Elliott

Elliott v. Sims

Good Law
1928 Cal. App. LEXIS 1032·91 Cal. App. 779·267 P. 584
Court of Appeal of CaliforniaMay 16, 1928Docket No. 5466.California540 words

Opinion

Lead Opinion

Wood, J.

Plaintiff sued to recover the balance due on a promissory note for the sum of $1,000 executed by defendant J. H. Sims. Plaintiff alleged that $450 had been paid on the note, and asked judgment for $550 and an attorney’s fee. Defendant Sims filed an answer and cross-complaint in which he alleged that J. P. Mannen, originally a party defendant, had sold him a number of shares of the capital stock of Richfield Southern Oil Company; that Mannen was an agent of said company; that the note was to be “placed in escrow by said company until paid.” Sims further alleged that the note, quoting from his cross-complaint, “was sold and transferred by the defendant Mannen with the knowledge of the defendant Rich-field Southern Oil Co., to the cross-defendant Elliott, who this cross-complainant alleges on information and belief knew and was well acquainted with all of the facts surrounding the ease and further that said cross-defendant Elliott was acting in collusion with the cross-defendants Mannen and Richfield Southern Oil Co., for the purpose of defrauding the cross-complainant Sims of the value of face of said note and of dividing the profits between them.” He asks that the note be canceled…

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