Harding v. Olson

76 Ill. App. 475, 1898 Ill. App. LEXIS 156
CourtAppellate Court of Illinois
DecidedMay 26, 1898
StatusPublished
Cited by2 cases

This text of 76 Ill. App. 475 (Harding v. Olson) is published on Counsel Stack Legal Research, covering Appellate Court of Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Harding v. Olson, 76 Ill. App. 475, 1898 Ill. App. LEXIS 156 (Ill. Ct. App. 1898).

Opinion

Mr. Presiding Justice Adams

delivered the opinion of the court.

This is an appeal from a decree in favor of appellee and against appellant, on a bill filed December 3, 1895, praying the cancellation of a contract for the sale by appellant to appellee of certain premises and a return from appellant to appellee of the amount of the money paid in pursuance of the contract.

The bill alleges, in substance, that January 3,1890, a contract in writing was executed by the parties for the sale by appellant to appellee of lots 5 and 6 in block 2, in Junction Q-rove subdivision of the south 27 acres of the W. \ of the 1ST. W. J of section 22, township 35 north, range 14 east of the third principal meridian, in Cook county, Illinois, for $1,000; that appellee paid $125 at the date of the contract, $75 February 24, 1890, and, by the contract, appellee agreed to pay the remainder, $800, on or before January 3, 1896, in such sums and at such times as he might elect, with interest at the rate of six per cent per annum, payable setni-annually, and that if appellee failed to pay such remainder on or before January 3, 1896, appellant might, at his option, declare the contract forfeited and retain, as liquidated damages, all payments made; that it was further agreed that, after two years from date of the contract, and the payment in full of principal and interest, appellee should be entitled to a warranty deed of said premises free and clear of all incumbrances; that on October 1, 1895, appellee had paid to appellant all that was due on the contract, except the sum of $383.58, and that appellee also, in pursuance of the contract, paid taxes and assessments on the premises to the amount of $190.78.

It is further alleged in the bill, that August 2, 1895, appellee, by his attorney, notified appellant that he, appellee, was ready to pay appellant $376.74, the balance then due on the contract, and requested appellant to execute to him a conveyance of the premises described in the contract as therein provided, and offered to allow appellant a reasonable time in which to clear the title; that appellee caused the title to be examined, and it was discovered that, at the time of the execution of the contract, appellant had no title to the premises, although appellee believes that he was the equitable owner thereof, the naked legal title being in George F. Harding, Jr., who held such title as trustee for appellant; that July 16, 1890, George F. Harding, Jr., conveyed the premises in fee simple to the Firemen’s Insurance Company, which company is the owner of same; that George F. Harding represented himself to be the owner, and appellee, relying on said representation, and believing that appellant would convey the premises to him on payment and demand, omitted to file the contract for record, but appellee avers, believes and charges that the Firemen’s Insurance Company took title to the premises with full knowledge of appellee’s contract and his rights thereunder. The bill then alleges that judgments have been rendered against the Firemen’s Insurance Company in favor of the following named persons, and for the amounts, at the dates, and by the courts mentioned:

Augusta Barnsch, December 22,1894, Circuit Court, Cook County, $1,665.

Appleton Paper and Pulp Company, February 16, 1893, Circuit Court, $2,182.50.

Appleton Paper and Pulp Company, July 5,1895, Appellate Court, First District; on appeal from judgment in last mentioned case, judgment affirmed, and that said judgments are liens on said premises.

That, October 21, 1895, appellee tendered to both appellant and the Firemen’s Insurance Company the sum of $383.58, being the balance then due on the contract, notified them that said judgments were liens, on the premises, demanded that the judgments should be satisfied or the premises released therefrom, demanded a warranty deed of the premises, and offered to allow appellant and the insurance company five days in which to procure a good title, all of which they have failed and refused to do.

The bill, after alleging a fear that appellant may declare a forfeiture of the contract, makes appellant and the Firemen’s Insurance Company defendants, prays for an accounting as to moneys paid by appellee, a cancellation and delivery up of the contract, and a decree that appellant repay to appellee all sums paid by him on account of the contract.

Appellant and the Firemen’s Insurance Company filed a joint and several answer to the bill January 4, 1896. The answer admits the contract as alleged in the bill, and that October 21, 1895, appellee had paid appellant Harding all of the consideration for the contract, except in the neighborhood of §383.58; also .that, some time in August, 1895, appellee stated to appellant, Harding, that he was ready to pay the balance due, and desired said Harding to execute and deliver to him a conveyance of the premises free and clear of all incumbrances; also that, at the date of the contract, the title to the premises was in George F. Harding, Jr., but that he held merely the naked legal title, and appellant was the real and equitable owner. The answer also admits that the judgments mentioned in the bill are apparent liens on the premises in question.

The answer disclaims knowledge of the amount paid by appellee for taxes and assessments and also of the amount due on the contract in August, 1895, when appellee notified appellant, Harding, that he was ready to pay the balance due on the contract, and demanded a deed.

The answer avers that, December 21, 1892, the Firemen’s Insurance Company conveyed the premises in fee simple to the Chicago Beal Estate Loan and Trust Company by a deed which has been lost or mislaid, and was never recorded, but that each of said companies took the title on condition that whenever appellee should comply fully with his contract, it would convey the premises to him or to appellant, Harding, so that he could convey to appellee; that appellant is the president of both said companies. The answer further avers that all of the suits mentioned in the bill are pending in the Supreme Court on appeal from the Appellate Court; that they were appealed to the October term, 1896, of the former court; that decisions are shortly expected; that if the judgments should be affirmed, they would be promptly paid, etc., and that appellant was unable to comply with the contract until said suits should be finally determined. The answer further avers that the Chicago Eeal Estate Loan and Trust Company has filed a bill in the Circuit Court of Cook County to have the apparent lien of said judgments removed, and that the defendants to appellee’s bill expected to obtain a decree removing such leins within the next ten days. The answer denies any intention on the part of appellant, Harding, to declare the contract forfeited.

On January 14, 1897, after the master’s report was filed, it was stipulated between the parties that appellee might file instanter an amended bill, and that the defendants might, within four days from that date, file an answer to the amended bill, and also an amended cross-bill, and that a demurrer to the cross-bill theretofore filed should stand as á demurrer to the amended cross-bill.

In pursuance to this stipulation, appellee, January 14, 1897, filed an amended bill, which it is unnecessary to refer to, as, in our opinion, the amendments did not materially change the aspect of the case.

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

Related

Byrne Realty Co. v. South Florida Farms Co.
81 Fla. 805 (Supreme Court of Florida, 1921)
Sage Land & Improvement Co. v. Ripley
192 F. 785 (Sixth Circuit, 1912)

Cite This Page — Counsel Stack

Bluebook (online)
76 Ill. App. 475, 1898 Ill. App. LEXIS 156, Counsel Stack Legal Research, https://law.counselstack.com/opinion/harding-v-olson-illappct-1898.