145 Mich. 438 | Mich. | 1906
(after stating the facts). Counsel for the plaintiff insist that there is no justification for the judgment in the finding of facts. Under the findings the oral arrangement for the payment of $1,000 for a purchaser at $58,000 was voluntarily abandoned. Plaintiff testified,, as stated in the finding of facts, that he told defendant,,
“Agreement made between E. J. Horton and Frederick Immen, both of Grand Rapids, Michigan:
“In case a sale of the Loraine building located in Grand Rapids, Michigan, and owned by said Frederick Immen, is consummated by March first, 1905, to M. S. Keeler of Grand Rapids, Mich., for the sum of fifty-eight thousand dollars, E. J. Horton agrees to' take one thousand dollars in full for his commission on the sale. If sale is consummated for any less amount than $58,000, E. J. Horton agrees to take five hundred dollars in full for his commission on said sale. If sale is not consummated by March 1, this agreement is null and void between E. J. Horton and F. Immen.”
Plaintiff was then negotiating with one Keeler to purchase the property. It is the claim of plaintiff that Keeler offered $56,000, and that defendant expressed himself as willing to take that sum, and that they had agreed upon a meeting to arrange for the execution of the papers and terms of payment. Mr. Keeler testified that defendant consented to the terms of payment. Defendant denies such an agreement. Whether they had agreed verbally or not is immaterial. Plaintiff and defendant had made a definite contract. That contract provided for the consummation of a sale. None was consummated. It could not have been consummated until the vendor and vendee, or grantor and grantee, had entered into a valid and binding contract for the sale. Until that was done either party was at liberty to retire from his parol agreement. The contract was not to find a purchaser, but. to consummate a sale.
The judgment is affirmed.