Nichols v. Cities Service Oil Co.
Nichols v. Cities Service Oil Co.
Opinion of the Court
The plaintiffs, in the District Court, sought a declaratory judgment and specific performance of a lease agreement. They had not complied with a condition precedent to the obligation of the lessee, but the theory of the complaint is that performance of the condition within the time specified had been waived by the lessee; that the lessee, by its conduct, was estopped to assert non-performance, and, under the doctrine of election, had conclusively elected, after condition broken, to treat the agreement as a present and continuing obligation of the parties. Motion for summary judgment was granted for the defendants.
Application of the doctrines of waiver, estoppel, and election requires a precise appraisal of the knowledge and situation of the parties at the times they acted. If such details are sufficiently
Reversed and remanded for further proceedings.
Reference
- Full Case Name
- David M. NICHOLS and Olive J. Nichols, Aurora Federal Savings & Loan Association, and Pennick Corporation v. CITIES SERVICE OIL COMPANY, a Pennsylvania Corporation
- Cited By
- 3 cases
- Status
- Published