Eldridge v. Vance

1929 OK 139, 201 P. 570, 138 Okla. 201, 1929 Okla. LEXIS 522
CourtSupreme Court of Oklahoma
DecidedMarch 26, 1929
Docket18995
StatusPublished
Cited by6 cases

This text of 1929 OK 139 (Eldridge v. Vance) is published on Counsel Stack Legal Research, covering Supreme Court of Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Eldridge v. Vance, 1929 OK 139, 201 P. 570, 138 Okla. 201, 1929 Okla. LEXIS 522 (Okla. 1929).

Opinion

BENNETT, C.

The National Bank of Commerce of Shawnee, Okla., defendant in error, agreed by contract in writing dated April 3, 1924, to sell, and C. H. Eldridge, plaintiff in error, agreed to buy, lots 17, IS, and 19, block 18, Choctaw addition to Shawnee, Okla., for the sum of $8,300, payable $1,100 cash, $108 payable each 30 days thereafter and the balance of $6,480 payable May 1, 1925, the deferred payments represented by promissory notes. The initial payment was made, and the possession of the property taken over by the purchaser according to contract.

On April 21, 1926. the bank, through its receiver, brought suit for the recovery of said real estate and. for damages against said Eldridge and others, alleging that default had been made in the payments provided under said contract; that no payments of interest or principal had been made since the execution of the contract; that the taxes and insurance o.n the said property had not been paid; that the property was in great need of repair, and was being allowed to deteriorate by reason of lack of repair and that the improvements would soon become worthless; that the defendant, Eldridge, was insolvent and unable to re *202 spond in damages either to the amount of damage to the property or to cover a large amount of rents which were then being collected and used by said defendant for his own purposes, and not for the maintenance of the property, the payment of purchase price, the payment of taxes, insurance, etc.; that the plaintiff had many times tendered to said defendant a deed and abstract of title to the said Eldridge and demanded that the payments in arrears be made, but that the said Eldridge had wrongfully refused to accept said tender and had continuously refused to make payments on said contract. It was further alleged that the Shawnee National Bank had wrongfully entered into an arrangement with defendant, Eldridge, for the purpose of preventing the performance of said contract with the view of obtaining either for itself or for said Eldridge the rents and proceeds of said property, but without the observance of the terms of the contract under which it was purchased, and that the said bank, in the prosecution of such design, was moved by malice towards the plaintiff and had entered into such arrangement tc oppress and take an • unconscionable advantage of plaintiff, and judgment for damages against the bank was demanded. As to the other defendants, it was alleged that they had or claimed some interest in the subject of the action, the nature of which was not known, but all of which was alleged to be junior and inferior to the rights of plaintiff in the premises.

For the purpose of this appeal, the rights of Eldridge and the receiver of the National Banlii of Commerce alone will be considered, as the other parties have passed out of the suit either by stipulation or judgment, and as to whom no appeal has been prosecuted. The parties will be referred to as plaintiff and defendant in the order in which they appeared in the trial court.

The issues made up between said parties were tried to a jury, whose verdict was for the plaintiff for recovery of said real estate and for $1,000 as damages.

The petition was in the usual form setting out. the facts hereinbefore alleged, and the answer, after making a general denial, admitted the execution of the contract here-inbefore referred to, and in addition alleged that soon thereafter the National Bank of Commerce went into the hands of a receiver, and that, the defendant thereupon made an investigation of the title and discovered that said bank did not own a fee-simple title to the premises, and dually that the defendant had, prior to receivership, a verbal agreement with the said Bank of Commerce to redeliver possession of said property in exchange for the return to defendant of the cash paid on the property and cancellation of defendant’s outstanding notes executed under the contract; and that the plaintiff also had failed and neglected to tender a sufficient deed and abstract covering the property; wherefore defendant prays judgment against plaintiff. From a judgment for plaintiff upon and in accordance with the verdict of the jury, as hereinfore indicated, the defendant appeals and in his brief argues his assignments of error under six propositions as follows:

First. That plaintiff must recover upon the strength of his own title and not upon the weakness of his adversary’s title. This statement of the law is elementary, and with such statement and cases referred to sustaining same, we fully agree; in fact, such authorities could be multiplied almost indefinitely, but, according to our view, they are not applicable here. Defendant agreed to buy the real estate from plaintiff by written contract, and took possession thereunder, made the down payment,- and, in the respective pleadings the contract is set out and relied upon by each of the parties. The-defendant’s answer even tenders back such contract and possession of the property conditioned only upon the return of his down payment and the cancellation of his outstanding notes. So that it would seem that the question of title to the real estate is-not seriously in question here, but only the-question as to- whether or not the defendant has performed his contract, or whether the plaintiff be in default, and especially in view of the fact that there appears attached to plaintiff’s petition copies of muniments of title which upon their face seem to constitute a complete chain of title from the government down to plaintiff, and non-liere-in the proof is the regularity or sufficiency of these documents seriously questioned.

Defendant in his answer sets up that the plaintiff did not secure title to said .real estate until after the bank went into liquidation, and further that plaintiff did not tender a deed and abstract covering said property to defendant. There is evidence that an unrecorded deed — a link in plaintiff’s title — was out of hand, but this seems to-have been properly cured by a final judgment in a suit to quiet title. There is evidence that defendant, Eldridge, saw the abstract at the date of purchase, and never demanded it thereafter; that he was importuned many times to make his payments; *203 there is no substantial proof that his failure to pay was due to any lack of, or any irregularity in, the title; there is no showing that he made an investigation of the title after the title was quieted in plaintiff, and there is evidence likewise that the plaintiff, just before this suit was filed, tendered defendant a title deed and abstract covering the lands in controversy, and the evidence is undisputed that the defendant kept personally or by tenants the possession of, and collected the rentals from, the property in the amount of several thous- and dollars in excess of the amount he actually paid on the purchase price, and that the balance due thereon is about $10,000. The exhibits constituting plaintiff’s title were introduced without dispute, and there is no counter proof on this issue as to title.

From the entire record it seems clear that before the institution of this suit, the plaintiff had and tendered a deed and abstract showing title to this property, and for all of which reasons we hold that there is no merit in defendant’s first proposition.

Second.

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Cite This Page — Counsel Stack

Bluebook (online)
1929 OK 139, 201 P. 570, 138 Okla. 201, 1929 Okla. LEXIS 522, Counsel Stack Legal Research, https://law.counselstack.com/opinion/eldridge-v-vance-okla-1929.