Horton v. Thom

Indiana Supreme Court
Horton v. Thom, 32 Ind. 151 (Ind. 1869)
Gregory

Horton v. Thom

Opinion of the Court

Gregory, J.

Suit by Horton against Thom on an exeeuv tory agreement for the conveyance of land.

The complaint avers, that Thom has been in the possession of the land since the- date of the' contract;: the nonpayment of one hundred dollars of the advance payment;, the non-payment of' the entire residue of' the’ purchase-money;. that the annual rents are of the value of three hundred dollars;- and that the defendants insolvent.. Prayer for rescission of the- contract;' for fifteen hundred dollars damages;: that defendant’s interest in the-land be sold;' that the purchaser be put into, possession; and for general relief A demurrer to the complaint was sustained, and this, presents the- question'in the case.

The agreement sued on stipulates, that Horton, in eon*152sideration of three hundred dollars then paid, and the further sum of two thousand eight hundred and thirty-four dollars, “ to be paid in one, two, and three years,” agreed to convey to Thom, by warranty deed, the land, describing it; that Thom should pay the purchase-money with ten per cent, interest; that Iiorton should convey on full payment being made; that if Thom failed to pay the full amount at the expiration of the three years, then Horton was to pay back to him all the money he had paid, with ten per cent, interest from the date of payment, Horton having the right to retain an amount sufficient to pay him the reasonable rents for, and taxes on, the land, and one hundred dollars in addition thereto. There is a stipulation in the agreement that if Thom fails to pay a sum sufficient to meet the rents and taxes, then Horton is to have a lien on the crops for that amount.

G. JE. Walker and W. S. Boberts, for appellant. M B. Wilson and «7 77 Wilson, for appellee,

Ve hold the true construction of this agreement to be, that the plaintiff is entitled to the advance payment of the three hundred dollars, and to the further annual payment of a sum sufficient to cover the rents and taxes, with a lien on the crops therefor. A failure to pay any of these sums entitles the plaintiff to sue. The .enforcement of the lien is not the plaintiff’s only remedy. No demand was necessary for the1 one hundred dollars. It was due, and the suit is a sufficient demand. The .complaint shows a good cause of action for the one hundred dollars, and a further sum sufficient to cover the rents. It was no cause of demui’rer that the plaintiff asked for more than he was entitled to. The court erred in .sustaining the demurrer to the complaint.

Judgment reversed, with costs; cause remanded, with directions to overrule the demurrer to the complaint, and for further proceedings.

Reference

Status
Published