Haynesworth & Co. v. Adler
Haynesworth & Co. v. Adler
Opinion of the Court
This suit is by R. F. Hayneswortli and Kate Orman, as partners under the name of Haynes-wortli & Company, against the defendant, Morris Adler, and has reference to a claim of $7,000, by the plaintiffs against the defendant, for interest on certain notes of defendant to them, which notes, as claimed by plaintiff's, according to the transaction out of which they grew, should have borne six per cent interest, whereas, as claimed, by an oversight, they bore no interest from the date they were given until their respective maturities.
The case -was tried upon the 3d and 4th counts of the complaint, demurrers to which were overruled, and on a special replication to pleas 5 and 6, upon which replication issue Avas joined.
The plaintiffs had a lease on 360 acres of mineral lands which ran for about twenty years. The fee in these lands belonged to other parties, and they were referred to in the proceedings as the Hill & Wilson lands. The
There were other ore lands adjacent to the Hill & Wilson lands, containing some seven hundred and seventy acres, not so valuable for the ores on them, but which the defendant desired to secure an option on to buy, as they were regarded as valuable for purposes connected with the Hill & Wilson lands. These lands are referred to in the proceedings as the Hurst, Burgess & Little lands.
After the option contract referred to between iffain-tiffs and defendant had been entered into, on the 14th of March, 1899, the plaintiffs, as they allege, discovered that it did not contain any provisions for the payment of interest on the deferred payments, and some controversy arose between the parties as to that matter; the plaintiffs contending that these payments, by the terms of the understanding between them and the defendant, should bear 6 per cent interest from the date of the written agreement, and the defendant insisting that the instrument contained their oral agreement, and these deferred payments were not to bear interest. As a result of their respective contentions, the defendant gave to plaintiffs the written agreement sued on and set out in the 4th count of the complaint, which reads as fol
W. A. Orman, the husband and agent of one of the plaintiffs, Mrs. Kate W. Orman, visited Baltimore the home of the Hill & Wilson owners, with the view of procuring from them an option to sell said 360 acres of land. These parties declined to give an option at $36,000, -but did agree to do so at $36,750, and as a condition to agreeing to accept that price, they required the plaintiffs to purchase also, 80 acres more of their lands, — 40 acres at $25.00 per acre, amounting to $1,000, and the other 40 acres at $50.00 per acre,- amounting to $2,000, the two forties aggregating in price $3,000, which when added to the $36,000 for the 360 acres, made, the sum of $39,750, as the best he said, Orman could do, towards securing the desired option on the 360 acres. These conditions were reported to defendant, and.were afterwards accepted and complied with by him.
As for the other lands, called the Hurst, Little & Bur
It is not disputed that defendant has paid in full the |39,750, to the Hills and Wilsons for the 440 acres of land they agreed to sell plaintiffs, and that defendant has secured satisfactory titles thereto, nor is it disputed, but admitted, that plaintiffs have received full payment for the sale of their lease-hold interest in said 380 acres according to contract, except, as they contend, as before stated, that defendant owes them the interest at 8 per cent, on said deferred payments.
The case was tried by and before the presiding judge, without the intervention of a jury. lie found for the defendant, and judgment was accordingly entered, to reverse which the appeal is prosecuted.
In the first place it cannot he denied, that plaintiff's failed to procure an option on the Hill & Wilson lands at the price of $36,000; the amount stipulated for their purchase in defendant’s contract with plaintiff's. The amount at which the Hill and Wilsons gave the desired options for the purchase of these lands, including the 80 acres they required to be purchased, as a condition to selling the 360 acres desired, exceeded this amount by $3,750. This was not a complance in terms with the contract to pay interest and the writing must stand as embodying the real contract of the parties, unless it is showu xhat it was afterwards changed or modified by their agreement. The burden of making this appear is upon the plaintiffs.
The evidence most favorable to plaintiff's to support their -contention is, as stated by Haynesworth, that “The notes as drawn and offered to us by Adler, did not contain any stipulation for the payment of interest. As soon as I saw this, I declined to receive the notes, telling Mr. Adler it had been understood and agreed that the notes should bear interest. After some conversation on
It is said, when Ormon was departing for Baltimore, to procure an option, be told tbe defendant be was unwilling to go, if be was to be held down to tbe exact sum of $100.00 an acre for tbe 360 acres,- and that tbe defendant told him to go on and do tbe best be could and not let a few dollars, either more or less, stand in tbe way. Tbe plaintiffs at tbe time of this alleged conversation, bad already accepted tbe contract. Adler, by tbe understanding, was to pay tbe expenses of tbe trip, and tbe plaintiffs bad an interest to make tbe effort to procure tbe option, since, if procured and accepted, they were to receive 5 per cent, commissions on tbe amount at winch it Avas obtained and accepted by defendant, and this, defendant guaranteed. •
Thus far wTe have been considering the condition in tbe contract as to procuring tbe option for tbe 360 acres of land at $36,000. As before stated, tbe plaintiffs did not comply with tbe original contract as modified, — to pay interest, — in that defendant did not acquire an option on tbe 300 acres of Hill & Wilson land, but Avas required in purchasing tbe, fee in them, to take and pay for
There is no pretense, that the option on these other lands AA'as procured by plaintiffs. They endeavored to procure, it, but failed, because of an offer at a price they Avere not Avilling to advise defendant to accept and voluntarily left them to. he purchased by defendant, at such price as he chose to pay for them. He aftenvards bought them for $90,000. The evidence Avholly fails to establish any obligation on,defendant to pay interest on account of anything the plaintiffs did in an effort to secure an option on these lands. So, the conditions for paying interest, on the conditions specified, seem to have failed.
We decline to consider other questions raised and discussed, since, under the aúcaa1' Ave take of the case, it is unnecessary to do so.
Affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.