36 N.J.L. 557 | N.J. | 1873
The opinion of the court was delivered by
In July, 1870, commissioners were appointed to value certain lands of the defendants in error, taken by the Montclair Railway Company for the construction of their railroad, and to appraise the damages sustained by the said defendants by reason of the taking of their lands.
These land owners being dissatisfied with the appraise
The case comes here by writ of error to review the action of the Circuit Court, rejecting certain testimony offered on the part of the railway company. The trial in the circuit commenced on the 17th of April 1872. The question to be determined was the value of the lands and the damages, of the plaintiffs below, at the time of the assessment by the commissioners.
After the plaintiffs below had proven the value of their lands and their damages, William Jacobus, a real estate agent, was called on behalf of the defendants, and asked “ at what price he had offered for sale, since the summer of 1871, the property adjoining that of the plaintiffs,” and also, “at what price he had offered the adjoining property for sale during the summer of 1871.”
These two questions, which are similar in their character, were overruled by the justice who tried the cause.
There is no inflexible rule in these cases, which limits the period over which this inquiry., started by these questions, may be extended. How long anterior or subsequent to the first appraisement the investigation may be carried, must, in a great measure, be left to the sound discretion of the court below, and unless it appears that that discretion is exercised to the injury of the party whose evidence is rejected, this court ought not to interfere. In some cases, financial disturbances depress, and in.others, speculative movements appreciate values, and wherever fluctuation exists, the attempt at'comparison between different points of time, would not only furnish an unsafe guide, but introduce new issues to determine whether there had been a rise or a fall, and the extent of it.
The evidence overruled would have introduced other collateral issues, and if admitted, would have entitled the plaintiffs to show that the adjoining owner was under some pressure to sell, or that there was some circumstance which influenced him to offer his property below its actual worth. And it might well be that the damages caused by the building
The question was not what the witness, as an expert, estimated the lands to be worth, but what the owner authorized him to sell them for. It not im frequently happens that property is offered below its fair and actual value. This evidence, therefore, was properly rejected.
The other exceptions are of the like import, and must be subject to the same rule.
In my opinion, the judgment should be affirmed.
For affirmance — The Chief Justice, Bedle, Dalrimple, Scudder, Van Syckel, Woodhull, Clement, Green, Lilly, Wales. 10.
For reversal — None.
Cited in Metler v. Easton and Amboy Railroad Co., 8 Vr. 222.