Kuhn v. McKay

49 P. 473, 7 Wyo. 42, 1897 Wyo. LEXIS 9
CourtWyoming Supreme Court
DecidedJuly 7, 1897
StatusPublished
Cited by20 cases

This text of 49 P. 473 (Kuhn v. McKay) is published on Counsel Stack Legal Research, covering Wyoming Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Kuhn v. McKay, 49 P. 473, 7 Wyo. 42, 1897 Wyo. LEXIS 9 (Wyo. 1897).

Opinions

JPottbR, Justice.

In this case the defendant m error, George Me Kay, brought suit against Adam Kuhn, the plaintiff: in error, to recover a balance of $2,500 and interest alleged to be due upon the purchase price of certain mining property situated in Fremont County in this State, sold by the former to the latter. By the allegations of the amended petition the indebtedness was averred to have existed on the 21st day of May, a. d, 1888, and that the plaintiff in error, who will for convenience be referred to as the defendant, , then promised to pay the same in non-assessable stock of the Hub Gold Mining Company, a corporation duly organized and existing under the laws of the State of Massachusetts, and doing business in the State of Wyoming. It was further alleged that the defendant had neglected and refused to deliver said stock, but that in the year 1893 he had, as the result of a suit instituted by him in 1892 against said company for the recovery of $25,000, caused the entire property of said company to be sold to Edward Rosenbaum, who had become the assignee of the judgment obtained by the defendant in said suit. That thereby the stock in said company had become valueless. The prayer of the-amended petition .was for judgment for said amount, with interest from June 25, 1891.

The answer of the defendant denied any indebtedness, as well as any neglect or refusal to deliver the stock, and alleged that defendant had at all times been, and still was, ready, able, and willing to deliver the same upon the-request of the plaintiff.. The suit against the mining company, and the sale of its property was admitted ; but that the stock had become valueless was denied. As an. [51]*51affirmative defense it was alleged substantially that the purchase of the property by the defendant occurred under a contract in writing made at Ogden City, Utah, on the 1st day of March, 1887, between defendant and the plaintiff and one Janies Kime, whereby it was agreed that the purchase price of the property was to consist of $6,000, to be paid to each of the vendors, Kime and Me Kay, at the office of A. Kuhn & Bro., in Ogden City, Utah Territory, and the delivery to each of said parties of 500 shares of the capital stock, fully paid up and non-assessable, of a mining corporation to be organized on or before July 10, 1887 ; and it was alleged that said defendant, since the making of said contract, had been and was able and willing to convey to the plaintiff said shares of said capital stock. As a further defense the statute of limitations was pleaded.

• In the reply the plaintiff alleged that’ the agreement set forth in the answer was entered into at Miners Delight, in Fremont County, Wyoming, and that by the terms of said agreement the plaintiff and said Kime had agreed to sell and convey the property described in the answer to the defendant, and on the 21st day of May, 1888, did convey the same by deed, in consideration of which the defendant then and there agreed to pay the plaintiff $8,500 for his share of the property sold, and as part payment agreed to deliver to the plaintiff 500 shares of the capital stock of the Hub Gold Mining Company, fully paid up and non-assessable, of the actual and par value of $5.00 per share, and of the total value of $2,500.

Narrowed down, the issue presented by the plaintiff was that the balance of the purchase price of the property was a fixed sum, which the defendant agreed to pay in stock of the mining company, which he had entirely neglected to do, but had rendered the stock valueless, and hence was still indebted for such balance. The answer of, the defendant, on the other hand, controverts the allegation or theory that there was any money liability for such balance, but presents the agreement as one requiring only [52]*52delivery on the part of the defendant of 500 shares of the capital stock of a certain mining company, regardless of the actual value thereof.

It is insisted that the verdict is not sustained by sufficient evidence and is contrary to law, for the reason that the evidence fails to sustain the averments of the petition, and that if any liability of the defendant is disclosed it is in the nature of damages for breach of contract, which was not recoverable in this action, inasmuch as the petition was in the form of a count in indebitatus assumpsit; one state of facts being averred, and an entirely different state of facts proven. The practical effect of this contention is to charge a fatal variance between the pleading and proof.

The case was tried to a jury, and a verdict returned in favor óf the defendant in error for the sum of $3,786.66, upon which verdict judgment was subsequently rendered, motion for a new trial having been duly filed and overruled, to which exceptions were properly preserved.

It appears from the evidence that the agreements between the parties were reduced to. writing, and that until-after the commencement of the trial the written contracts were in the possession of the defendant below, and were produced by him upon the trial and introduced in evidence by the plaintiff.

Plaintiff’s exhibit “A,” which bears an earlier date than the other of the two contracts found in the record, and which is dated March 1, 1887, and was executed at Ogden, in the then Territory of Utah, after reciting that Kime and McKay had theretofore executed a deed to Kuhn, conveying the mining claim in question, and had placed- said deed in escrow at the Commercial Bank of Ogden, and the time for delivery not having expired and the conditions of said escrow not having been performed, and it being the desire of the parties to substitute other provisions for the delivery of such deed, provides as follows: “Now it is agreed that said deed shall be delivered to said Adam Kuhn, and said bank is authorized so to deliver it on said Adam Kuhn, paying to said parties [53]*53of the first part each six thousand dollars, in all 112,000.00, to be paid at the office of A. Kuhn & Bro., Ogden, Utah, and on said Adam Kuhn delivering to each of said parties of the first part 500 shares of the capital stock, fully paid up and non-assessable, of a mining corporation organized or to be organized on or before July 10, 1887, and to include in its property said mining claim.” The following clause also appears in said agreement: “And this agreement is to terminate July 15, 1887.” This agreement is signed by James Kime and George McKay.

The other agreement is in the form of a bond signed by Adam Kuhn, to which is appended a memorandum signed by the three parties. This instrument is dated May 21, 1888, and according to the undisputed testimony was made and signed at Miners Delight in Fremont County, "Wyoming. By its terms Adam Kuhn acknowledges himself bound unto said James Kime and George McKay “ in a certain sum of money and a certain sum of stock payable in the office of A. Kuhn & Bro., Ogden, Utah, stated in a certain agreement between the parties hereto, dated March 1, 1887.” The condition of the obligation in substance is that if said Kuhn shall on or before the first day of January, a. d. 1889, make, execute, and deliver to said Kime and Me Kay a good and sufficient deed conveying to them with as good or better title than by him received from them, a certain mining claim therein described, which is the identical claim mentioned in the agreement of 1887, then said obligation is to become void.

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Bluebook (online)
49 P. 473, 7 Wyo. 42, 1897 Wyo. LEXIS 9, Counsel Stack Legal Research, https://law.counselstack.com/opinion/kuhn-v-mckay-wyo-1897.