DocketNumber: No. 2188
Citation Numbers: 18 Colo. App. 128
Judges: Wilson
Filed Date: 9/15/1902
Status: Precedential
Modified Date: 9/7/2022
The following facts were practically undisputed. Mrs. Lou Turner, one of appellees, gave to her husband, R. J. Turner, $360 of her own money to deposit for her in the State Bank of Rocky Ford, one of appellees. Turner deposited it as requested, but took a certificate of deposit therefor in his own name, which he delivered to his wife, and which she placed in her trunk. She did not notice that the certificate, which was payable on demand, was in the name of her husband. Shortly afterwards, without her -knowl
Our gambling statute, after providing that all contracts, promises, agreements, conveyances, securities and notes made, executed, etc., where the whole or any part of the consideration shall be for money or property won by gaming, or by playing at cards, or by any gambling device or game of chance, etc., shall be utterly void and of no effect, proceeds as follows: “No assignment of any bill, bond, note or other evidence of indebtedness, where the whole or
This statute has been in force for many years, and was taken literally from the statute of Illinois.— Hurd, Revised Statutes of Illnois, chap. 38, secs. 131, 136. Both before and subsequent to its adoption in Colorado, it has been interpreted by the supreme court of Illinois. — Williams v. Judy, 3 Gilman, 284; Chapin et al. v. Dake, 57 Ill. 298.
In each case it was held that a contract tainted with a gambling consideration was absolutely null and void, even in the hands of an innocent purchaser for value. The Chapin case was almost precisely similar to the one at bar. There genuine bank drafts had been lost at gambling, and the court held that the endorsement or assignment of the drafts was void, and did not serve to transfer the title in them. It held in effect that the endorsement of the drafts was a contract or agreement between the parties. The same has been held by this court in a very recent case, the opinion in which was handed down at this term.— D. Sullivan et al. v. German National Bank of Denver, Joshua H. Wilbraham et al., ante, 99.
The consideration of the contract of endorsement in this case coming within the prohibition of the statute, it was null and void, and through it therefore the appellant bank secured no title. No more effect could be given to it, as was said in the Dake case, than to a forged endorsement. The contract of assignment being void by express statute, it was stricken with nullity at its birth, and could gather no
The views which we have expressed have already been announced both by this court and by the supreme court. — Boughner v. Meyer, supra; Bank v. McClelland, 9 Colo. 611; Ayer et al. v. Younker, 10. Colo. App. 27.
In the Boughner case Chief Justice Thatcher said: ‘ ‘ The provisions of this section are very broad and sweeping. Even in the hands of bona fide purchasers, negotiable paper founded in whole or in part upon a gambling or gaming consideration, within the meaning of this section, is utterly void. ’ ’
If a negotiable instrument is void because of a gambling consideration, so must also be an assignment or endorsement, because it is a contract indisputably, and hence comes within the express language of the statute.
It is possibly true that this sweeping statute may under certain circumstances work hardship in the commercial world, but courts are powerless to relieve. The remedy, if any is desirable, rests with the legislature alone. . Of course where innocent purchasers are involved, the effect of the statute should not be extended to cases not fairly within its provisions, but where the case, like this, comes squarely within the terms of the statute, there is but one course for the court to pursue.
The judgment was right and will be affirmed.
Affirmed.