5 N.C. 389 | N.C. | 1810
From Craven. There are two questions to be decided in this case: first, whether chattels can be sold so as to vest in the buyer, without delivery; and, secondly, whether a sale is good of a thing not in esse at the time when the contract is entered into.
The right of a thing may be completely transferred by the agreement of the owner made upon a proper consideration, as is manifest from various cases stated in the books. From the time the sale is completed the seller is indebted to the buyer for a thing in kind, and is bound to deliver the specific thing sold; but delivery, though necessary to the enjoyment, (390) is not essential to the completion of the right. If a horse be sold and die in the stable of the vendor between the sale and the delivery, the vendor may have an action for the price, the horse being the property of the buyer from the time of the sale. So, if the horse live, and the seller refuse to deliver him, the buyer tendering the price may take the horse or bring an action for him. Noy's Maxims, ch. 42. In 1 Strange, 167, it is stated, "that property may by our law be changed without delivery, as a horse sold in a stable; though it is otherwise in the civil law."
The learning relative to the second question is briefly noticed 3 Reeves' Hist. English Law, 372. According to that writer, the law allowed, in the time of Edward IV., contracts to include things not in esse; and he cites from the Year-Book a case where a man was permitted to make a contract for the sale of all profits or tithes to come off his land the next three or four years. In the further progress of the principle, a distinction was established between contracts executed and executory; and it was laid down as clear law that a man could not, by an executed *261 contract, grant anything of which he was not at the time of the contract actual or potential owner; and every such contract, without such an interest, was held absolutely void. Plow., 432. Thus, if a man should grant all the wood that he should buy thereafter, the grant was void, because he could not make another possessor of a thing of which he was not himself proprietor, either actually or potentially. Hob., 132. For the same reason it is a good plea for a lessee, "that the lessor had nothing in the lands at the time of the lease." Co. Lit., 41, b. Many other cases are brought together to illustrate the distinction, by Powell in his Treatise on Contracts, who (after stating the case of a writ of annuity granted by a prebend after collation, admission and institution, but before induction, which grant is held to be void, though confirmed by the ordinary) proceeds thus in summing up the doctrine: "But we must distinguish the last-mentioned case from those cases in (391) which, although it be uncertain whether the thing granted will ever exist, and it consequently cannot be actually in the grantor or certain, yet it is in him potentially, as being a thing accessory to something which he actually has in him; for such potential property may be the subject of a contract executed, as a grant, or the like. Thus a person may grant all the tithes that he shall have in such a year, yet perhaps he shall have none; for the right to the advowson is in him, and out of that advowson they arise. So a tenant for life may sell the profits of his lands for three or four years to come, and yet the profits are not then in esse. Upon the same principle, the lord of a manor may part with the profits of his court for a time to come." It is also laid down in Hobart, 132, that the grant of all the tithe wool of such a year is good in its creation, though it may happen that there be no tithe wool in that year. But the grant of the wool which shall grow upon such sheep as the grantor shall afterwards purchase is void.
The principles here laid down and the cases cited in support of them appear fully to warrant the judgment of the court in favor of the plaintiff, who, owning the mare at the time of the contract, had a potential interest in the colts which she might afterwards produce, and might therefore sell them by an executed contract.
LOWRIE, J., contra. *262
(392)
