Brace v. Doble
Brace v. Doble
Opinion of the Court
In October, 1889, appellant and respondents' entered into an agreement in writing, as follows: “This contract, made and entered into this 5th. day of October, 1889, by and between Percival H. Edmison and Geo- H. Brace, both of Sioux Falls, Dakota, of the first part, and William H. Doble, of Quincy, Norfolk county, Massachusetts, party of the second part, witnesseth, that for and in consideration of the sum of thirty thousand dollars, paid and to be paid to the parties of the first part by the said party of the second part, to wit, one thousand dollars at the date hereof, and the further sum of twelve thousand' five hundred dollars on the 5th day of October, 1891, also the further sum of four thousand dollars when a good and sufficient warranty, deed is given to the party of the second part by the parties of.the first part to the following described land, known and described as being the southeast quarter of section four, township one hundred and one, range forty-nine, according to the government survey thereof, excepting therefrom sixty acres heretofore deeded, it being the intention of the parties of the first part to deed one hundred acres of the above described land; it is understood by the parties hereto that a deed may be delivered at any time after October 15th, 1889, but must be delivered before November 15th. 1889. When deed is delivered to party of the second part he shall immediately execute and deliver to said first parties a good and sufficient mortgage upon the property transferred, to • secure the Sum of twenty-five thousand dollars, bearing interest at the rate of six per cent, per annum, payable annually. • It., is understood that the above-described property is now free from all incumbrances, except the taxes for the year 1889, which said party of the second part assumes and agrees to pay. It is also understood by the parties hereto that the party of the second part may at any time pay mortgage before maturity.” Afterwardsrespondents brought this action to compel performance by appellant, 'alleging in the complaint that appellant had paid $5,000 of the consideration named; but refused further to perform, and alleging tender of performance on their part, and concluding with-the following prayer: "Wherefore the plaintiffs demand judgment (1) that the defendant perform said agreement, and pay to
There seems to be no dispute about the facts, which appear to be about as follows: Soon after the making of the contract, respondents executed a deed of the premises, and also filled out a mortgage and four promissory notes, — two for $6,250 each, due October 5,1890, and two for $6,250 each, due October 5,1891, — and sent them to the Granite National Bank of Quincy, Mass., to have the mortgage executed, and to deliver the deed on the execution of the mortgage. These papers, deed, notes, and mortgage were' evidently all subsequently returned to respondents by the Quincy bank, but when, why, or under what circumstances, is not particularly shown. The notes, when so returned, were unsigned; the mortgage was signed by appellant, and witnessed by one witness, but not acknowledged. Bespondents both testify that in the
The rights and dirties of these parties spring from and must be measured by the contract. By it, did appellant promise to pay the entire consideration, or was he only to pay $5,000, and then give a mortgage for $25,000, so that respondents could not pursue him personally, and compel him to pay,- but, in the event of his nonpayment, could look only to the land? While the contract is not so explicit in this respect as it ought to have been, I think it must be-taken to be an undertaking by appellant to pay the entire consideration named for it, except the $1.000 paid down was “to be paid to parties of the first part by the said party of the second
If the evidence stopped here, respondents’ case would certainly fail, for they had not put themselves in' positron to require a mortgage, because they-had hot performed, or offered to perform, the condition precedent thereto; but the uncontradicted' evidence -of
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- 1. Appellant and respondent^ entered into a written contract for the purchase and sale of real estate therein described, by which, after certain cash payments had been made by appellant, he should, on receipt of a, deed of the premises from respondents, execute and deliver to them a. good and sufficient mortgage on such premises to secure the balance oí the purchase money, the. contract being silent as to the giving of any notes, bond, or other evidence of the indebtedness in place of the contract undertaking to pay. Afterwards respondents sent a warranty deed of the premises, duly executed by them, together with four negotiable promissory notes, made payable at a particular bank, corresponding in amount and times of payment with the terms of the contract, and a mortgage to secure such notes, to a' bank in Massachusetts, where appellant resided, with instructions to such bank to deliver the deed to appellant upon his execution of the four promissory notes and mortgage. Bold, that such offer, made to appellant, did not constitute a tender of the deed, for it was subject to the condition that appellant should sign these notes, which, under the contract, he was under no obligation to sign, and execute a mortgage to secure such notes. 2. Such mortgage, expressly reciting that it was made to secure the four promissory notes referred to, was imperfect without the notes, and so to execute such mortgage, refusing, to sign .the notes, was not the execution of a good and sufficient mortgage, as contemplated and provided for in the contract. 3. The undisputed evidence showing that appellant had expressly refused to perform on his part, and had so notified respondents, they were excused from their obligation to tender such deed. 4. The unqualified refusal of appellant to perform, together with respondents' readiness and willingness, put respondents in the same position as to their remedy as though they had offered appellant a deed, and he had then refused to perform. 5. Where the facts showed respondents entitled to a decree requiring appellant to execute and deliver a mortgage, but it also appeared that one installment so to be secured was already past due, and the balance nearly due, it was competent for the court to consider as done ’ what ought to have been done, and decree the amount for which such mortgage should have been given to be a lien on the premsies, and to direct a sale of the same for the payment thereof, as might and should have been done if the mortgage had been given. (Syllabus by the. Court.