20 Johns. 15 | N.Y. Sup. Ct. | 1822
delivered the opinion of the Court. If seems to me, there can be no doubt that the covenants here are mutual and independent. The defendant’s covenant is absolute and positive, that he shall pay the 2500 dollars, in instalments; and in consideration of the payments being punctually made, at the times, and in the manner specified, the plaintiff bound himself to convey, in fee simple, the lots of land therein described. The payments were to be made without reference to the conveyance, and the conveyance was not to be given until all the payments were made. It is impossible for language to render covenants more independent than these, But the parties declare it to be understood, that if the first payment is made when it becomes due, and the defendant wishes to get a deed for the premises, and to give a bond and mortgage on the same, for
The objections are, first, that it is not averred, that Bemis was ready and willing to give a warranty deed; second, that the defendant was entitled to a warranty deed from the plaintiff, and was not bound to take one from any other person; and, third, that the plaintiff, having disabled himself from conveying, the contract was rescinded, and he was not entitled to recover. The defendant not having availed himself of his right to demand a conveyance, when the first payment became due, in truth, the only question is, whether, by the plaintiff’s assignment of the agreement and conveyance, in fee, to Bemis, the contract is rescihded ? It is evident, from the facts set forth in the replication, that the plaintiff did not intend to rescind the contract. On the contrary, he assigned it, as a subsisting and beneficial contract, at the same time that he conveyed the lots to Be
It is a mistake to compare this case with that of Judson v. Wass, (11 Johns. Rep. 525.) There, the giving the note, deed, bond, and mortgage, were all to be simultaneous acts $
I consider the distinction to be clearly settled between dependent and independent covenants or promises. In the first case, the conveyance and payment are to be simultaneous acts, and there then must be an existing capacity in the one who is to convey, to give a good title; in the other case, where the payments are to precede the conveyance, it is no excuse for non-payment, that there is not a present existing capacity to convey a good title, unless the one whose duty it is to pay, offers to do so, on receiving a good title, and then it must be made to him, or the contract will be rescinded. Here, the defendant never offered to pay, and never demanded a conveyance ; and, therefore, it furnishes, no bar to the suit, that, at a certain period, the plaintiff had not the title. He might have had it, and would have had it, if the defendant had paid the money and demanded a deed.
Judgment for the plaintiff.