Plaintiff sued to recover damages for breach of contract. Plaintiff, in writing, offered to sell to the defendant certain land with the buildings thereon. In that offer there was the following provision:
“I hereby reserve the right of first option to repurchase the said buildings herein offered at such time as the city of Milwaukee shall dispose of same.”
As is stated in a footnote in 32 L. R. A. n. s. 430:
“While the authorities are not in harmony on the question, by the weight of authority an order or contract for the purchase of personal property is lacking in an essential element, and is invalid, if the price to be paid is not expressly or impliedly incorporated therein, or some reasonably definite method for determining it agreed upon. Indeed, in most of the cases considering the matter, the doctrine is stated that the price must be expressly stated, or some method expressly agreed upon by which it may be determined, in order to constitute a valid executory contract of sale.” Harper v. Dougherty,2 Cranch. C. C. 284 , Fed. Cas. No. 6,087; Lewis v. Lofley,60 Ga. 559 ; James v. Muir,33 Mich. 224 ; Lambert v. Hays,136 App. Div. 574 ,121 N. Y. Supp. 80 ; Still v. Cannon,13 Okla. 491 ,75 Pac. 284 ; Wittkowsky v. Wasson,71 N. C. 451 ; Scott v. Wells, 6 Watts & S. 357,40 Am. Dec. 568 ; Bigley v. Risher,63 Pa. 152 , 13 Morrison Mining*413 Rep. 176; Asebal v. Levy, 10 Bing. 376, 4 Moore & S. 217, 3 L. J. C. P. n. s. 98.
- Appellant’s supplemental brief relies upon the decision in Bowser & Co. v. Marks,
In Fogg v. Price,
“This is simply an agreement to give the lessee the first chance to make a contract, — an agreement to sell, — if the parties can agree, but not otherwise. It neither fixes the price, nor provides any way in which it can be fixed. Suppose that the premises had been advertised for sale, and that the tenant had brought his bill at once. It is plain that the court could not have named any sum at which the lessor should be compelled to sell. Considered, therefore, in the light of a contract to sell, as it is treated by the bill, it does not satisfy the statute of frauds, and apart from the statute it is not such a contract as equity can specifically enforce.”
That is equally applicable to the provision upon which plaintiff relies. It neither provides that the price was to be some specified or a reasonable amount, nor does it provide any manner by which the price is to be ascertained or determined. At best it is nothing more than an agreement to make a future agreement as to an essential term, which can
By the Court. — Judgment affirmed.
