Public-domain · open source
OpenJurist

26 Mo. App. 411

Kendall v. Baltis

Missouri Court of Appeals

Decided May 23, 1887

Missouri Court of Appeals · decided 1887-05-23

C. EL Mansur, Special Judge. The case is sufficiently stated in the opinion of the-court. I. The sole consideration of the sale of the goods In controversy, by Baltis Brothers to their father, was, that “he should assume and pay” certain notes of theirs,, on which the father was security. He was not, in contemplation of law, their creditor. No right of action, enures to a surety, against his principal, until the security debt is paid.

Relies on Albert v. Besel

Affirmed · Decided 1887-05-23

Hall, J.

¶1On October 19, 1885, the defendants, Baltis & Baltis, sold and conveyed their entire stock ■of goods, etc., and sixteen head of young cattle and ■calves, to Mathias Baltis, in consideration of the latter assuming the payment of certain specified notes, executed by Baltis & Baltis, as principals, and by Mathias Baltis, as their surety. Afterwards, the stock of goods was seized, under a writ of attachment, issued in this case, .as the property of Baltis & Baltis. Mathias Baltis in-terpleaded, claiming the property.

¶2If Mathias Baltis took a conveyance of the property for the purpose of enabling him to pay the notes, on which he was surety, and thus to protect himself, the purpose was an honest purpose, and the conveyance was good, as against the creditors of Baltis & Baltis. Brandt ■on Suretyship, sect. 218. And this, too, although Baltis & Baltis may have intended to hinder .and delay their other creditors, in the collection of their debts, by making the sale and conveyance, and, although Mathias Baltis knew of such intention on their part, provided he •did not participate in the said intent of Baltis & Baltis, and acted for the purpose of paying the notes and protecting himself. Albert v. Besel, 88 Mo. 150.

¶3The court tried the issues on the interplea in accordance with this theory. The judgment is, therefore, affirmed.

All concur.
/26/moapp/411 · .json · Public domain