Meanor v. M'Kowan
Meanor v. M'Kowan
Opinion of the Court
The opinion of the Court was delivered by
— It is impossible to consider the agreement of the 25th of February 1818, as anything else than a final adjustment of the disputes between the grandfather and the son-in-law, on certain terms which both were interested in effecting; that is to say, that the whole property should be vested in the grandchildren. The release of a claim is a sufficient consideration for a compromise, and that there were claims by both these parties is abundantly proved. But it is said the agreement contains a condition which has not been performed, the grandfather dying without executing a deed. I am of opinion that this agreement was not conditional but absolute; that it bound both parties, and that neither could afterwards rescind it. The intent of the parties to close all disputes is plain, from the nature of the stipulations, as
We think also, that the court below ought to have charged the jury, that the estate was vested in the grantees in a deed executed by Rugh’s administrators, in pursuance of the decree of the Court of Common Pleas. The first section of the Act of 31st of March 1792, expressly declares the decree shall have that effect. It is said the Court of Common Pleas had not jurisdiction because it was not a sale. But this is a misconception of the Act. The Act applies to every contract made on a valuable consideration, whether for money or otherwise: and this distinction is expressly recognised in Haggerty’s Case (4 Watts 305), which was held to be out of the jurisdiction of the court on petition, because it was a case of a parol gift to a son, and not the case of a contract for a valuable consideration. The release of claims in the present instance was a valuable consideration for the settlement made on the grandchildren.
Judgment affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.