Craddock v. Kaiser

133 S.W.2d 916, 280 Ky. 577, 1939 Ky. LEXIS 169
CourtCourt of Appeals of Kentucky (pre-1976)
DecidedNovember 21, 1939
StatusPublished
Cited by10 cases

This text of 133 S.W.2d 916 (Craddock v. Kaiser) is published on Counsel Stack Legal Research, covering Court of Appeals of Kentucky (pre-1976) primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Craddock v. Kaiser, 133 S.W.2d 916, 280 Ky. 577, 1939 Ky. LEXIS 169 (Ky. 1939).

Opinion

Opinion op the Court by

Creal, Commissioner—

Affirming.

On April 3, 1937, Robert Kaiser and Florence Kaiser, Ms wife, as parties of the first part, and J. E. Craddock, as party of the second part, entered into a written contract whereby in substance it was agreed that the first party would sell and the second party would buy a house and lot located at 733 Western Parkway in Louisville for which the second party agreed to *579 pay the sum of $8,500 by way of assumption of a mortgage of $7,146 on the property in favor of the Federal Housing Administration, making the net cash price $1,354. The first parties agreed to put the house in as good condition as it was prior to the 1937 flood within 30 days which condition was to be satisfactory to the second party. The second party made a cash payment of $250.

The more pertinent portions of the contract read:
“In consideration of which parties of the first part agree to deliver to the party of the second part a general warranty deed to said property when and as the whole of said net purchase price is paid.
“* * * That the party of the second part forthwith in order to make this agreement binding, agrees to pay to the parties of the first part the sum of $250.00 in cash, and the balance of $1104.00 upon the receipt of said deed to said property from the said parties of the first part, and upon the said property being in the condition it was prior to the 1937 flood and satisfactory to the second party.
“In the event the first parties fail to comply with the terms of this agreement, or through no fault of the,second party, the Federal Housing Administration refuses to assent to the assumption of the mortgage in the amount of $7146.00, or that the property has been misrepresented in any respect as to other liens, taxes, etc.; it is understood that the $250.00 payment is to be forthwith returned to the second party and this agreement null and void.”

On May 6, 1937, J. E. Craddock instituted this action against Robert and Florence Kaiser asking for rescission and cancellation of the contract and for judgment for the sum of $250 which he had paid thereunder with interest from April 3, 1937. In his petition he set up the substance of the provisions of the contract and filed same with and as a part of his petition and alleged that he was induced to enter into the contract by representations of the defendants that the property was free from encumbrances except the mortgage in favor of the Federal Housing Administration although the defendants knew it was encumbered by another mortgage executed by defendants on March 19, 1937, in favor of the Disaster Loan Corporation to secure the payment of $1350 with interest and which was wholly unsatisfied; *580 that it was further represented to him by defendants that the payments on the mortgage in favor of the Federal Housing Administration was $60.54 per month including payment on the anticipated assessment for the 1938 state and county taxes, but that the defendants at the time knew that the payments on the mortgage and taxes would be increased after January 1, 1938, to an additional $14 per month and that plaintiff would have to pay an additional tax of $125 on increased assessment of the house on or about January 15, 1938. He further alleged that the house was not in the same condition as it was prior to the 1937 flood and the condition was not satisfactory to him but was wholly unsatisfactory; that the defendants had wholly failed to perform their part of the contract in that respect; that relying on the representations and the agreement of the second parties to place the house in as good condition as it was prior to the 1937 flood within 30 days, he paid the defendants the sum of $250 mentioned in the contract.

By answer and counterclaim defendants in the first paragraph traversed the allegations of the petition and in a second paragraph asked for specific performance of the contract alleging that they had complied with all the terms and conditions thereof.

The affirmative allegations of the pleading were traversed by reply and it was adjudged that plaintiff’s petition be dismissed in its entirety; that defendants be granted the relief sought and that defendants were obligated to deliver to plaintiff a deed which carried a general warranty fee simple title to the property in controversy, but not until plaintiff tendered to them the purchase price as provided in the contract less the amount of the mortgage on the property to the Federal Housing Administration as reduced by payment made thereon by defendants since April 3, 1937, in the sum of $746.60, or $2100.60, less the payment of $250 made by defendant or an actual balance due defendants in the sum of $1850.60 that plaintiff have a period of 30 days from the entry and signing of the judgment to tender such sum of $1850.60 to defendants at which time defendants should deliver to plaintiff a general warranty deed; that defendants have judgment for the sum of $1850.60 and. unless same was paid or tendered by plaintiff before the expiration of 30 days from the entry and signing of the judgment, execution might issue and that defendants recover their costs -and plaintiff is, appealing.

*581 Id is first argued as grounds for reversal that the residence was not restored to as good condition as it was prior to the 1937 flood and was not reasonably satisfactory to appellant. There is evidence for appellant that the house' was built over or near a large sewer that had been constructed many yars before; that where the house stood there was a depression which had been filled in to raise it to the present level; that flood water of 1937 stood over the property for several days and so softened the built-up earth as to cause the house to settle and throw the floor out of level and the walls out of plumb and caused large cracks in the brick veneer walls and as a result the house had not and could not be put in as good condition as it was before the flood. On the other hand the evidence for appellees conduces to show that the footings or foundation walls of the building are on original and solid earth; that the floors and walls of the basement are of concrete reinforced and tied with steel; that there has been no settling or sinking of earth under the building but that the floors are level and the walls plumb; that there is a small or what is described as a hairline crack in one of the brick veneer walls but that it is of no consequence and in no way impairs the building; that the house is in as good if not better condition than it was before the flood and had been placed in such condition before the expiration of the 30 days as provided in’the contract. Mr. Kaiser testified that appellant came over several times while he was working on the house and about a week before May 3, 1937, said he did not want the house but wanted his money back and was going to sue if it was not returned; that, he made no mention of the Disaster Loan Corporation mortgage but said that he could not make the payments in view of the fact that he would have to buy furniture for the house; that at the time he had the property fully repaired and in good shape, and was hanging two Venetian blinds which was all that remained to be done.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Curtis Davis v. Brynn Warnock
Court of Appeals of Kentucky, 2020
Heidi Martin McCain v. Danny Neal McCarty
Court of Appeals of Kentucky, 2020
Heather Lerae Moore v. Eddie Dean Moore
Court of Appeals of Kentucky, 2020
Dale Eugene Mayo v. Annie Maglicyang Mayo
Court of Appeals of Kentucky, 2020
Wells v. Wells
412 S.W.2d 568 (Court of Appeals of Kentucky (pre-1976), 1967)
Jones v. Jones
202 S.W.2d 746 (Court of Appeals of Kentucky (pre-1976), 1947)
Steele v. Perry County
187 S.W.2d 302 (Court of Appeals of Kentucky (pre-1976), 1945)
City of Louisville v. Tway
180 S.W.2d 278 (Court of Appeals of Kentucky (pre-1976), 1944)
Crook v. Feller
163 S.W.2d 476 (Court of Appeals of Kentucky (pre-1976), 1942)

Cite This Page — Counsel Stack

Bluebook (online)
133 S.W.2d 916, 280 Ky. 577, 1939 Ky. LEXIS 169, Counsel Stack Legal Research, https://law.counselstack.com/opinion/craddock-v-kaiser-kyctapphigh-1939.