Davidson Hardware Co. v. Delker Bros. Buggy

Supreme Court of North Carolina
Davidson Hardware Co. v. Delker Bros. Buggy, 86 S.E. 958 (N.C. 1915)
170 N.C. 298; 1915 N.C. LEXIS 388
Walker

Davidson Hardware Co. v. Delker Bros. Buggy

Opinion of the Court

Walker, J.,

after stating the case: The question as to the damages recoverable was settled when the case was here before, and it is not again raised by the defendant. There is evidence in this record tending to show that defendant’s failure to ship the buggies was not due to any information it had received unfavorable to the plaintiff’s financial credit, if it had received the information at all. The particular stipulation is that “information affecting unfavorably the credit of the purchaser (plaintiff) shall give the seller (defendant) the right to cancel after acceptance.” This, of course, means after acceptance of the order when the bargain had been struck, and it, further, evidently means that this right of cancellation shall be exercised before the time for performing the contract or delivering the buggies has arrived. It surely could not mean, or, at least, that was not the intention of the parties, that the. ■option to cancel could be exercised at any time, or indefinitely, but it was the understanding and meaning of both parties that if, from information received by the seller, he should be made to suspect or doubt the financial responsibility of the buyer, he could revoke his acceptance of the order, with this clearly implied provision that this must be done within a reasonable time, which plaintiff contends must be before the day of performance has come and gone, and accompanied by notice to the buyer that he had rescinded it, so that he might make other arrangements to supply himself with buggies, as otherwise he might be greatly prejudiced. It is further contended that this must especially be true as to contracts of this kind, where the buggies were bought for delivery at a specified time, in order to get the advantage of the season, when the trade, or the opportunity to sell them again and realize the profit would be at its best. For this contention, the plaintiff’s counsel relied on this passage from 35 Cyc., p. 150: “The seller must rescind, if at all, within a reasonable time after acquiring knowledge of the facts justifying rescission. Whether the seller has exercised this right reasonably is generally a mixed question of law and fact to be submitted to the jury, but if the delay is for such period as to be unquestionably without cause, the court may so declare as a matter of law.” But we need not decide whether, as a matter of law, the defendant was too late in exercising the right of rescission, as the question was submitted to the jury in another view, and they were directed to find whether the option *301 to rescind bad been exercised by tbe defendant because of tbe existence-of tbe cause or ground wbicb entitled it to cancel tbe contract; not alone-whether tbe latter bad received information damaging to plaintiff’s credit, but whether, having received it, it acted upon it or was influenced by it in making tbe rescission, or by some other groundless cause. Under full and correct instructions, tbe jury have found this issue against the defendant. Tbe issues were proper in form and substance, and enabled defendant to present its defense, as stated in the answer, in every aspect, and when this is tbe case they are sufficiently comprehensive. Tuttle v. Tuttle, 146 N. C., 484; Lloyd v. Venable, 168 N. C., 531; Barefoot v. Lee, ibid., 89; Zollicofer v. Zollicoffer, ibid., 326.

The fourth assignment of error is not in the required form, as it does not, in itself, point out tbe error so that we can see on its face what the-particular error is. Errors cannot be assigned by merely referring to exceptions by number, without stating in any way their nature. Barringer v. Deal, 164 N. C., 246; Spruce Co. v. Hunnicutt, 166 N. C., 202. But there is no merit in'the assignment, as there was evidence to sustain the finding of the jury. The motion to nonsuit was properly overruled for tbe same reason, as there was evidence to support the-verdict. Tbe special provision in the contract, that tbe defendant might cancel it at its election when it had received information impeaching-the plaintiff’s financial credit, can he construed, we think, to mean but one thing, which is that the. information must be the cause of defendant’s rescission of the contract, or must have induced such action on his part. The court was therefore right in amending the issue which was tendered by the defendant, as it did, for it was clearly not intended that the receipt of such information alone should automatically rescind the contract, but that it should be a ground for its avoidance if the-defendant was influenced thereby to exercise the option granted by its-terms.

The case was properly tried and there is no reason for a reversal.

No error.

Reference

Full Case Name
Davidson Hardware Company v. Delker Brothers Buggy Company.
Cited By
4 cases
Status
Published