Bogard v. Kennedy
Bogard v. Kennedy
Opinion of the Court
delivered the opinion of the court.
The contract seems to assume that the Hunt Brothers’ farm had already been purchased and the title taken in the name of J. B. Kennedy. It provides the manner of the division of the proceeds of sales thereof in the following manner, namely: (1) To Ackley, his commissions; (2) to J. B. Kennedy $7,530; (3) to Z. T. Bogard, all sums in excess of the above-men
Plaintiff further contends that defendant J. B. Kennedy should account to him for the land at some value greater than what was actually received by him, hut there is no charge in the complaint that the sales were made in fraud of the agreement or for less than $100 per acre — only that defendant had sold and collected thereon to the amount of the $10,000, and asking for an accounting- — so that all plaintiff can claim now is an accounting for the proceeds of sales actually made. Messrs. Carson & Brown wrote to plaintiff on the 20th day of June, 1911, calling attention to the fact that the land could not be sold at the price advertised, as the market had gone down, and asking plaintiff for suggestions, or to furnish a buyer who would pay a better price than was available to defendant. The evidence shows that the tracts could not be sold at the prices placed on them because there was no demand therefor. Plaintiff did not reply to the above-mentioned letter. The condition of the account is as follows : Amount received as the proceeds from sales of
Therefore the decree of the trial court will be modified, and a decree entered here requiring plaintiff, within 30 days, to cancel and release the mortgage on the land in Tillamook County, executed by J. N. Kennedy and wife to the plaintiff on the 25th day of September, 1907, covering the south half of the northeast quarter of section 8, township 3 north, range 10 west, Willamette meridian; and, in case plaintiff neglects so to do within the said 30 days, the decree in this case shall operate as and stand for a release and satisfaction of said mortgage; that plaintiff have judgment against the defendant J. B. Kennedy in the sum of $446, now due on this accounting, without prejudice to such suit or action as may hereafter he found necessary in this transaction. Neither party shall recover costs. Modified.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.