45 N.J. Eq. 289 | N.J. | 1889
The opinion of the court was delivered by
Rachel Van Buskirk, a married woman, owning a one hundred and twenty-five-acre farm in her own right, in 1882 leased twenty-five acres of it to the Union Brick and Tile Manufacturing Company, for a period of twenty-two years and two months, at a rent of $500.
The lease contained a provision as follows:
“ That the said company is to have the privilege of buying the aforesaid premises at any time within five years from the commencement of this demise at the price or sum of $7,000, but such privilege is given upon the condition that all rent due is first paid, and the other agreements herein of said company first performed.”
The husband agreed, in writing, that, in case the company concluded to purchase, the property upon the prescribed terms, he would join his wife in the execution of the deed to them. The husband died in 1886, and, in 1887, his widow conveyed the entire tract of one hundred and twenty-five acres to Jacob Lorillard, one of the defendants below. Contained in this instrument is the following clause, which follows a provision that the conveyance is taken subject to certain encumbrances:
“And also subject to a certain lease and agreement in said lease to convey a portion of the premises herein described and conveyed, made by the said Rachel A. Van Buskirk and Hiram Van Buskirk, her husband, dated March 24, 1882, to the Union Brick and Tile Manufacturing Co., and recorded in Liber 345 of Deeds of Monmouth County, &c., subject to all the agreements and covenants in said lease.”
The Union Brick and Tile Manufacturing Company elected to purchase, made their tender and demanded a deed within the prescribed period. Failing to get title, they filed their bill for a specific performance of the agreement to convey to them the twenty-five acres.
This deed, by express terms, subjected the grant contained in it to a liability for the performance of the agreement contained in the lease. By this stipulation in the conveyance the clause ■contained in the lease became embodied in the deed to Lorillard. It was, in effect, as if she had expressly bound her grantees to execute a deed in favor of respondents in the very words of the agreement contained in the original lease. It was equivalent to a re-execution of the agreement in favor of the respondents at a time when she was under no possible legal disability.
Hor does it matter that this new execution of the stipulation was in the deed which Lorillard himself did not sign. The law is entirely free from doubt that the grantee of a deed inter partes, whereby an estate is conveyed, is bound by the conditions, covenants and stipulations therein, although it is only signed by the grantor. His acceptance of the deed is such assent on the part of the grantee to its terms as will oblige him to perform or submit to their requirements. Finley v. Simpson, 2 Zab. 311; Earle v. New Brunswick, 9 Vr. 47; Harrison v. Vreeland, 9 Vr. 366; Patten v. Heustis, 2 Dutch. 293.
So, by the acceptance of the deed from Mrs. Van Buskirk containing the above-mentioned stipulations, Lorillard became bound by the terms of her agreement with the complainants, touching their right to a conveyance of the twenty-five acres, if they should elect to take such conveyance within the time; and
In this view of the cause there exists no difficulty in the way of the complainants enforcing their rights against both parties,, even if it be admitted that the original agreement of Mrs. Van Buskirk was a nullity by reason of her condition of coverture at the time of its execution. The question of its invalidity does not, therefore, arise. The decree below should be affirmed.
Deoree unanimously affirmed.