Curran v. Texas Land & Mortgage Co.

60 S.W. 466, 24 Tex. Civ. App. 499, 1900 Tex. App. LEXIS 226
CourtCourt of Appeals of Texas
DecidedNovember 14, 1900
StatusPublished
Cited by10 cases

This text of 60 S.W. 466 (Curran v. Texas Land & Mortgage Co.) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Curran v. Texas Land & Mortgage Co., 60 S.W. 466, 24 Tex. Civ. App. 499, 1900 Tex. App. LEXIS 226 (Tex. Ct. App. 1900).

Opinion

TEMPLETOH, Associate Justice.

This suit, which is an action in the ordinary form of trespass to try title, was brought by the appellee, the Texas Land and Mortgage Company, Limited, against the heirs of Patrick Curran, deceased, and the administratrix of his estate, to re *500 cover certain lots situated in the city of Dallas. The case was tried by the court without the intervention of a jury, and judgment was rendered in favor of the appellee, from which judgment the administratrix alone has appealed.

The lands in controversy were owned by the appellee, and on January 19, 1897, it conveyed the same to Patrick Curran in consideration of the sum of $300.68 cash, and a note for $33,500, due January!, 1900. The note bore interest from January 1, 1897, the interest being payable semiannually on the first days of January and July of each year, and it was provided in -the note that the failure to pay any installment of interest when the same became due should, at the election of the holder thereof, at once mature the note. The vendor’s lien was retained both in the deed and note, and a deed of trust, covering the lots in controversy and providing for a trustee with power of sale, was executed contemporaneously with the deed and note to further secure the note. In the deed of trust Curran covenanted and bound himself to pay all taxes which might become due on said lands, and agreed that the failure to keep any covenant contained therein should, at the election of the holder of the note, at once mature the same.

Curran took possession of the property and paid all installments of interest as the same matured, up to the time of his death, which occurred on July 35, 1898. He also paid $900 on the principal of the note on January 1, 1898, and paid all taxes which accrued prior to his death.

Curran died intestate, and his widow was legally appointed administratrix of his estate and duly qualified as such on October 3, 1898. She at once took possession of the property belonging to the estate and inventoried the same, including the lands in controversy. The administration is still pending.

Curran was a single man at the time he made the contract with the appellee for the purchase of the said lots. He was married to the appellant on May 34, 1897. Ho property was accumulated after the marriage and before Curran’s death, all the community earnings going to pay living expenses. At the time of his death Curran owned a lot of saloon goods and fixtures and hotel furniture worth about $1000, and some household and kitchen furniture worth about $100, all of which was his separate property. He owned no other property except his interest in the lands in controversy. He owed $700 or $800, besides the note given for the land. On December 3, 1898, the household and kitchen furniture was set apart to Mrs. Curran as property exempt from'administration, and on December 9, 1898, the remainder of the personal property belonging to the estate was also set apart to her in lieu of exemptions. These orders were made on her application. This left nothing to be administered upon except Curran’s interest in the lands sued for. The land is now worth $30,000, an amount considerably less than the sum owing on the note.

Since Curran’s death nothing has been paid on the principal or interest of the note, and the appellee has paid all taxes due on the said lands as the same matured. When the semiannual installment of inter *501 est fell due on January 1, 1899, the appellee notified the administratrix of the maturity thereof. She did not pay or offer to pay the same or any part thereof, and the appellee elected to declare the note due and to rescind the contract for the sale of the land, and, after notifying the administratrix of the election and rescission, brought this suit in the District Court to recover the land. The appellee then owned and held" the note, but has never presented the same for approval and allowance as a claim against the estate.

The appellant, by appropriate pleas in which the above stated facts are alleged, questioned the jurisdiction of the District Court, and denied the right of the appellee to rescind the contract and recover the land.

It is well enough, perhaps, to state some of the general rules of law applicable to contracts like the one under consideration. When, on the sale of land, the whole or part of the purchase money is not paid, and the vendor’s lien is retained in the deed, or in the notes given for the deferred payments, title does not vest in the vendee, and the contract is executory. In such case, the superior title remains in the vendor and only passes to the vendee upon compliance by him with the terms of the contract. If the vendor does all that is required of him by the contract,, and the vendee makes default, the former may rescind the contract and recover the land. When the right of rescission .exists, the vendor has a choice of remedies.; he may abandon the contract and recover the land, or he may affirm the contract and have judgment for his debt with a foreclosure of the vendor’s lien. The authorities bearing on these-propositions are too numerous to be cited. Beginning with the case of Browning v. Estes, 3 Texas, 463, and ending with the case of Trust Company v. Beckley, 93 Texas, 267, they may he found in nearly all the volumes of our Reports. The last case decided by this court on the question is that of Efron v. Burgower, 57 Southwestern Reporter, 306. The cases of McIlvain v. Allen, 58 Texas, 383; Land Company v. Boon, 73 Texas, 548, and White v. Cole, 87 Texas, 500, may be cited as being particularly pertinent. In this case only a small part of the purchase money was paid, a note was given for the deferred payment, and the vendor’s lien was retained both in the deed and note. The superior title, therefore, remained in the mortgage company, and as the contract has not been complied with by the vendee or by his heirs or legal representatives, it is still in the company. The rights of the company under the contract were not affected or destroyed by the death of Curran. The estate took merely the interest of Curran under the contract, and held the same subject to all the terms and conditions of the contract.' The death of Curran did not have the effect to take from the company the superior-title and vest it in the estate. Browning v. Estes, 3 Texas, 463; Estes v. Browning, 11 Texas, 237; Jacks v. Ivory, 30 S. W. Rep., 716; Herman v. Geisecke, 33 S. W. Rep., 1009; Loan Co. v. Willis, 47 S. W. Rep., 389".

As the superior title of the company was not affected or destroyed by Curran’s death, its right to reclaim the land depended only on a default. The interest matured at the time specified in the contract, regardless of Curran’s death, and the failure to pay the interest according to *502 the terms of the contract was a breach thereof and constituted a default. The appellee’s remedy by rescission thereupon became effective, and could only be defeated by the estate paying the note, or showing a state of facts which would make a rescission inequitable. The estate has not paid or offered to pay the balance due on the note, and is in such condition that it can never do so.

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

Related

Lusk v. Mintz
625 S.W.2d 774 (Court of Appeals of Texas, 1981)
Hudson v. Norwood
147 S.W.2d 826 (Court of Appeals of Texas, 1941)
Permian Oil Co. v. Smith
73 S.W.2d 490 (Texas Supreme Court, 1937)
Ezell v. Fowler
20 S.W.2d 1097 (Court of Appeals of Texas, 1929)
Johnson v. First Nat. Bank of Marlin
198 S.W. 990 (Court of Appeals of Texas, 1917)
Corbett v. Allman
189 S.W. 91 (Court of Appeals of Texas, 1916)
Stratton v. Westchester Fire Ins. Co. of New York
182 S.W. 4 (Court of Appeals of Texas, 1915)
Bridger v. Exchange Bank
56 S.E. 97 (Supreme Court of Georgia, 1906)

Cite This Page — Counsel Stack

Bluebook (online)
60 S.W. 466, 24 Tex. Civ. App. 499, 1900 Tex. App. LEXIS 226, Counsel Stack Legal Research, https://law.counselstack.com/opinion/curran-v-texas-land-mortgage-co-texapp-1900.