Hunt v. Capital State Bank

87 P. 1129, 12 Idaho 588, 1906 Ida. LEXIS 79
CourtIdaho Supreme Court
DecidedSeptember 4, 1906
StatusPublished
Cited by4 cases

This text of 87 P. 1129 (Hunt v. Capital State Bank) is published on Counsel Stack Legal Research, covering Idaho Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Hunt v. Capital State Bank, 87 P. 1129, 12 Idaho 588, 1906 Ida. LEXIS 79 (Idaho 1906).

Opinions

SULLIVAN, J.

This action was brought by the appellant to recover from the defendant bank $7,000, together with interest thereon, the principal sum of which had been deposited in the said bank for the benefit and use of the interveners, upon an agreement or option for the purchase of the Buffalo quartz mining claim, situated in the Thunder Mountain mining district, Idaho county.

On the third day of November, 1904, the appellant and the interveners entered into the following agreement:

“Warrens, Idaho, November 3, 1904.
In consideration of one hundred dollars, the receipt of which is hereby acknowledged, we, the undersigned, owners of the Buffalo Quartz Mining Claim, situated on Thunder Mountain, Idaho County, Idaho, hereby agree to sell said claim to F. W. Hunt of Boise, Idaho, for a price of seven thousand ($7,000.00) dollars, to be paid to our order at the Capital State Bank, at Boise, Idaho, on or before the 3rd [593]*593day of February, 1905, and that we will execute and deliver deeds for said property at the said bank to said F. W. Hunt, and will agree that the title to said property shall be good, and will proceed without delay to the survey and patent of said Buffalo claim, the said F. W. Hunt or assigns to pay the costs of patenting excepting the preliminary survey.
(Signed) S. A. HINDMAN,
S. C. GODLOVE.”

Thereafter, on the second day of December, 1904, a deed to said mining claim was placed in escrow with the defendant bank, to be held and to be delivered to the appellant according to the following instructions, deposited with .the bank at the time of depositing said deed, to wit:

“Placed in escrow in the hands of the Capital State Bank to be delivered to F. W. Hunt, if he shall make all the payments as below specified; otherwise, to be subject to the order of S. C. Godlove and S. A. Hindman of Warrens, Idaho.
“AGREEMENT.
Consideration .................................$7,100.00
Cash paid .................................... 100.00
Due Feb. 3d, 1905..............................$7,000.00
Due Feb. 3, 1905, expense incurred in procuring patent.
“There will be no obligation on the part of S. C. Godlove and S. A. Hindman to deliver above-described deed unless payments are made as above, time being the essence of the agreement.”

On the third day of February, 1905, appellant paid into said bank $7,000 to the credit of the interveners, and at the same time delivered to the bank the following writing, to wit:

“Agreement dated November 3, 1904, between S. C. God-love, S. A. Hindman to F. W. Hunt. Filed at request of F. W. Hunt, February 3, 1905, to accompany escrow agreement between above parties dated December 2, 1904. To the Capital State Bank of Idaho, Ltd. Payment of $7,000.00 being made this 3d day of February, 1905, to S. C. Godlove and S. A. Hindman by F. W- Hunt, in accordance with the terms [594]*594of said escrow agreement and said agreement of November 3d, 1904, you are hereby instructed to hold said amount until Beceiver’s receipt in application for patent of said Buffalo claim has been issued. F. W. HUNT. ’ ’

Thereafter the interveners proceeded with their application for a patent, and on the twenty-first day of October, 1905, the intervener Hindman presented the receiver’s final receipt for the sum of $105, that being in full payment for the area of land embraced in said Buffalo lode mining claim.

On the twenty-seventh day of October, 1905, the appellant delivered to the bank the following notice in writing -.

“Boise, Idaho, October 27th, 1905.
The Capital State Bank, Boise, Idaho:
Gentlemen — -I hereby notify you not to deliver or pay over to Godlove & Hindman, or either of them, or their assigns, the seven thousand dollars which you hold in escrow for the purchase of the Buffalo Quartz Claim in Thunder Mountain Mining District, Idaho County, State of Idaho, as the terms of their contract with me were not carried out.
Very respectfully,
F. W. HUNT.”

It appears from the testimony of the appellant, who testified at the trial of the case, that if he failed to make the payment of $7,000 on the 3d of February, 1905, the option of purchase expired; that he saw one of the interveners about getting an extension for the payment of that sum, and was informed that the affair was entirely in the other intervener’s hands, and whatever he did in regard to the matter would be satisfactory to him; that he failed to get an extension of time; that the option would expire on the 3d of February if the payment was not made, having failed to get an extension of time. The appellant then testified as follows: “I went to the bank on the 3d of February and I paid this $7,000. At that time the proceedings toward procuring a patent had not been completed. That was the reason that I asked for an extension of time. When I first got the option, we talked over [595]*595the patent proceedings, and Mr. Hindman told me he was going right into Roosevelt to make the preliminary survey of the ‘Buffalo,’ and that it would take him only a few days. That he would come right out with his application for patent; it would be well under way and perhaps completed by the third day of February, 1905.....I knew this proceeding had not been completed at this time.”

It is apparent from the testimony in the record that the proceedings for a patent were not completed as early as the parties had anticipated, and that the appellant desired the bank to hold the money until the final receiver’s receipt was issued for the land included in the Buffalo lode claim, thus making sure of a perfect title thereto. Apparently, the interveners were satisfied to leave the money in the hands of the bank, as requested by the appellant. They thereafter procured said final receipt and deposited it with the bank, and the bank thereafter turned them over the $7,000.

There is some conflict in the testimony of the appellant and of the cashier of the bank as to conversations had between them. The trial court evidently concluded to accept the evidence of the cashier as true, and made findings of fact, conclusions of law and entered judgment in favor of the bank and the interveners. There appears to be a substantial conflict in the evidence, and where that appears, the appellate court will not disturb the judgment of a trial court.

The main contention of counsel for appellant is, that said option expired on the third day of February, 1905, as the payment of the said $7,000 on that day was not an absolute payment. From all of the evidence in the case, it is clear to us that it was an absolute payment of the $7,000. The intervener, Hindman, testified on the trial that he received a letter from the appellant, in which the appellant notified him that he had made payment on the third day of February, 1905. The appellant testified that the expense of procuring the patent was not paid by him at the time of paying the $7,000 because the expense for procuring the patent was not known at that time.

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Cite This Page — Counsel Stack

Bluebook (online)
87 P. 1129, 12 Idaho 588, 1906 Ida. LEXIS 79, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hunt-v-capital-state-bank-idaho-1906.