95 N.Y.S. 669 | N.Y. App. Div. | 1905
The plaintiff claims that defendant agreed with him and two others to carry out a certain contract for the purchase of real property which he had made and was unable to complete, and in consideration of his furnishing sufficient money to carry out the contract defendant should take title in his name, and upon a sale of the premises all profits, after deducting interest on the moneys advanced, were to be divided into four equal ■ parts, one of which should belong to the plaintiff. There was no agreement, however, as to when the property should be sold, or at what price. The defendant purchased the property under the terms of the plaintiff’s contract for $1,850, arid the plaintiff thereafter procured a person who was willing to purchase the premises for $2,400, but defendant refused to sell at that figure. This action was thereupon begun to recover "the amount the plaintiff would have been entitled to receive providing the sale had been made, and he has recovered a judgment for that, amount, from which this appeal is taken.
Hirschberg, , P. J., Woodward, Hooker . and Miller, JJ., concurred.
Judgment of the Municipal Court reversed and new trial ordered, costs to abide the event. .