4 Ind. 206 | Ind. | 1853
Debt on three several promissory notes under seal. There were two pleas. On the first, there was issue joined, and no question arises upon it for our consideration. The second plea was as follows:
Demurrer to this plea sustained, and final judgment for the balance due on the notes.
It is objected to the plea that it does not aver a readiness on the part of Ellis to pay the money and execute a mortgage on receipt of the deed.
By the terms of the agreement, as set out in the plea, the payment of the first note and the execution of a mortgage to secure the other two, on the part of the vendee, and the execution of the deed by the vendor, were dependent acts. Either party suing for a breach of the contract, in such a case, in order to entitle himself to recover, must show a performance, or a conditional offer to perform whatever was to be done on his part. If Ellis were suing to compel Hubbard to execute the conveyance, it would then be incumbent on him to aver that he had paid or tendered the money and mortgage; but standing in the position of a defendant, it was only necessary for him to show, in order to defeat the suit, that the plaintiff had failed to perform the part of the contract incumbent on him to perform, according to the terms and conditions of the agreement. This view is fully sustained by later cases. The decisions of this Court have not been entirely
This authority is directly in point. The plea sets up a contract by which the vendor was bound to deliver, or offer to deliver, to the vendee a deed, upon the payment by him of the first note, and the execution of a mortgage to secure the residue of the purchase-money. His agreement was, in effect, to convey on the day the first note fell due. The averment is express, that the plaintiff had not conveyed, and had not offered to convey, upon payment of the first note, &c.; thus negativing the vendor’s performance of the contract in the very words of the contract itself. As the averment denied, in general terms, that the plaintiff had made or tendered a deed at all, it was substantially equivalent to an averment that he had not made or tendered a deed on the day, &c. Upon the principle decided in McCulloch v. Dawson, supra, which we are disposed to regard as finally settling the question, the plea was sufficient to bar the action, and the demurrer should have been overruled.
The judgment is reversed with costs. Cause remanded for further proceedings in accordance with this opinion.