Knoll

Knoll v. Melone

Good Law
1 Cal. App. 637·1905 Cal. App. LEXIS 169·82 P. 982
Court of Appeal of CaliforniaSeptember 23, 1905No. 62.California1,857 words

Opinion

Lead Opinion

Hall, J.

This is an appeal by plaintiff from a judgment in favor of defendant upon the judgment-roll alone. The facts that determine this case, as set forth in the findings, are as follows:—

On the twenty-third day of April, 1881, J. R. Myers was the owner of certain bonds and coupons of the city of Placer-ville of the face value of $29,500, and by writing underpaid date entered into a contract with Drury Melone (defendant) whereby Melone undertook to collect from said city said bonds and interest thereon. By the terms of said contract Melone should have, own, and retain one half of whatever should be recovered on said bonds or coupons by litigation, settlement, or compromise.

May 10, 1882, said Myers, by a writing placed at the foot of said written contract between Myers and Melone, assigned to L. L. Robinson all the interest of Myers in said contract and in said bonds and coupons as security for the sum of four thousand dollars due by Myers to Robinson, and evidenced by promissory note of date May 10, 1882, and bearing interest.

June 30, 1885, Myers executed to Robinson a renewal note for the principal and interest, then amounting to fifty-eight hundred dollars, to bear interest at…

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