44 Mo. 326 | Mo. | 1869
delivered the opinion of the court.
This is an action of replevin for a steam boiler, etc. The defendant purchased the property in dispute of the firm of Martin, Law-«& Wimbsy, who were at the time in possession, under a claim of title from the plaintiff as their vendor. The title of
After the execution of this agreement, Martin & Co. took possession of the property, and, before the six months had.expired or the $250 had been paid, sold it to the defendant, who made the purchase without notice of the plaintiff’s rights. Upon this state of facts it becomes necessary to determine the character of the transaction between the plaintiff and Martin & Co. If the transaction, evidenced by the written agreement, constituted a conditional sale, then no title vested in Martin & Co., and the defendant acquired nothing by his purchase from them, for there is no suggestion of laches on the part of the plaintiff. (Parmelee v. Catherwood, 36 Mo. 479 ; and Little v. Page, decided at the present term.)
In determining the character of the transaction between the plaintiff and Martin & Co., the same rules of construction are to be applied to the agreement between them, in determining its meaning, that are employed in the construction of other written instruments. As the purposes of the parties can be collected from the writing, what results did they intend to accomplish by it ? It is manifest that they did not contemplate an ordinary sale. The writing employed as evidence of the bargain is wholly different from the usual bill of sale. By a literal rendering of its language there was no sale at all, but only an “ agreement” to sell at a future time. In law, a sale and an agreement to sell are quite distinct. By the writing, the plaintiff agrees to sell in “six months from date” for $250. This is language in no way suggestive'of a present and absolute sale. Then Martin & Co. do not agree to buy the property, but to “return” it at the end
Judgment affirmed.