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Warner v. Dillon

EUGENE WARNER v. EASTMAN DILLON, UNION SECURITIES & CO. MULTINATIONAL INDUSTRIES NATIONWIDE REGISTRAR AND TRANSFER AGENCY, INC. ENTERPRISE SECURITIES, and MEL RICHARDS

Warner v. Dillon, 558 P.2d 540 (Nev. 1976)
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Court
Nevada Supreme Court · State Highest Courts
Decided
December 21, 1976
Docket
No. 8417
Citations
558 P.2d 54092 Nev. 6771976 Nev. LEXIS 721

Opinion of the Court

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

*678 OPINION Per Curiam:

Eugene Warner owned 40,000 shares of stock of Multinational Industries. On October 4, 1971, Warner instructed a broker at Eastman Dillon, a national stock brokerage firm, to sell the shares, in small lots, for the best price available. When the initial sales caused an abrupt drop in the price of the stock, the broker learned — through inquiries — the stock was nontransferable, even though such restriction did not appear on the certificates. The broker canceled the sales made and declined to make further offers. Warner was so notified by mail.

Warner then brought this action against Eastman Dillon and the other named defendants, alleging Eastman Dillon had been negligent in its handling of his stock and that they and the other defendants had conspired to prevent a successful sale of the stock. At the close of Warner’s case, the district judge granted the defendants’ motion to dismiss for failure to prove a sufficient case pursuant to NRCP 41(b).

Warner appeals on two theories: (1) that respondents waived their right to such a motion by presenting a defense witness, “out of order,” during the appellant’s case-in-chief; and, (2) that he had presented sufficient evidence. We reject both theories and affirm the decision of the lower court.

1. A defendant may bring a motion to dismiss at the close *679 of plaintiff’s case. NRCP 41 (b). 1 The rule does not specifically require him to do so before presenting evidence himself. In determining whether to grant a motion to dismiss, the court is required to accept as true all evidence and reasonable inferences therefrom presented by the plaintiff. Gunlock v. New Frontier Hotel, 78 Nev. 182 , 370 P.2d 682 (1962). The court was, therefore, bound to disregard any contradictory evidence presented by the defense during the case-in-chief, whether by cross-examination or by direct testimony of a defense witness.

Warner has neither suggested nor shown prejudice as a result of the “out of order” testimony which had been permitted for the convenience of the witness. Even if we assume prejudice, Wárner did not object at the time the testimony was given; therefore, he waived any right to now complain. Richfield Oil Corp. v. Harbor Ins. Co., 85 Nev. 185 , 452 P.2d 462 (1969); Karns v. State Bank & T. Co., 31 Nev. 170 , 101 P. 564 (1909).

2. , Warner’s second theory is equally without merit. Notwithstanding the favorable inferences granted in considering a motion to dismiss, Warner totally failed to present enough evidence to establish a prima facie finding of negligence by Eastman Dillon, or that the several respondents conspired to destroy the value of the stock. Dodd v. Cowgill, 85 Nev. 705 , 463 P.2d 482 (1969); Long v. Flanigan Warehouse Co., 79 Nev. 241 , 382 P.2d 399 (1963).

Affirmed.

NRCP 41(b) provides, in part:

“. . . After the plaintiff has completed the presentation of his evidence, the defendant, without waiving his right to offer, evidence in the event the motion is not granted, may move for a dismissal on the ground that upon the facts and the law the plaintiff has failed to prove a sufficient case for the court or jury.”

How later courts describe this case

No later court has written an explanatory parenthetical about this case yet.

1979: 11980: 11993: 11997: 119792026peak 1979 · 1

Relies on it most ⓘ

  1. Barelli v. Barelli944 P.2d 246 (Nev. 1997)
  2. Tahoe Highlander v. Westside Federal Savings & Loan Ass'n588 P.2d 1022 (Nev. 1979)
  3. Howard H. Hazen v. Prudential Securities, Inc.12 F.3d 1106 (9th Cir. 1993)
  4. Griffin v. Rockwell International, Inc.620 P.2d 862 (Nev. 1980)

Most recent

  1. Barelli v. Barelli944 P.2d 246 (Nev. 1997)
  2. Howard H. Hazen v. Prudential Securities, Inc.12 F.3d 1106 (9th Cir. 1993)
  3. Griffin v. Rockwell International, Inc.620 P.2d 862 (Nev. 1980)
  4. Tahoe Highlander v. Westside Federal Savings & Loan Ass'n588 P.2d 1022 (Nev. 1979)

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 5

DepthCaseCited by
Gunlock v. New Frontier Hotel Corp., 370 P.2d 682 (Nev. 1962) 43
Richfield Oil Corp. v. Harbor Ins. Co., 452 P.2d 462 (Nev. 1969) 30
Long v. Flanigan Warehouse Co., 382 P.2d 399 (Nev. 1963) 22
Dodd v. Cowgill, 463 P.2d 482 (Nev. 1969) 7
Karns v. State Bank & Trust Co., 31 Nev. 170 (1909) 6

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