Georgacopulos v. Hruby

147 N.E. 376, 316 Ill. 439
CourtIllinois Supreme Court
DecidedApril 24, 1925
DocketNo. 15659. Decree affirmed.
StatusPublished
Cited by3 cases

This text of 147 N.E. 376 (Georgacopulos v. Hruby) is published on Counsel Stack Legal Research, covering Illinois Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Georgacopulos v. Hruby, 147 N.E. 376, 316 Ill. 439 (Ill. 1925).

Opinion

Mr. Chief Justice Duncan

delivered the opinion of the court:

Spiros Georgacopulos, appellant, filed his bill in the superior court of Cook county against Bessie M. Hruby, appellee, for the specific performance of a contract for the sale of real estate. Appellee filed an answer denying that the contract was signed by her or by anyone lawfully authorized so to do by her. She later amended her answer, alleging that the contract set out in the bill was negotiated and signed by George Akouris, who purported to act as her agent, but that he was acting as a real estate broker without a license, as required by law, and that all acts of the agent relative to the contract were prohibited by law and that the contract was void for that reason. She admitted that she had at all times refused, and that she still refuses, to carry out the agreement claimed by complainant. She alleged that the contract set forth in the bill of complaint is not, nor is any memorandum or note thereof, signed by her or by any person by her authorized in writing, and she claims the benefit of the Statute of Frauds. She thereafter filed a cross-bill, praying that the alleged contract, which had been recorded, be declared a cloud on her title and canceled. Issues were formed by the bill and answer, the cross-bill and answer, and the replications, and were referred, to the master in chancery for proofs and findings. The master reported and recommended that the contract should be specifically performed and the cross-bill dismissed for want of equity, and he overruled the objections to his report. The court sustained the exceptions to the master’s rulings, dismissed the original bill for want of equity and decreed the relief prayed for in the cross-bill. The complainant in the original bill prosecutes this appeal.

The undisputed facts are the following: On October 23, 1922, appellee and George Akouris executed the agreement which appellant contends authorized Akouris, in appellee’s name, to execute the agreement for the sale of the property in question to appellant. The agreement recites and provides that appellee is the owner of the property, (describing it,) and desiring to sell the same constitutes and appoints Akouris her exclusive agent for the term of thirty days from the date of the contract, with authority to execute a contract of sale of the property and take a deposit thereon; that the minimum price at which the property shall be sold is $9000, to be paid $5000 cash and the balance of $4000 as follows: $500 in one year, $500 in two years and the balance ($3000) in three years; that appellee agrees to pay Akouris as commission "all sums whatever which shall be received by him over and above the said $9000” as soon as the sale of the property is consummated. Akouris agrees, for and in consideration of her agreement, to use every facility at his command to procure a sale of the premises at his own expense. The contract further provides that all rights thereunder shall expire thirty days from the date thereof without any further notice “to the parties hereto.”

The contract that Akouris entered into with appellant, as agent of appellee, and which is sought to be enforced by appellant against appellee, was executed November 21, 1922, and was signed by appellant, and by appellee “by George Akouris, agent.” The contract in substance provided that appellee agreed to sell, and appellant agreed to purchase at the price of $9500, the property in question, (describing it,) together with all improvements thereon, subject to (1) all taxes and assessments levied after the year 1921; (2) any unpaid special taxes or special assessments levied for improvements not completed, and to unpaid installments of special assessments which fall due after date levied for completed improvements; also subject to building line restrictions and building restrictions of record, taxes for 1922 to be prorated on 1921 basis. The contract further recited and provided that the purchaser has paid $500 as earnest money, to be applied on the purchase when consummated, and that he agrees to pay, within five days after the title has been examined and found good, the further sum of $5000 at the office of George Akouris, Chicago, provided a good and sufficient warranty deed conveying to the purchaser a good and merchantable title to the premises (subject as aforesaid) shall then be ready for delivery; that the balance is to be paid, $500 in one year, $500 in two years and the balance ($3000) to be paid in three years, with interest at the rate of six per cent per annum, payable semi-annually, to be secured by the purchaser’s notes and mortgage or trust deed on the premises. The contract further provides that a complete abstract of title or merchantable copy brought down to date, or a'merchantable title guaranty policy, or certificate of title issued by the registrar of Cook county, shall be furnished by the vendor within a reasonable time. In case the title, upon examination, is found materially defective, and so reported within ten days after an abstract is furnished, then, unless the material defects be cured within sixty days after written notice thereof, the earnest money shall be refunded and the contract shall at the purchaser’s option become null and void; that should the purchaser fail to perform the contract promptly on his part at the time and in the manner specified, the earnest money paid shall at the option of the vendor be forfeited as liquidated damages, and the contract shall be null and void. Time was made of the essence of the contract and of all the conditions thereof. “This contract” and the earnest money was to be held by Akouris for the mutual benefit of the parties, and it was to be his duty, in case the earnest money be retained as “herein provided,” to apply the same first to the payment of any expenses incurred for the vendor by him in the matter; and second, to the payment to him of a commission of $500 on the selling price “herein mentioned” for services in procuring the contract, rendering the overplus to the vendor.

Akouris recorded his contract with appellee, advertised the property for sale, and on the date aforesaid secured the contract from appellant and received the deposit of $500 from him. On November 22, 1922, he took the contract to appellee and asked her to sign it. She declined to do so. On December 4, 1922, he went with appellant to appellee’s place of business to see her, and they took with them $5000 and a warranty deed for her to execute, and told her they were ready to close the deal. She declined to do so, saying to appellant, “Why, no; we have to see our lawyer about it.” She refused to take the money. Her brother, who was with her, said to Akouris, “We don’t want to sell the property.” Appellee also stated that she did not want to sell the property.

In addition to the foregoing, Akouris testified that he had been acting as a real estate broker for about a year previous to this transaction. He had a license from the city of Chicago to act as a real estate broker but did not have a State license to engage in such business.

This appeal presents two questions: (1) Is the contract of purchase void for the reason that the agent of appellee, at the time of its execution and at the time he executed his contract with appellant, did not have a certificate of registration issued by the Department of Registration and Education? (2) Is the contract of sale and purchase invalid, or not binding on appellee, for the reason that the agent, Akouris, exceeded his authority?

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Cite This Page — Counsel Stack

Bluebook (online)
147 N.E. 376, 316 Ill. 439, Counsel Stack Legal Research, https://law.counselstack.com/opinion/georgacopulos-v-hruby-ill-1925.