Jones v. Ceres Investment Co.

154 P. 745, 60 Colo. 562, 1916 Colo. LEXIS 180
CourtSupreme Court of Colorado
DecidedJanuary 3, 1916
DocketNo. 8377
StatusPublished
Cited by5 cases

This text of 154 P. 745 (Jones v. Ceres Investment Co.) is published on Counsel Stack Legal Research, covering Supreme Court of Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Jones v. Ceres Investment Co., 154 P. 745, 60 Colo. 562, 1916 Colo. LEXIS 180 (Colo. 1916).

Opinion

Hill, J.,

delivered the opinion of the court.

The plaintiff in error, who was plaintiff below, contends that the court erred in granting the defendant’s motion for judgment on the pleadings. The complaint alleges, that one Dillow was the agent of the defendant company, and as such had a large amount of its real estate for sale; that in September, 1908, the plaintiff made to Dillow, as the agent of the defendant, an offer of $1,416 for certain lots, describing them; that by the terms of said offer, the plaintiff agreed to pay for them in installments of $55' per month, and interest ; also agreed to pay the subsequent taxes, water taxes and insurance; that defendant accepted the offer and agreed to deed to plaintiff, or any person to be named by him, the [563]*563above described lots, upon payment of said sum, and interest . at the rate of eight per cent per annum; that defendant, instead of making a contract direct with plaintiff, made a written contract with Dillow for said lots, containing the above conditions, and Dillow made a contract with plaintiff, as the agent of defendant company, containing the same conditions; that it was further verbally agreed and understood, at the time of entering into the written contract, that plaintiff might, at any time, pay the entire amount due under said contract, or any portion thereof, and receive a deed or deeds for the property paid for in full; that there has been paid upon this contract to the defendant the sum of $1,128.12, which payments were made on and prior to August 22, 1910; that a portion of the above described property was conveyed to plaintiff, or as he directed, giving dates and description; that no other property contained in the above described contract was ever conveyed to plaintiff or as he directed. This is followed by the alleged execution of three other similar contracts made in the same manner, for other lots, describing them, stating amounts paid and to be paid. It is alleged that all the payments were made upon the contract executed in October, 1904, before 1910, and that three lots only, out of about twenty-five covered by this contract, were conveyed to the plaintiff, etc. The portion of the complaint concerning contracts bearing dates November 20th and 27th, respectively, 1910, contains the same allegations as the first, as to certain payments, etc., except in different amounts, but does not allege the conveyance of any of the lots to plaintiff. The complaint alleges, that, aside from taxes, water taxes and insurance, a total of about $2,500 was paid by the plaintiff upon the four contracts; that some of it was paid by the plaintiff direct to the company and some to Dillow as its agent, and that all of it was received by the defendant company. It then alleges that during the month of July, 1910, the plaintiff made [564]*564demand, not only once, but several times, upon the defendant company, to make and deliver to him deeds for all the property that he had purchased of it, as shown by the four contracts heretofore described, made with it through Dillów, and by said defendant company adopted as its contract, with the exception of those theretofore conveyed, etc. It alleges, that the defendant company, acting through its president, Waldo, expressed its willingness to make the deeds before requested, and several times set the time when he would have them ready for delivery, but failed and neglected so to do; that on or about the 21st of July, 1910, the plaintiff called at the office of the defendant company and found Waldo in charge; that Waldo then stated that he would have the deeds executed and ready for delivery upon the following day, viz., the 22nd of July, 1910, and requested plaintiff to call upon said day, pay the amount due and receive the deeds for said property; that on the afternoon of the 22nd of July, 1910, in pursuance of this request, plaintiff called at the office of the defendant company and found that the deeds had not been executed; that Waldo, the president of the defendant company, was not there, but had left the state the night before, and was just starting on a trip around the world, and would not be back for a year; that plaintiff was ready, willing and able, at the time and at all times after demand made by him as hereinbefore mentioned, to pay the balance due the defendant company for the real estate owned by it, and sold to plaintiff by and through its agent, Dillow, and so stated at the time; that the said deeds were to be made by Waldo, the president of the company. The plaintiff then alleges, that on the 5th of August, 1909, he made a sale of all the real estate then owned by him (purchased from defendant company) to one Banty, for the sum of $9,800; that $1,800 of said amount was paid in cash, and $50 was to be paid every month; that said payments were made up to and including the month of July, 1910; that [565]*565Banty also had the option of paying off, at any time, the entire amount due plaintiff, and obtaining deeds for said property; that on or about July the 1st, 1910, Banty notified plaintiff that she desired to pay the balance due upon said contract, amounting to about $7,000, and obtain deeds for said property; that pursuant to said demand made upon plaintiff, he made the several demands hereinbefore mentioned on the defendant, so'that he might be able to carry out the contract upon his-part with Banty; that the amount paid by Banty upon said contract, principal, interest and taxes, at the time amounted to about $3,000; that Banty desired to build a number of houses upon said property; that when Banty became aware that plaintiff could not furnish deeds promptly for the property, she declined to proceed further, employed counsel, and threatened suit, demanded the return of her money, and a cancellation of the contract; that plaintiff was compelled to and did return to Banty the money paid by her upon said real estate, and cancelled the contract; that the defendant company, by and through its president, Waldo, knew that plaintiff was the purchaser of the aforesaid property; that he had made a sale of this property to Banty about the time of said sale; that plaintiff had made an advantageous sale thereof, and desired to carry the same out; that by reason of the failure of the defendant company to furnish him a deed or deeds, when required or within a reasonable time, he has been damaged in the sum of $6,000. The prayer is for judgment for this amount.

In its answer the defendant denies that plaintiff made the offers to Dillow; admits that instead of making a contract with it he made written contracts with Dillow for the property described, and denies each and every other material statement and thing set forth therein not specifically admitted or denied.

For a second defense it alleges, that at the time the contracts were entered into by the plaintiff as described in [566]*566the complaint, plaintiff knew the defendant was the owner of the property described in said action; that said contracts were written contracts; that this defendant was not named or referred to therein; that said contracts were in words and figures as follows. Copies are then set forth of the four contracts between Dillow and the plaintiff, the same as to dates and description of the lands as those in the complaint. The answer then alleges, that said above contracts were and are the individual contracts of Dillow; that Dillow did not sign said contracts for or on behalf of the defendant; that Dillow was not, at said time, the agent of or for the defendant, or authorized by it to enter into said contracts on its behalf.

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

Related

Hoch v. Prokop
507 N.W.2d 626 (Nebraska Supreme Court, 1993)
Andersen v. Turpin
142 P.2d 999 (Oregon Supreme Court, 1943)
Silver State Building & Loan Ass'n v. Austin
61 P.2d 582 (Supreme Court of Colorado, 1936)
Colorado Investment & Realty Co. v. Riverview Drainage District
266 P. 501 (Supreme Court of Colorado, 1928)
Hilker v. Curdes
133 N.E. 851 (Indiana Court of Appeals, 1922)

Cite This Page — Counsel Stack

Bluebook (online)
154 P. 745, 60 Colo. 562, 1916 Colo. LEXIS 180, Counsel Stack Legal Research, https://law.counselstack.com/opinion/jones-v-ceres-investment-co-colo-1916.