Ackley & Co. v. Hunter, Benn & Co.
Ackley & Co. v. Hunter, Benn & Co.
Opinion of the Court
According to our understanding of the record only one question is presented for review.
It is manifest from the quoted recitals of the conveyance that the grantor covenanted its seisin at the date of the conveyance and also for quiet enjoyment by the grantees (Yan. Slyck v. Kimball, 8 Johns. [N. Y.] 189), and that the sale was by the acre, and not in gross— which latter proposition Ave Avill deal with more extendedly later on. The cross-bill' shows that at the date of the conveyance 380 acres of the land were in the adverse possession of third persons claiming to own same, and
As said, the sale was by the acre, and not in gross; and the correct measure of damages in such case is the purchase price per acre as stated in the conveyance. And this is true, whether the stumpage is or is not of the same quality or value per acre. — Conklin v. Hancock, 67 Ohio St. 455, 66 N. E. 518; Welch v. Browning, 115 Iowa, 690, 87 N. W. 431; Haynie v. American Trust Investment Co., (Tenn. Ch. App.) 39 S. W. 865; 11 Cyc. p. 1173; 29 Ency. Law (2d Ed.) p. 641.
The other, provision of the contract, found in the clause éxpressing the consideration for the sale of the timber, relates only to the mode of payment of the purchase price, and does not in any wise make the sale in gross, instead of by the acre. Nor does section 7 of the contract, which specifically fixes the damages in the event that certain portions of the land should turn out to belong to the grantees at the time of its making, militate against the conclusion reached. The parties having-agreed upon a fixed and uniform price, towit, $9 per acre, they are bound thereby.
The decree sustaining the demurrer to the cross-bill is reversed, and one will be here rendered overruling it.
Reversed and rendered.
Reference
- Full Case Name
- Ackley & Co. v. Hunter, Benn & Co. Company
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- Published