, at his death, and at all times since have been, residents of said county; on November 24th, 1857, one James IT. Cunningham was, by the Common Pleas Court’ of the County aforesaid, duly appointed administrator of the decedent’s estate, and as such was duly qualified; on the 18th of September, 1858, the plaintiff’, with the proper affidavit thereto attached, filed the note against the estate, which was duly allowed by the administrator; after this, on the 11th of November, then next- following, Cunningham was, on his own petition, discharged by the Court from the further administration of the estate, and, on the 10th of February, 1859, one William G. Wharton was appointed administrator, who, on the 15th of August then next ensuing, procured an order for the sale of the real property belonging to said estate, and afterwards sold the same to one Michael G. Garber; that sale was, by the administrator, reported to the Court, was approved, and a deed was ordered to be made to the purchaser; but Garber having failed and being unable'to pay the purchase money, the sale was, upon the application of the administrator, set aside. It is averred -that the order of sale is still in force, but .the administrator was unable to sell; that on December -31st, 1861, he was, on his own petition, discharged from the further administration of the estate, and that since
Are the facts alleged in the complaint sufficient to authorize a suit against the assignor-of the note? This is the only question to settle.
In eases of this sort the assignee, in order to recover, is required to use due diligence against the maker, if in life when the note matures, if he is not, then againstjiis estate, unless a legal excuse for not using it can be shown. The doctrine is that the property, subject to the payment of the debts of the maker, must be exhausted before recourse can be had to the assignor. Hardesty v. Kenworthy, 8 Blackf. 304. Here, the maker died before the note became due, and we are at once led to inquire whether the assignee has used due diligence to collect the note from the estate of the decedent. With the proper affidavit thereto attached, she filed the note against the estate, which was allowed by Cunningham, the then administrator, who, having resigned the trust, Wharton was appointed in his stead. The former was administrator about one year, and the latter, having procured an order and made a sufficient effort to sell the real estate, was, upon his own petition, discharged from the further administration of the estate. Until the resignation of Wharton the plaintiff, it may be conceded, was not chargeable with any want of diligence. But, upon his resignation, she made- no effort for the appointment of a successor, and we must pre
The judgment is affirmed, with costs.