Court Opinion

ID: 9832941
Source: CourtListenerOpinion
Date Created: 2023-09-01 22:19:01.593485+00
Date Added: 2024-06-11T07:43:55.917378
License: Public Domain

On Motion for Kehearing.
On motion for rehearing appellants insist that the finding of this court that appellee Gaines testified “that he paid $500 to appellants through the Bay City Bank & Trust Company, that he executed his two promissory notes for $750, each, and said notes were made payable to and were in possession of the said Cunningham, Dunlap, and Greer, and that said $500 so paid by him was also in their possession,” was not supported by the facts. On a closer examination of the statement of facts we find that we were in error in stating that Gaines had testified that the $500 was paid through the Bay City Bank & Trust Company. We do find, however, that he testified that the $500 was paid, and that they sent him a receipt therefor. He must have meant by the word “they” the trustees, appellants, as they were the parties sued and about whom he was speaking at the time, for, following the above expression he says:
“But on August 21, 1911, the trustees notified me that the first one of the notes which I had given, which was not to be paid at all until after the organization of the company, with accrued interest, was with the Gulf State Bank for collection.”
And again he says:
“Notwithstanding the agreement on December 15, 1911, they again sent a note out for collection, and on the 16th I sent a copy of that letter to Mr. Hargrove, and asked him to please answer it himself, as I did not understand what it meant, in view of the correspondence and agreements we had just reached.”
We think that the testimony of Gaines could have no other meaning than that he paid the $500, and that the trustees, Cunningham, Dunlap, and Greer, sent him a receipt for this payment; that said trustees were, on two occasions, taking steps to collect the two notes executed by Gaines, and that therefore said money and notes were in the possession of said trustees.
With this correction and explanation the motion for rehearing is overruled.
Overruled.