Caraway v. Wallace

2 Ala. 542
CourtSupreme Court of Alabama
DecidedJune 15, 1841
StatusPublished
Cited by6 cases

This text of 2 Ala. 542 (Caraway v. Wallace) is published on Counsel Stack Legal Research, covering Supreme Court of Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Caraway v. Wallace, 2 Ala. 542 (Ala. 1841).

Opinion

ORMOND, J.

— The material questions in this case are—

1. What was the character of the sale of the slaves in controversy, from the plaintiff in error to Wallace — was it an absolute, or conditional, sale ?

2. Are Sayre & Converse bona fide purchasers from Wallace, and as such, entitled to hold the slaves against the supposed title, or lien, of the plaintiff in error.

1. The contract between Wallace and the plaintiff in error for the slaves, was made on the 27th December, 1836 ; and is to the following effect: “Articles of agreement, this day enter[548]*548ed into, by and between G-. E. Caraway and William Wallace, both of the city of Mobile — Witnesseth: that the said Caraway has this day sold to the said Wallace the following twenty-seven negro slaves : Jim, &c., &c.,for the sum of twenty-nine thousand dollars, to be paid as follows: one-half of one-third of said sum in ninety days; one-half of one-third in four months; and the remaining two-thirds in equal payments of one and two years, said payments to be computed from the delivery of said negroes. Said Caraway to deliver said ne-groes by the 15th of January ensuing.

’Signed, W. WALLACE.”

Upon this agreement is an endorsement, dated 14th January, 1S37 : “Received of William Wallace his two notes for five . thousand and sixty-six dollars and sixty-six cents each, at ninety, days and four months, on account of the within contract; the balance to be closed when called on.

Signed, W. WALLACE,

G. E. CARAWAY.”

It is not necessary to enter upon the inquiry, what the rights of the parties were under this contract, if either had refused to perform it; as the slaves were delivered pursuant to its terms. It does not appear from the contract, that it was intended that Wallace should execute his notes for the several instalments of the debt. Such was, however, perhaps the intention of the parties.; as we find that, on the delivery of the slaves within the time stipulated, Wallace executed his notes for the two first payments, and agreed to execute the residue when called on.

This, there can be doubt, was an absolute, unconditional sale of the slaves to Wallace, and vested in him the entire property. It was simply a sale of the slaves on a credit, which was consummated by a delivery, unclogged by any condition, verbal or written; and vested Wallace with the absolute title in the absence of fraud, which is not shown, and does not appear to have existed, as fully as if the entire purchase money had been paid at the time of the purchase. <

It was, however, earnestly contended by the learned counsel for the plaintiff in error, that there was, in effect, a rescission of this contract by the agreement of the parties; and that Wallace agreed to receive the slaves on condition of paying for [549]*549them in the mode prescribed; and that until such payment, ■ the_j title should remain in Caraway. The agreement, from which these consequences are supposed to flow, was made on the 17th February, 1837, and endorsed on the original contract. It is as follows : “It is understood and agreed by the parties to the original contract, that the amount now due said Caraway shall be paid to him within the next month, in Jas. Deas’ note, due July 30th, 1838, for four thousand and thirty-six dollars; his note, due July 30th, 1839, for three thousand two hundred and.ninety-nine dollars and thirty-nine cents; J. B. Lees’ two notes, one due July 30th, 1838, for three thousand nine hundred and fourteen dollars and forty-five cents,' and the other due July 30th, 1839, for four thousand two hundred and twenty-two dollars and two cents; at which time a bill of sale for said negroes, is to be executed to-said Wallace by said Caraway. Signed, W. WALLACE.”

It is perfectly well established, that where there is a condition precedent attached to a sale, either expressly agreed on, or understood from the usage of trade, the title will not pass until the condition is performed, unless there be an express or implied waiver of its performance by the vendor. (Kent’s Com. 1 ed. 391; Haggerty v. Palmer, 6 Johns. C. 437; Lupin v. Marie, 2 Paige 172 ; 1 Paige 312; 17 Mass. 606 ; 4 ib. 405. As to the general principle, there is not, and cannot be, any controversy; but as the question is one of intention, the fact whether the vendor intended to part with the title of his property before the performance of the condition, or whether he intended to rely on the faith and honor of the vendee for its performance, is frequently one of great difficulty.

It is conceded in this case, that a bill ‘of sale was not necessary to perfect the title of Wallace in the slaves ; yet it is contended, that the question being one of intention, any fact which ascertains that intention, no matter how unimportant or unnecessary it may be, will be effectual. Conceding this to be correct, what is the- fact in this case ?

The parties, as we have seen, had, in the first instance!, made a contract, which contemplated the transfer of the prop-' erty absolutely to Wallace; that this contract was executed by a delivery of the slaves. A little more than, one month after-[550]*550wards, a memorandum was endorsed on the contract, the whole object of which appears to have been to change the mode of payment, by substituting the notes of other persons for those of Wallace, within a specific time; and at the close is added, at which time a bill of sale, for the negroes shall be executed. We cannot think these words potent enough to authorize us to infer, that the parties intended thereby to rescind the contract formerly made, and to change its character from an absolute to a conditional sale of the property, even concede ing that such would have been their effect if embodied in the original contract. It must be borne in mind, that the vendor was willing, in the first instance, to invest Wallace with the absolute title, and trust to his ability to pay the purchase money without surety, although the last payment was postponed for two years. That he was in possession of the slaves for more than two months, at any moment during which time, he could have sold them and transferred the title; and that there is no evidence that any reason existed for distrusting the ability of Wallace to pay at this time, which did not exist in January, when the slaves were delivered. In proof of the estimation of Wallace by the mercantile community, as to credit, we find that as late as the 22d and 25th March afterwards, Sayre & Converse advanced to him the sum of twenty-seven thousand dollars on cotton to be afterwards delivered. There is, therefore, no reason shown, why the plaintiff wished to change the character of the contract so as to re-invest him with the title, as must have been done if the contract was changed from an absolute to a conditional one. Nor is it probable that, if such had been the intention, it would have been left to the doubtful interpretation of an ambiguous phrase. The natural course in such a case, if any thing had occurred to alarm the fears of the plaintiff as to the solvency of Wallace, would have been to place the matter beyond doubt, by obtaining from Wallace an explicit declaration to that effect.

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Bluebook (online)
2 Ala. 542, Counsel Stack Legal Research, https://law.counselstack.com/opinion/caraway-v-wallace-ala-1841.