Sears v. Ainsworth
Sears v. Ainsworth
Opinion of the Court
On July 25, 1910, appellee Ainsworth contracted to convey to Calvin *61 Taylor section 9 in block A42, public free school land in Andrews county. The three years’ occupancy thereof required by law would not be completed until the spring of 1912. Appellant Sears conducted the negotiations in behalf of Taylor. It not being at that time convenient for Taylor to settle and reside upon the land, the same was not to be conveyed to him until March 1, 1911, at which time he was to make a cash payment of $500 and execute purchase-money notes to cover a balance of $2,060, divided into four equal installments and payable in one, two, three, and four years after date, with interest. On date Ainsworth made this contract, he conveyed the .land to J. N. Norwood, with whom he arranged that the same should be by him in turn conveyed to Taylor on the date aforesaid. The purchase-money notes to be given by Taylor were to be payable "to order of Norwood, and the cash payment of $500 was to be paid to Ainsworth. To guarantee the performance by Taylor of his contract of purchase, Sears executed a note for $500 in appellee’s favor, due March 1, 1911, and placed same in escrow, to be delivered to Ainsworth for collection in event Taylor failed on said date to comply with his contract of purchase. On March 1, 1911, Ainsworth and Norwood were in the county seat of An^ drews cojirity, ready, willing, and able to comply with aforesaid contract; but Taylor was not present and did not offer to comply with his contract and make settlement upon the land until the summer of 1911. Some time during the month of March, 1911, and several times subsequent thereto, Sears requested ap-pellee to have Norwood convey the land to him or to some one whom he (Sears) would designate. This appellee refused to do. It seems that Taylor’s reason for not settling upon the land on March 1, 1911, and otherwise complying with his contract of purchase was due to illness which incapacitated him from so doing. Not until July, 1911, did he come to Andrews county and offer to comply with his purchase and make settlement upon the land.
This suit is by Ainsworth against Sears upon the $500 note aforesaid given to guarantee the performance by Taylor of his contract. The case was tried before the court and judgment rendered in favor of Ainsworth. Findings of fact and conclusions of law were filed by the trial court. The ' court found that the physical disability of Taylor continued not later than May 1, 1911; that Ainsworth refused to comply with the request .of Sears for conveyance made during March, 1911, because “Taylor had failed to comply with his part of said contract, and for the further reasons that the conditions then affecting said Ainsworth and said Nor-wood were such that no transfer could then be made for reasons over which said Ains-worth had no control, and said forfeit money note had thereby been forfeited to plaintiff on March 1, 1911.” The court also found time was of the essence of Taylor’s contract to purchase on March 1, 1911, and that, the amount of the note sued upon given by Sears to guarantee performance by Taylor became a liquidated and enforceable demand upon Taylor’s breach.
The second assignment is predicated upon the premise that time was not of the essence of the contract. The trial court made an adverse finding as to .tbis issue, and there is evidence to support it as shown above. The assignment must be overruled, since it rests -upon a false premise.
Affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.