Diamond State Iron Co. v. Husbands

8 Del. Ch. 205
CourtCourt of Chancery of Delaware
DecidedMarch 15, 1898
StatusPublished
Cited by15 cases

This text of 8 Del. Ch. 205 (Diamond State Iron Co. v. Husbands) is published on Counsel Stack Legal Research, covering Court of Chancery of Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Diamond State Iron Co. v. Husbands, 8 Del. Ch. 205 (Del. Ct. App. 1898).

Opinion

The Chancellor:—

The bill filed in this cause prays for the specific performance of an agreement in writing entered into on the 24th day of February, 1897, by the complainant, the Diamond State Iron Company, and the respondent, Thomas L. Husbands. [214]*214By this article of agreement the complainant agreed by good and lawful deed or deeds to convey unto the respondent, on or before March 6, 1897, a lot of land in the city of Wilmington at the corner of Lobdell and Heald Streets, in fee simple and clear of incumbrances, for the consideration of twelve hundred dollars, the respondent agreeing that upon the delivery of such deed or deeds he would secure to the complainant the payment of said consideration of twelve hundred dollars by a bond and mortgage payable, with interest, on or before the expiration of three years from the date of the deed, with the condition that the principal and interest should become due in sixty days after any defalcation in the payment of interest; possession to pass upon delivery of the deed.

A deed was executed and tendered by the complainant in accordance with the terms of the agreement, but the respondent declined to accept it and to execute and deliver the said bond and mortgage, returning said deed with a letter from his counsel, Benjamin Nields, Esq., to the effect that he had advised the respondent “that the said deed tendered as aforesaid, does not and would not well and sufficiently grant, convey and assure the said property to him in fee simple.”

The respondent filed an answer admitting all the facts as above stated, but denying that the complainant had a good and sufficient title in fee simple, and alleged as follows in his answer:

‘‘ XI. And the respondent further says that said lot, piece or parcel of land in paragraph 3 of said Bill of Complaint mentioned, is part of a larger piece or parcel of land, conveyed by the Lobdell Car Wheel Company to said complainant, by deed dated July 20th, A. D. 1883, and recorded in the office of the Recorder of Deeds at Wilmington, in Deed Record R, vol. 12, page 424, &c. That said larger tract of land was conveyed to the said Lobdell Car Wheel Company under the corporate name of The Lobdell Car Wheel, Tire and Machine Company, by Benjamin F. Townsend and wife, by deed dated November 23rd, A. D. 1868, and recorded in the office as aforesaid in Deed Record Y, vol. 8, page 146, See.

[215]*215“That the said The Lobdell Car Wheel, Tire and Machine Company was incorporated by Act of the General Assembly of the State of Delaware, passed March 7, A. D. 1867. l^That said Act was a private act, was not of a public nature or published as such and that the same was not recorded in the Recorder’s Office in one of the Counties of this State, within twelve months after the passage thereof, and said act, therefore, became and was void at the time of the conveyance of the said tract of land to it by the said Benjamin F. Townsend and wife, as aforesaid.

“XII. And said respondent further says that the said Diamond State Iron Company, the complainant, was incorporated by an Act of the General Assembly of the said State of Delaware, passed March 7th, A. D. 1865, to continue in force for twenty years; that said incorporation was not for public improvement and that the same was not re-enacted at any time within twenty years after the passage thereof, and that said act expired by act of limitation March 6, A. D. 1885, and said corporation thereby then became and -was from thenceforth dissolved. That by the laws of this State all of the estate, right, title and interest of said Complainant in and to the said lot, piece or parcel of land in paragraph 3 of said Bill of Complaint mentioned, upon the dissolution of said corporation reverted to and became vested in the said grantor thereof, viz. The Lobdell Car Wheel Company, its. successors or assigns.

“XIII. And said respondent respectfully submits that by reason of the failure of the said The Lobdell Car Wheel, Tire and Machine Company to record its charter in one of the Counties of this State within twelve months after the passage of the act incorporating the same, and because of the expiration of the Charter of the said Complainant on the Sixth day of March, A. D. 1885, as above set forth, the said complainant was not on the said 24th day of February, A. D. 1897, seized in fee simple of said lot, piece or parcel of land, and was not then and is not capable in law of well and sufficiently granting, conveying and assuring unto the respondent the said lot, piece or parcel of land in fee simple, clear of all incumbrance and all [216]*216manner of liens whatsoever according to its covenants in that behalf in said agreement set forth.” >

Two remedial or curative statutes are cited by counsel for the complainant, which they claim were enacted for the purpose of saving the Lob dell Car Wheel Company and the Diamond State Iron Company, respectively, from the legal consequences of the neglect fully set forth and described in the respondent’s answer, as above quoted, and, therefore, have removed from the property in dispute any alleged cloud upon the title,

The first statute cited, the one applying to the Lobdell Car Wheel Company, was passed February 4, 1869, Laws of Delaware, Vol. 13, page 356, and is as follows:

“An Act' to Revive and Extend the Time for Recording Private Acts.
“Whereas by Chapter 4, Section 3 of the Revised Statutes of the State of Delaware, it is provided that private statutes (namely ‘such as are not of a public nature, or published as such’) shall be recorded in the Recorder’s office in one of the counties of this State within twelve months after their passage, or they shall be void;
“And Whereas by Chapter 1, Section 2 of Volume 13, Part 1, it is provided ‘that the Secretary of State be and he is hereby directed to exclude from the publication of the laws of this State all acts of incorporation, and other acts of a private nature, unless such acts contain a provision directing their publication;’
“And Whereas a number of private and unpublished acts heretofore passed have inadvertently been allowed to become void through ignorance of the aforesaid enactments;
“Therefore, for the purpose of relieving the parties interested of the embarrassments and disappointments arising from unintentional neglect in the premises,
“Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met,
“ Section 1. That all unpublished acts heretofore passed, and that have become void on account of not being duly recorded in compliance with the provisions aforesaid, be and the same are hereby severally revived and re-enacted, and, together with the provisions therein •contained, are respectively declared to be in full force; and all acts and transactions done and performed under the provisions of said acts respectively shall have the same force and effect, and be as valid to all intents and purposes as if the'said acts had been severally recorded according to law; Provided, That this enactment shall not take effect [217]*217in the case of any act that has become void as aforesaid until a certified copy thereof, procured of the Secretary of State, shall be duly recorded in the Recorder’s office of one of the counties of this State; And provided further,

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Cite This Page — Counsel Stack

Bluebook (online)
8 Del. Ch. 205, Counsel Stack Legal Research, https://law.counselstack.com/opinion/diamond-state-iron-co-v-husbands-delch-1898.