Court Opinion

ID: 7187700
Source: CourtListenerOpinion
Date Created: 2022-07-24 16:53:59.11646+00
Date Added: 2024-06-11T16:16:06.976499
License: Public Domain

Wyly, J.
Plaintiff sued the drawer of a draft, Joseph J. Wade, and the endorser thereof, Charles E. Percy, after the same had been dishonored by the drawees and duly protested.
The defendant, Percy, pleaded the general issue.
The defendant, Wade, after making a general denial, averred “that the draft sued on was given the payee thereof, Charles E. Percy, on account of certain notes of this respondent in the purchase from him of a certain tract of laud in the parish of West Feliciana. * * That at the time of said sale said Percy was and still is without title to the whole or a portion of said land, and that in said act of sale it was expressly stipulated that this respondent should have the right to withhold payment of said notes until his titles to said land should he made perfect and complete; that said draft was given with the express understanding that said titles were to he completed and perfected, which have never been done by said Percy, nor is it now within his power to do so ; that by reason of the premises the consideration of said draft, if it ever had any, has utterly and entirely failed. That plaintiff, W. K. Wimbish, was well aware at the time he received said draft from said Percy, of the consideraüon thereof, as above set forth; of the stipulations contained in said act of sale, and that said Percy had never completed the titles of respondent, as he was hound to do, and took the same subject to all the equitable and legal defenses respondent might urge against it. That if he was ever* liable on said draft, which is still denied, he has been discharged from all such liability by the laches of the holder.”
On the trial there was judgment for plaintiff against the defendant, Percy, the endorser of the draft, and plaintiff’s action was dismissed as to the defendant, Wade, the drawer of the draft. Plaintiff has appealed.
It appears that James It. Wimbish sold a tract of land to Charles E. Percy, the titles to which were not complete, and that Percy retained part of the price till the titles might bo perfected ; it also appears that *181tile said Percy afterwards sold this land to the defendant, Wade, with the stipulation that Wade was.to have the privilege of retaining the price till the titles to him were perfected; it also appears that Percy instituted suit against the plaintiff as administrator of the succession of James R. Wimbisli, who had died iq the mean time, to compel the said administrator to complete the title, and the Court ordered the transfer of the title to bo made upon Percy paying him a certain sum, being the balance due by.said Percy to said vendor. Wade then came forward and offered to pay this sum to aid in perfecting the titles. He gave his note to Percy for the required amount, and Percy endorsed it and transferred it to plaintiff, and thereupon received the deed perfecting the title from the estate of James R. Wimbisli. The defendant Wade subsequently gave the draft sued on in lieu of the note making it payable to Percy, and Percy immediately endorsing it over to plaintiff.
The draft was protested for non-payment, and proper notice given to both Percy and Wade. Wo have carefully considered the evidence, and are of opinion that the district judge erred in dismissing plaintiff’s action as to Wade. We think he should be held liable as drawer of the draft. It is true in purchasing the land from Percy he reserved the privilege of retaining the price till his titles might be perfected ; and it is true that the plaintiff was aware of the defects in the title. But still it appears that in pursuance of an order of court, the plaintiff, as administrator of the succession of James R. Wimbisli, perfected the titles by a deed to Percy, the vendor of Wade, and accepted from Percy the note of Wade for the balance due said estate.
Wade subsequently topk up this note and gave his draft in lieu thereof, with a full knowledge of the titles and of the defects therein, if such existed. If he had the privilege of retaining the price till the titles were completed, we presume when he gave the draft sued on he considered his titles satisfactory. It matters not what defects thero may be in the titles, or what reservations he may have made in the deed from Percy, the defendant Wade voluntarily came forward and assumed the indebtedness of his vendor on the land by giving his note; he afterwards, with full knowledge of the condition of his titles, took up this note and drew the draft sued upon. That conditional obligation has been regularly converted into an unconditional one by proper service of the notice of dishonor upon the drawer, Wade, and we think he should be held liable.
The objection that the district judge erred in rejecting the application for trial by jury because the affidavit was made by Wade’s attorney instead of Wade, who was in the parish at the time, but absent from the Court House, is not well founded; the defendant Wade should have been at the Court House on the day fixed for the trial; he absented himself at his peril. The affidavit made by his counsel is not p compliance with the law. 9 An. 129 ; 16 La. 577.
*182It is therefore ordered that the judgment appealed from he affirmed as to the defendant Charles E. Percy and that it he avoided and annulled as to the defendant Joseph J. Wade; and it is now ordered that plaintiff recover judgment against him in solido with the defendant Percy; that the costs of this appeal he paid hy the defendant Wade and the costs of the lower court he paid hy the defendants in solido.