Starcher Bros. v. Duty
Starcher Bros. v. Duty
Opinion of the Court
This case is ruled by the same principles and is controlled by substantially the samé state of facts as are involved in the case of the same plaintiffs against Jeff Duty and others, decided at the present term of Court. The suit is by the. same plaintiffs against J. F. Duty and others, brought to specifically execute an option contract for the purchase of a tract of land belonging to J. F. Duty in Lincoln county, containing 200 acres, and was made and partially executed on the same day the plaintiffs made their contract with Jeff Duty, a brother of J. F. Duty.
The evidence shows that the contract was prepared by one Bee, upon printed blanks provided by the plaintiffs. It was first signed by Clarinda, the wife of J. F. Duty, but with the understanding that it was not to be delivered until the contract was seen by and read to her husband, J. F. Duty. J. F. Duty' and his brother, Jeff Duty, were together when they agreed
The plaintiffs did not elect to take the land within the first year nor within the second year after its date. They paid to J. F. Duty the stipulated sum on or about the 5th day of April, 1903, in order to extend the contract for the period of another year; and on or before the 5th day of April, 1904, they deposited to Duty’s credit in the Huntington National Bank the stipulated sum for the purpose of extending the contract for the period of another year, but Duty refused to accept this money, claiming that the option had expired on the 5th day of April, 1904. The plaintiffs in their bill in this case, notwithstanding the modification made in the contract by striking out the words “from year to year,” claim that the effect of the contract as modified and executed was to give them, their heirs, assigns, executors and administrators the right of annual renewals for an indefinite period, and, having made payment into bank prior to April, 1904, the contract was thereby extended to April 5, 1905, and, having given notice to J. F.' Duty in March, 1905, of their purpose to take the land under the terms of the contract, they are entitled to specific execution thereof.
In our opinion, the provision of the contract in this case as so modified, that the optionees (said Starcher Bros.) “may have thi.s option and agreement extended upon the payment of said sum annually as aforesaid,” and which .provision of the contract is made to extend and apply to the heirs, assigns, executors and administrators of both parties thereto, gives to the optionees a present right to an interest in the land which may arise at a period beyond the legal limit, so as to bring it within the Buie against Perpetuities, and'that the contract is therefore void and unenforceable. This case is in other respects controlled by the same principles announced in the case of Starcher-Bros, against Jeff Duty and others, above referred to.
We therefore affirm the judgment of the court below, with costs to the appellees.
Affirmed.
Reference
- Full Case Name
- Starcher Bros. v. J. F. Duty
- Cited By
- 2 cases
- Status
- Published