65 N.J. Eq. 550 | New York Court of Chancery | 1903
On March 14th* 1903, Mignonette E. Barber signed the following paper:
“Woodbury 3/14/03.
“Received of Arthur W. Olaphan fifty dollars in part payment in the purchase of house No. 35 Center St. Woodbury N. J. .
“$50.00. Mignonette F. Barber.”
The defendants admit her ownership of the property described, and admit that one Allen, her agent, advised her that he had obtained a purchaser for this property,.in the person of Arthur W. Claphan, and that she signed the receipt and received a check for $50 from said Claphan.
The identity of the property, therefore, wdiieh is the subject-matter of the receipt, is sufficiently established. It is again insisted that the terms of payment are not proved with sufficient certainty by parol.
It is not denied that the same was to be $3,500, but the query is whether it was to be all in cash or $1,000 in cash and $2,500 upon a mortgage, to be given to Mrs. Barber.
I think it sufficiently appears that it was to be in cash, and that the error in stating the contract in the original bill arose from a misunderstanding of what was written in the statement given by Mr. Claphan to his solicitor, by wray of instructing the latter in bringing the suit. The allusion to a mortgage contained in the statement was respecting one that Mr. Allen was to negotiate for the purpose of raising the cash to pay Mrs. Barber. I think, also, that the time when the money was to be paid is sufficiently ascertained, and that it was to be paid when Mrs. Barber could terminate the tenancy of the person then occupying the house, and that two months was stated as the time this would require. This period of time has now expired, and I see no reason why a deed should not be delivered upon the payment of $3,500 in cash.
I will advise a decree for the complainant.