Lloyd v. Davis

28 N.E. 232, 2 Ind. App. 170, 1891 Ind. App. LEXIS 146
CourtIndiana Court of Appeals
DecidedJune 25, 1891
DocketNo. 151
StatusPublished
Cited by1 cases

This text of 28 N.E. 232 (Lloyd v. Davis) is published on Counsel Stack Legal Research, covering Indiana Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Lloyd v. Davis, 28 N.E. 232, 2 Ind. App. 170, 1891 Ind. App. LEXIS 146 (Ind. Ct. App. 1891).

Opinion

Robinson, J.

The appellee commenced this action against the appellant. The complaint alleges that appellee purchased of the appellant the real estate described therein, for which he undertook to pay the sum of $2,200 as follows: $200 cash, $1,000 in thirty days, and $1,000 in--days; that pursuant to such sale and purchase, the appellant duly executed her warranty deed to the appellee for said property, and appellee paid to said appellant, in cash, said sum of $200, and executed his notes for the deferred payments, and a mortgage upon said property to secure such deferred payments, other than the $1,000 note due in thirty days; that the sale and purchase was made and perfected in the law office of Brown & Harvey, in the city of Indianapolis, and the papers so as aforesaid executed were left in their care and under their charge; that afterwards, and within thirty days, the appellant went to said law office, and without right and without the knowledge of the appellee, obtained possession of said deed so executed as aforesaid, and took and [171]*171carried the same away, and has ever since retained possession thereof, and appellant also obtained possession of the notes and mortgage so executed to her, without the knowledge and consent of the appellee, and had retained possession thereof; that on the 19th day of September, 1887, the appellant, without right and without the knowledge of the appellee, executed and delivered to one William H. Brown her warranty deed to said described land, and placed him in the possession thereof; that by reason, etc., appellee was entitled to recover, etc.

The appellant answered in two paragraphs: First. General denial. Second. Set-off. Among the items claimed in the set-off was commission paid by appellant to a real estate agent for negotiating the sale of the real estate to the appellee; amount paid by appellant for abstract of title to said real estate; loss of interest on money which the appellee had agreed to pay appellant, etc.

The appellee replied by general denial..

The cause was tried by the court, resulting in a finding in favor of the appellee for $70, and over a motion for a new trial, judgment was rendered on the finding.

The case was appealed to the general term of the superior court, and the judgment rendered at the special term of said court was affirmed, with costs.

The error assigned in this court is “That the superior court in general term erred in affirming the judgment of the court in special term.”

We have not been favored with a brief from the appellee.

Under the first and second causes assigned in the motion for a new trial, to wit, that the decision was not sustained by sufficient evidence, and that the decision was contrary to law, the contention is made by the appellant that there was no evidence that entitled the appellee to recover the $200, or any part thereof paid to the appellant toward the purchase-price for the real estate; that the sum so paid under the terms of the contract of purchase became forfeited to the appellant, [172]*172and could not be recovered; that under the law, when applied to the evidence in the case, the finding and judgment should have been for the appellant.

It appears from the record that the trial court found in favor of the appellee as to the said sum of two hundred dollars, paid by him to appellant toward the purchase-price of said real estate, and allowed the appellant on her set-off the commission paid for the sale of the real estate, amount paid for an abstract of title to the property, which was delivered to the appellee and never returned, for interest on the money, and for expense because of a failure of the appellee to comply with his agreement, in all $130, and rendered judgment in favor of the appellee for the residue, the sum of $70, and costs of suit.

The evidence in this case shows the following facts : On the 28th day of May, 1887, the appellant, through her agent, sold the real estate described in the complaint to the appellee for the consideration of $2,200, payable as follows : $200 in cash, $1,000 in thirty days, $500 in one year, and $500 in two years, with six per cent, interest on deferred payments. Notes were to be executed for the deferred payments, and secured by mortgage on the real estate; the deed was to be executed at the time. In pursuance of this agreement the appellant made the deed to appellee, and appellee paid $200 in cash, and executed his notes and mortgage to secure deferred payments of the money paid. Appellant paid the real estate agent $76 for his commission in negotiating the sale of the real estate. The deed was to be .held back until the payment of the $1,000 was made in thirty days, and by agreement of parties the deed, mortgage and notes were placed in the hands of Brown & Harvey, attorneys, to be held by them until the payment was made of $1,000 due in thirty days. This payment was not made. A few days after the papers were left with Messrs. Brown & Harvey the appellant called on them and took into her possession said papers, including the deed, mortgage and notes. She after-[173]*173wards returned the mortgage and notes, but retained the deed. Matters remained in this condition without either party doing anything, or attempting to do anything, toward closing up the contract as originally entered into, the appellant still retaining possession of the deed, and leaving the notes and mortgage in the hands of her attorneys, while the appellee did not pay the $1,000 due in thirty days from the date of the transaction, or make any effort to do so, until the 5th day of September, 1887, when appellant caused her attorneys to address a letter to the appellee, saying : “ Mrs. Mary C. Lloyd has retained us in relation to a business transaction which she has with you, and has instructed us to say for her, in the premises, * that as you failed to pay the $1,000 note executed by you as a part payment for the real estate which you agreed to purchase from her on or about the 28th day of May, 1887, at the maturity thereof, and as the note is more than sixty days past due, and is still unpaid, and as the payment of said note was a condition precedent to the completion of the sale of said real estate, and was to have been paid on or before May 28th, 1887, she now considers that she is no longer either legally or morally bound to wait longer on you for the payment of said note, and she considers all negotiations between you for a sale and purchase of said land at an end.

If, however, you still want the real estate upon the terms agreed upon Miss Lloyd is willing that you should take it at any time within the next five days, viz., at any time before September 11th, 1887.

“You are notified if you do not close the trade and pay the $1,000, before September 11th, 1887, the trade will be finally off, and that the $200 will be forfeited to her, and that she will not thereafter deliver the deed to you.”

Upon the receipt of this letter appellee made demand through appellant’s attorneys for the $200 he had paid on the real estate, which was refused, and appellee was notified that appellant stood ready to carry out her agreement, and [174]*174that the deed was ready for him. He said he would not take the deed, and could not raise the $1,000.

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Related

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31 N.E. 1122 (Indiana Court of Appeals, 1892)

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Bluebook (online)
28 N.E. 232, 2 Ind. App. 170, 1891 Ind. App. LEXIS 146, Counsel Stack Legal Research, https://law.counselstack.com/opinion/lloyd-v-davis-indctapp-1891.