Harper v. East Side Syndicate, 40 Minn. 381

Harper v. East Side Syndicate

40 Minn. 381 | Minn. | 1889

Vanderburgh, J.

This action is brought to enforce specific performance of a contract for the sale o'f lands against the purchasers. The defence is that the plaintiff is unable to give a good title to the land agreed to be conveyed. He claims title under the Lake Superior & Mississippi Railroad Company, and the latter is admitted to have been the owner; but prior to the date of its conveyance to the plaintiff, the corporation had executed two several mortgages to secure its bonds to a large amount, running to J. Edgar Thompson *382and William G. Moorhead, trustees, covering this and other lands. A suit in equity had been instituted in ike United States circuit court, in which George Philler and Stephen A. Caldwell were plaintiffs, and the'railroad company was sole defendant, to foreclose the mortgage first executed, in which a judgment of foreclosure was entered on March 8, 1877. On March 10th following, the company conveyed the land in question to A. E. Kiefer and Adam Heck, and on the same day Philler and Caldwell also executed to them an instrument releasing the same from the mortgage, and thereafter Kiefer and Heck conveyed to plaintiff. Upon May 1, 1877, the premises were sold in pursuance of the judgment to one Eh awn. The judgment contained a recital that Philler and Caldwell had been appointed trustees in place of Thompson and Moorhead, and this the court.finds to be all the evidence there is that Philler and Caldwell succeeded to the title of Thompson and Moorhead, as trustees. And the second mortgage does not appear to have been foreclosed, satisfied, or barred. Thompson and Moorhead, not being parties to the suit, are not bound by the recitals in the judgment. The plaintiffs are not, therefore, shown to have a good or clear title to the premises, and a court of equity will not compel the purchaser to accept it, and complete the contract.

Judgment affirmed.