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International Harvester Co. v. Schultz

International Harvester Company v. Stephen Schultz

Int'l Harvester Co. v. Schultz, 169 N.W. 428 (Neb. 1918)
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Court
Nebraska Supreme Court · State Highest Courts
Decided
November 16, 1918
Docket
No. 20142
Judges
Conclusion, Dean, Sedwick
Citations
169 N.W. 428102 Neb. 7531918 Neb. LEXIS 148
Disposition
Affirmed.
Headnotes
Guaranty: Payment of Note. A guaranty written on certain negotiable promissory notes was in the following form: “Por value received, I hereby guarantee the payment of the within note, and all renewals, and extensions thereof, to the payee therein named, or any owner and holder thereof; and I .hereby waive protest, due presentment, demand and notice of nonpayment thereof, and I hereby waive diligence on the part of any holder thereof in collecting said note and all defenses arising,out of lack of diligence in enforcing payment thereof.” Held, to be a contract to pay the notes in suit by the guarantor upon default by the respective makers at maturity.
Summary
Appeal from the district court for Adams county: Harry S. Dungan, Judge.

Syllabus and headnotes are prepared by the reporter or publisher, not the court, and are not part of the opinion.

Opinion of the Court — Dean

Text extracted by OCR from a scanned original; check the original for exact wording.

Dean, J.

This is a suit to recover on a guaranty of payment of 44 negotiable promissory notes. The makers were not made parties defendant. A jury was waived. Plaintiff recovered judgment for $1,927.39 and costs. Defendant appealed.

Defendant purchased farm machinery from plaintiff and sold it to his customers, taking the notes sued on in payment. Some were payable to defendant’s order and some to plaintiff’s order. All of the notes were delivered to plaintiff before maturity. The makers defaulted at maturity and defendant refused payment. The guaranty that was written on the notes appears in the syllabus.

Two questions are presented: First, is the guaranty an independent contract by defendant to pay to plain *754 tiff the amount due on the respective notes on failure of makers'to pay at maturity? second, are any of the costs taxable to plaintiff?

The law seems to be settled that the guaranty sued on is a contract to pay the notes on failure of the makers to pay at maturity. Bloom & Co. v. Warder, Mitchell & Co., 13 Neb. 476 ; Bickford v. Gibbs, 8 Cush. (Mass.) 154. In view of the comprehensive terms of the guaranty, plaintiff was under no obligation to undertake the collection of the notes' from the makers, nor to make them ■ parties defendant.

Each of the 44 notes was separately stated as a cause of action. While the suit was pending 28 of the notes were paid to plaintiff by the respective makers, and as to such notes the causes of action were dismissed and judgment was rendered for plaintiff on the remaining notes. Defendant argues that, because the suit was dismissed as to the notes paid, a part of the costs should therefore be taxed to plaintiff. His contention cannot prevail. • The power of courts to award and tax costs in legal proceedings was unknown at the common law. Branson v. Branson, 84 Neb. 288 . We have no statute in this state authorizing the court to apportion any part of the costs against plaintiff in an action involving such facts as are presented by the record before us. It follows that, in the absence of such statute the prevailing party is entitled to recover costs. 15 C. J. p. 28, sec. 14.

Finding no reversible error, the judgment is

Affirmed.

Sedwick, J., concurs in the conclusion.

How later courts describe this case

Explanatory parentheticals written by citing courts — 1 in all; the most informative distinct ones are shown.

  • (holding the language “ ‘For value received, I hereby guarantee the payment of the within note . . .’ ” (syllabus of the court) did not require the guaranteed person to undertake the collection of the notes from the makers thereof)
1923: 11927: 11935: 11951: 11987: 11989: 119232026peak 1923 · 1

Relies on it most ⓘ

  1. Jones v. Great Northern Railway Co.217 P. 673 (Mont. 1923)
  2. Nogg Bros. Paper Co. v. Bickels446 N.W.2d 729 (Neb. 1989)
  3. Donahoe v. Herrick260 P. 150 (Idaho 1927)
  4. First National Bank v. Benedict Consolidated Industries, Inc.402 N.W.2d 259 (Neb. 1987)
  5. Herring v. Hercules Powder Co.55 So. 2d 319 (La. Ct. App. 1951)
  6. Bain v. King259 N.W. 751 (Neb. 1935)

Most recent

  1. Nogg Bros. Paper Co. v. Bickels446 N.W.2d 729 (Neb. 1989)
  2. First National Bank v. Benedict Consolidated Industries, Inc.402 N.W.2d 259 (Neb. 1987)
  3. Herring v. Hercules Powder Co.55 So. 2d 319 (La. Ct. App. 1951)
  4. Bain v. King259 N.W. 751 (Neb. 1935)
  5. Donahoe v. Herrick260 P. 150 (Idaho 1927)
  6. Jones v. Great Northern Railway Co.217 P. 673 (Mont. 1923)

Citing references are not a citator: they show that a later opinion cites this case, not whether it followed, distinguished, or overruled it. Check negative history before relying on this case.

Authorities cited 2

DepthCaseCited by
W. S. Bloom & Co. v. Warder, Mitchell & Co., 13 Neb. 476 (1882) 10
Branson v. Branson, 121 N.W. 109 (Neb. 1909) 8

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