Kiam v. Turner

52 S.W. 1043, 21 Tex. Civ. App. 417, 1899 Tex. App. LEXIS 380
CourtCourt of Appeals of Texas
DecidedJune 15, 1899
StatusPublished
Cited by1 cases

This text of 52 S.W. 1043 (Kiam v. Turner) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Kiam v. Turner, 52 S.W. 1043, 21 Tex. Civ. App. 417, 1899 Tex. App. LEXIS 380 (Tex. Ct. App. 1899).

Opinion

PLEASANTS, Associate Justice.

This suit was instituted by appellant against appellee, to recover of the latter an alleged indebtedness of $5200. The nature of the litigation is shown in the following excerpts from the plaintiff’s amended original petition, tiled March 16, 1897:

“'On or about October 26, 1894, defendant engaged plaintiff as agent to negotiate for him a loan of money, agreeing to: give plaintiff for said services 8 per cent commission on the amount of said loan, defendant agreeing to give a deed of trust on all his right, title, and interest in any lands or other property under the last will of W. B. Baker, deceased, to secure the payment of said loan.
“It appearing impracticable to secure said loan, defendant employed and instructed plaintiff, upon the same terms of compensation, to purchase for him, plaintiff, certain improved rent-bearing property, whereby he, defendant might receive a regular income; and in pursuance to said *418 last agreement plaintiff negotiated for a purchase of certain lots situated at, the northwest comer of Milam and Prairie streets, in Houston, Texas, having thereon valuable improvements and such as would yield sufficient rental to give defendant an ample income.
“That said property was in every respect satisfactory to defendant, who was well acquainted therewith, and in furtherance of said negotiation the defendant gave to plaintiff in writing his stipulations of tire terms upon which he was willing to purchase it, among other things that he, defendant, would pay its owner, J. C. League, $65,000 therefor, defendant giving League his notes for said amount at 10 per cent interest per annum, principal and interest payable on or before nine years, the same meaning payable ninety days after defendant should come into possession of the estate of W. R. Baker. The defendant agreeing further to give League a deed of trust on his said property to secure payment of notes, as also, upon his contingent interest in the estate left by W. R. Baker, deceased, also agreeing to give League the paid-up insurance on his life, in favor' of said League, to cover the amount of loan and interest.
“That said proposition plaintiff was instructed to submit, to League with a view to securing said premises from him, and in pursuance thereof plaintiff succeeded in getting League to accede t.o all of said terms and conditions, and in finally consummating said purchase in so. far as it was possible for plaintiff and said League to do. so, and it only remained for defendant to receive the deed from League, which League was ready, willing, and able to give him, and for defendant to do the things agreed and stipulated by him in his said proposition.
“That. League stood ready, willing, and able to close up and finally consummate said sale and purchase, and although this fact was well known to defendant, he failed and refused up'on demand to carry out the terms of said agreement. That plaintiff had faithfully performed the services for which he was employed by defendant, which, according to said agreement between plaintiff and defendant, were to be paid for by defendant at the rate of 8 per cent on the amount of such purchase, which commission amounted to $5200.
“That defendant well knew that under said employment plaintiff was performing said services, and in every manner ratified and confirmed same. That, the services so performed by plaintiff were the same as if said transaction had been finally closed and consummated, and were reasonably worth the sum of 8 per cent on the amount of said purchase. The failure to finally close and consummate said purchase was owing entirely to the willful refusal upon the part of defendant to do so,.”

The defendant answered the plaintiff’s suit by exceptions, by general-denial, and by special answer, and in the same, among other things, the following averments are made: “That about January 1, 1895, plaintiff approached defendant with many professions of friendship for him and interest in his welfare, and thereby succeeded in gaining defendant’s confidence, and thereupon plaintiff represented to defendant *419 that it would he exceedingly advantageous to defendant to purchase from J. C. League, of Galveston, for a certain price, and upon terms and conditions suggested hy plaintiff, certain improved real estate in Houston, on the northwest corner of Milam and Prairie streets; and that relying upon said representations, defendant was induced to submit in writing, at the request of plaintiff, to League, a proposition to purchase said property at said price and terms named by plaintiff; and that plaintiff .afterwards reported that League had agreed to sell said property to defendant, and submitted to defendant certain instruments setting forth the terms and conditions upon which League proposed to sell the property, which terms and conditions were materially different from those suggested by plaintiff to defendant, and upon which defendant proposed to buy, and which he submitted to League; and that after-wards, about February 20, 1895, defendant met in plaintiff's office the plaintiff and said League, who endeavored to persuade defendant to agree-to the terms and conditions proposed by League, and that it became evident, by plaintiff's conduct on said occasion, that he was acting in collusion with League and in hostility to defendant's interest; that the proposed trade, so far from being an equitable one, was unfair and greatly to the disadvantage of defendant, and he declined to accede to the terms and conditions proposed hy Mr. League. Among those terms and conditions, and differing from those submitted by him, at the instance of plaintiff, to League, were these: That the possession, control, and management of the property should he vested in a trustee, selected hy the vendor, who should rent the property, Collect the rents out of same, pay all taxes due on the property, assessments for street improvements, sewerage, and other municipal charges, and repairs, insurance, and interest; and if there should be any balance left out of said rents to- pay same to defendant; and that defendant should have no possession or control or management of the property. That defendant was. induced hy plaintiff to sign a memorandum of agreement whereby he agreed to pay plaintiff a certain per centage on whatever deal defendant might make with J. O. League, out of the proceeds of said deal; and defendant further avers that no deal was made by him with said League, and that there were no proceeds from any deal with League."

The answer further averred that not only were the alleged services of plaintiff of no value to him, but had he yielded to the solicitations of plaintiff and accepted the terms and conditions sought to he imposed on him by the owner of said property, he would have been damaged many thousand dollars. The answer further avers that the memorandums signed by him and mentioned hy him, as well as the trust deed and note which plaintiff endeavored to induce defendant to sign, were in the possession of the plaintiff.

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Cite This Page — Counsel Stack

Bluebook (online)
52 S.W. 1043, 21 Tex. Civ. App. 417, 1899 Tex. App. LEXIS 380, Counsel Stack Legal Research, https://law.counselstack.com/opinion/kiam-v-turner-texapp-1899.