Plummer v. KenningtonPlummer v. Kennington
- Reporters:
- ,
- Before:
- Ladd
The parties hereto entered into a written agreement October 4, 1907, by the terms of which plaintiff agreed to buy three hundred and ten acres of land, known as the “Valley View Farm of the Graham Banch,” and to pay therefor $19,375. Of this he undertook to pay defendant $10,000 and a stock of gents’ furnishing goods, shoes, etc., to be invoiced at once, and, if with fixtures of the agreed value of $373 this amounted to less than $9,375, plaintiff was to pay the difference in money less a discount of $234.35 allowed plaintiff because of the immediate delivery of the stock. Upon plaintiff’s election before February 1st following, defendant was to procure a loan for the $10,000, and up to $11,000 if needed, to cover the above difference, and possession of the farm was “to be given March 1, 1908, when second party is to have deed for the’ land in usual warranty form with abstract of title, showing perfect title, free of any incumbrances.” The deed was to be delivered at the State Bank at Prairie City, and it was stipulated that, “if the first party (defendant) fails to furnish deed (warranty) together with abstract of title *421showing clear and perfect title as above agreed, then he is to pay to the second party cash for the stock of goods as invoiced and cash for the fixtures.” The invoice was completed October 7, 1908, amounting to $450 less than estimated with discount out, and plaintiff delivered the goods, and later paid the difference. He notified defendant he would rely on him to procure the loan, and negotiations to that end followed; the defendant submitting abstracts of title to the bank at Prairie City, through which it was proposed to obtain the loan. This was on January 18, 1907, and it forwarded the papers to an insurance company. Upon observing that the abstract did not disclose the title in the appellant’s name, the company’s attorney notified the bank that it did not care to make the loan. The abstracts were then taken to other attorneys, one of whom examined them, and prepared a written opinion pointing ‘out twenty-two alleged defects, and advising that “the abstractor rewrite the entire abstract, showing each step in the title pertaining thereto in regular order.” Thereupon the abstracts with the attorney’s exceptions were returned to defendant, who submitted them to the abstractor, who also was an attorney, and the latter, after making a number of corrections, returned them, saying that the abstracts showed good title in Joseph A. Graham, and that he did not “see how any one could object to the condition of the title as it now stands.” The banker insisted on submission to the Des Moines attorney again, who responded “that they (the abstracts) have been corrected in some particulars, but in many others, there has been no change; besides, the abstract remains in its confusing and disorderly condition. The abstract is far from satisfactory and the title as it appears therein in our judgment is not acceptable.” This was written March 3, 1908. As March 1st was Sunday, the defendant delivered deeds of the land executed by Joseph A. Graham, of whom he had purchased it, and wife to the plaintiff, to the bank on the following day, and *422on April 3, 1908, this action for the recovery of the invoice value of the stock of goods, the agreed value of the fixtures, and the $450 paid in cash was begun. Defendant put in issue the allegations with respect to compliance with the conditions of the contract, alleged waiver of strict performance, prayed that it be reformed so as to exact payment of cash value of the stock and fixtures, instead of the invoice price and that fixed for fixtures, and in a cross petition demanded specific performance. On hearing specific performance of the contract was decreed, and, on appeal, the plaintiff first contends that the court erred in not entering judgment for the invoice price of the goods and agreed value of the fixtures, for that, as is said, defendant did not furnish abstracts showing perfect title to the land by March 1, 1908, as agreed.
(c) Allen Cate acquired the S. W. % N. W. % of section 36, township 70, range 18, and conveyed to Cornelius Brown the south thirty acres of it in 1870. In 1877 Brown appears to have conveyed about five acres of this land to one Gillis, who also obtained a tax deed for part of the land, but Joseph A. Graham acquired from Gillis through mesne conveyances the parcels thus transferred prior to March 1, 1908. Some criticism is made of a deed of the south fifteen acres of the forty, but this requires no attention, as the tract is not included in the contract. Cate does not appear of record to have conveyed the north ten acres of the tract, though Manuel Homer executed a deed of the north (nine and one-half) acres to Jacob Sweetman in March, 1869, and the latter, with his wife, quitclaimed the north ten acres to Joseph A. Graham in November, 1907, but prior to this, August 22, 1902, Martha Porter and others had conveyed the tract to the same grantee. A decree entered in January, 1908, declared that Cate and wife had executed a deed conveying the ten acres to Cornelius Brown, hut that the deed had not been filed for record, and declared that the decree stand in lieu of such record. No exception is taken to the effectiveness of this decree, and as Brown executed a deed of the north twenty-five acres of the forty to Graham April 25, 1908, appearing on the continuation of the abstract, the criticism, as made of the title of this parcel, that it had not passed from Brown to Graham, is unfounded.
The decree of the district court has our approval, and is affirmed.