2 Tex. 245 | Tex. | 1847
This action was brought in the district court for the county of Bed Biver, by the defendants in error, against the plaintiffs, on two notes in writing under seal, as follows, i. e.:
One day after date, we promise to pay Lattimer, Bagby & Co., or order, four hundred and sixty-four dollars and twenty-
¥i. Waed, [l. s.]
B. H. MaetiN. [l. s.]
Received on the within note, sixty-nine dollars and nine cents. April 12, 1845. (Signed)
Lattimee, Bagby & Co.
(2d Note.) On or before the twenty-fifth of December next, we promise to pay Lattimer, Bagby & Co., or order, five hundred and forty-two dollars and twenty-nine cents in cash notes then due, for value received, as witness our hands and seals, this 17th of February, 1845.
(Signed) ¥m. Waed, [l. s.]
B. H. MaetiN, [l. s.]
The summons issued jointly against the two defendants to the sheriff of Red River county, on which the sheriff made the following return: “ Came to hand and executed, 14th day of November, 1846, by delivering to William Ward a copy of the petition and summons.” There is nothing shown as to what was done by the sheriff in relation to the other defendant; as to him there is no return. On the 23d of November, 1846, a summons was issued for the other defendant, Martin, directed to the sheriff of Lamar county, which was returned by the sheriff, executed on Bennett H. Martin by delivering to him a certified copy of the petition and writ, November 30, 1846. The separate answer of Ward was filed by counsel; then follows a judgment nisi, which purports to be against the “ defendantsThen follows a judgment as follows, i. e.: “ This day came the plaintiff and the ‘ defendants ’ by their attorneys, and this case being submitted to the court without the intervention of a jury, after the inspection of the papers, the plaintiff having filed his cause of action, it is therefore considered by the court that the plaintiff have and recover of the defendants the amount set forth in their petition,” etc., etc.
There was no statement of facts nor bill of exceptions; the
There is another ground of error relied on by the plaintiffs in error, in this, that the notes sued on were treated as money ■contracts, and as sufficient evidence of the amount of indebtedness, without resort to proof of the value of the cash notes in which they were made payable. There has been, it is believed, some diversity of opinion as to the legal ■effect of the term “ cash notes,” as used in the two notes sued on; by some it has been contended that as notes are not property, that they are to be dropped as unmeaning and senseless; that therefore a promise to pay a given sum of money in cash notes is an absolute promise to pay so much money; this reasoning is far from satisfactory, for although a cash note would not be property in the technical sense of the term, it would not follow necessarily that the parties attached no meaning or importance to the word; in truth, it would seem much more reasonable to suppose they meant a chose in action ■calling for the stipulated amount, and further, that they did mean to mate a difference between money and such cash note. That such was the intention of the makers of the notes receives further confirmation by the peculiar manner in which the notes are framed; the first promises that the cash notes .shall be due some time before the date of the note, thereby .securing to the payees the interest on such notes as were to be given in payment before the date of the note sued on; the ■other provided that the notes to be received in payment should ■be due at the time they were to be offered.
"Were these notes, then, absolute promises to pay money, such as would leave nothing to be proven to establish the amount, and on which a judgment by default would have been final without the intervention of a jury? We think not, because .the use of the words cash notes creates the presumption that the parties intended to give some effect to them, and to designate a payment different from and more favorable to the party promising, than the payment of money. We believe, at all events, that it should have been left to the jury to decide
It is likely that a man would often be willing to give a much higher price for property, payable in notes due to him, than he would be willing to pay in money. And if he so contracted, neither the law nor reason would hold him liable to pay the-amount in cash. The difference between payment in cash notes and cash can only be ascertained by a jury. The judge,, in the case at bar, seems to have treated them as absolute and unqualified promises to pay money, and gave judgment for the money without any other proof. The j ury having been wai ved, the inference would have been that the judge had heard the evidence of the value, if this presumption was not repelled by the record, which shows that he did not hear any other testimony, and that his judgment was founded on the notes alone. We therefore believe that on both the grounds we have noticed, the judgment ought to be reversed and the cause, remanded.