Locklear v. Tucker

203 P.2d 380, 69 Idaho 84, 1949 Ida. LEXIS 209
CourtIdaho Supreme Court
DecidedFebruary 17, 1949
DocketNo. 7428.
StatusPublished
Cited by16 cases

This text of 203 P.2d 380 (Locklear v. Tucker) 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
Locklear v. Tucker, 203 P.2d 380, 69 Idaho 84, 1949 Ida. LEXIS 209 (Idaho 1949).

Opinion

PORTER, Justice.

By his complaint in this action the plaintiff alleges that the plaintiff and defendants, Dudley G. Tucker and Nona E. Tucker, entered into a written contract on December 11, 1946, reading as follows:

“Earnest Money Receipt and Option “Dated December 11, 1946.
“Received of A. N. Locklear, of Boise, Idaho, hereinafter called Purchaser, the sum of Four Hundred Fifty and no/100 ($450.00) Dollars, as earnest money and in part payment for the purchase of the following described real estate situate in Canyon County, State of Idaho, to-wit:
“The East Half (Ei/£) of the Southeast Quarter (SEJ4), the South Half (Sj4) of the Northeast Quarter (NEJ4), and all of the Northwest Quarter (NW*4) of the *86 Northeast Quarter (NEJ4) lying South and West of the Right of Way of the Oregon Short Line Railroad Company, and all of the East Half (El/2) of the Northwest' Quarter (NWJ4) lying South and West of the Right of Way of the Oregon Short Line Railroad Company, all in Section 23, Township 5 North, Range 5 West of the Boise Meridian, Canyon County, Idaho, excepting therefrom the Right of Way of the Oregon Short Line Railroad Company, as now located.
“which we, Dudley Tucker and Nona Tucker, husband and wife, have this day sold tc the purchaser for the sum of Ten Thousand Four Hundred Fifty and no/100 ($10,-450.00) Dollars, on the following terms, to-wit:
“The sum of $450.00 as hereinabove receipted for, and the balance of $10,000.00 to be paid upon acceptance of title and delivery of Abstract of Title showing good and merchantable title in Dudley Tucker, “provided, however, that this sale is dependent upon the consummation of a loan of Eight Thousand and no/100 ($8,000.00) Dollars, to be obtained by purchaser, and should this loan for any reason fail to materialize or be turned down, then and in that event the purchaser shall have no obligation under this contract, and shall be entitled to the return of the sum of $450.00, which he has this day paid on the purchase price.
"A marketable Abstract of Title from a reliable abstract company is to be furnished the purchaser forthwith, and purchaser shall have 10 days within which to reject or accept the title as shown by the abstract.
“Seller agrees to pay all taxes and assessments of whatsoever kind or nature that may be due on said premises, and all interest on all encumbrances up to date at which legal possession shall be given, and also to convey by good and sufficient warranty deed, free and clear of all liens and encumbrances to date, except bonded indebtedness.
“For and in consideration of the sum of $1.00, and other ' valuable consideration, hereby acknowledged, seller hereby extends to purchaser the option to purchase that certain property situate in Canyon County, State of Idaho, located in Section '24, Township 5 North, Range 5 West of the Boise Meridian, bounded on the West by the North and South section line between said Section 24 and Section 23, bounded on the North and East by the railroad tracks, and bounded on the South by Cole Slough, consisting of approximately ninety-six acres, for the sum of $2,000.00. Sellers agree that they will give purchaser sixty days notice of their intention to sell the property, and at any time within said sixty days, purchaser may buy the same for the said sum of $2,000.00, by paying $500.00 then and the balance to be paid in three equal yearly installments of $500.00 each. The unpaid balance on the purchase price shall bear interest at the rate of Five Percent per annum, interest to be paid annually.
*87 “Should puixhasers fail to exercise their option within the sixty days as herein provided, sellers may then convey said property free and clear of this option.
“This option to purchase shall be dependent upon the consummation of the purchase of the property first described in this instrument, and should such sale for any reason not be consummated, then this option shall be of no force and effect. If purchaser exercises his option to purchase as herein provided, the sellers agree that they will place in escrow a deed to this property, conveying the same to the purchaser, together with a contract embodying the terms of this option, with some reliable escrow holder, said deed to be delivered upon the payment of the entire balance of the purchase price.
“Dudley G. Tucker
“Nona Tucker”

The contract was duly acknowledged by Dudley G. Tucker and Nona Tucker. Beneath the acknowledgment the contract reads:

“For valuable consideration, I hereby agree to the terms and conditions .of the foregoing earnest money receipt and option.
“A. N. Locklear
“Purchaser”

The complaint further alleges, so far as material to this decision, that the provisions of the contract with reference to the purchase of the lands first described therein have been fully carried out and such lands conveyed to the plaintiff who is now in possession thereof. That on or about July 7, 1947, the defendants, Dudley G, Tucker and Nona E. Tucker, attempted to sell and convey the lands described in the option portion of said contract to the defendants, Sidney G. Tucker and Jessie E. Tucker; and for such purpose duly made and acknowledged a warranty deed so conveying such lands, which deed was duly placed of record on July 14, 1947. That the defendants, Dudley G. Tucker and Nona E. Tucker, failed, refused and neglected to give the plaintiff any notice of their intention to sell and convey said lands in violation of their covenant so to do contained in the option portion of the contract.

That on July 16, 1947, and within sixty days after the recording of said deed, the plaintiff exercised his option by tendering to the defendants, Dudley G. Tucker and Nona E. Tucker, the initial payment of $500 on the purchase price of the lands described in the option and requested said defendants to place a deed in escrow as required and provided in said option contract. That the said defendants refused said payment and do now refuse the same and refuse to perform their covenants in respect to the land described in the option. That the plaintiff now and at all times mentioned, has been ready, able and willing to pay the said sum of $500 as required to exercise his option and require performance.

That the defendants, Sidney G. Tucker and Jessie E. Tucker, attempted to pur *88 chase and obtain title to the lands described in the option with full knowledge that the same had been optioned to the plaintiff and with full knowledge of all the facts alleged in connection therewith. The plaintiff prays that the deed to the defendants, Sidney G. Tucker and Jessie E. Tucker, be declared null and void; and for specific performance enforcing the contract with respect to the option provisions thereof.

The defendants, Dudley G. Tucker and Nona E. Tucker, filed a general and special demurrer to the complaint. Likewise, the defendants, Sidney G. Tucker and Jessie E.

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Cite This Page — Counsel Stack

Bluebook (online)
203 P.2d 380, 69 Idaho 84, 1949 Ida. LEXIS 209, Counsel Stack Legal Research, https://law.counselstack.com/opinion/locklear-v-tucker-idaho-1949.