Cromwell v. County of Sac
22 Ill.94 U.S. 351, 4 Otto 351, 24 L. Ed. 195 (1877)
Facts:
-Plaintiff brought action on
four bonds and four coupons for interest that were attached.
-The Defendant had
issued bonds in 1860 for a courthouse to be erected. These bonds were redeemable
in 1868, 1869, 1870, and 1871.
-The courthouse was never built and the
Plaintiff sued to recover the amounts of the bonds plus interest on the bonds.
-The
Plaintiff brought suit and the Defendant claimed that the Plaintiff was
precluded from raising the issue because of a prior suit that was brought by
Samuel Smith (Smith).
-In the prior suite, Smith sought recovery on the same bonds.
-In that
suit, evidence was presented showing that the Plaintiff owned the bonds
and that the case was being brought for the Plaintiff’s benefit.
-The
trial court held that the bonds were void against any party who had not
acquired them before maturity and given value for them and found the
Plaintiff had not proven that he gave value for them. -The Plaintiff was
not allowed to show that he gave value for the coupons and bonds before
maturity, which the trial court held, proved the invalidity of the bonds.
Issue:
-Was the Plaintiff estopped from bringing his claim on the bonds and the bond's coupons?
Holding:-No. The Plaintiff should have been
allowed to show that he was a bona fide purchaser for value of the bonds
before the date of maturity.
-The exclusion of the evidence offered by
the P was erroneous.
-Judgment is reversed and remanded for a new
trial.
Rules:
Where a
second action between the same parties is based upon a different claim
or demand, the judgment in the prior action operates as an estoppel only
as to those matters in issue upon which the original verdict or judgment was
rendered.
Analysis: -There was nothing
adjudged in the former action that Smith (prior Plaintiff)
had not proven, that could justify the Plaintiff being precluded from
proving in this case.
-The fact that one party may not have shown that he gave
value for one bond is not presumptive or conclusive evidence that he
may not have given value a different bond.
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