McKemie v. Cochran

1934 OK 715, 38 P.2d 566, 170 Okla. 17, 1934 Okla. LEXIS 660
CourtSupreme Court of Oklahoma
DecidedDecember 11, 1934
Docket23370
StatusPublished
Cited by3 cases

This text of 1934 OK 715 (McKemie v. Cochran) is published on Counsel Stack Legal Research, covering Supreme Court of Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
McKemie v. Cochran, 1934 OK 715, 38 P.2d 566, 170 Okla. 17, 1934 Okla. LEXIS 660 (Okla. 1934).

Opinion

OSBORN, J.

R. L. Cochran, hereinafter referred to as plaintiff, filed this action in the district court of Oklahoma county against Sue McKemie, hereinafter referred to as defendant, wherein it was sought to recover the sum of $500, as a broker’s commission which it was alleged plaintiff had earned in handling a transaction for the exchange of real estate. The cause was tried to a jury and a verdict, rendered in favor of plaintiff. From a judgment thereon, defendant has appealed.

' It appears that defendant, who owned certain real estate in the city of Gainesville, *18 Tex., conceived the idea of exchanging her property for an apartment house in Oklahoma City. Plaintiff was a real’ estate broker located in Oklahoma City and was called to the residence of a kinsman of defendant in Oklahoma City, and was there informed by defendant as to the nature of the property she desired to obtain in Oklahoma City. Plaintiff showed her an eight-family brick apartment located at 412 West 25th street in Oklahoma City, and she stated that said property was about what she wanted. Thereafter a contract was executed between defendant and the owners of the property which is as follows:

“Whereas, Mrs. Sue McKemie is the owner of the following described real estate, situated in the county of Cook, and state of Texas, to wit:
“ ‘A six-room frame house located at 619 South Denton street and a two-story brick store and office building located on the southeast corner of the square, both in the town of Gainesville, Tex., and for legal description, reference is made to the deed in the hands of the new owner.’
“Subject to the following mortgages: None
“All taxes general and special^ if any, shall be paid up to and including the year 1930, but* not thereafter.
“And whereas, C. E. Duffner and R. A. Cravens are the owners of the following described real estate situated in the county of Oklahoma, and state of Oklahoma, to wit:
“ ‘An eight-family brick apartment located at 412 West 25th street, Oklahoma City, and for legal description reference is made to the deed in the hands of the owner, together with all the furniture, fixtures, of whatsoever nature therein.
‘‘Subject to the following mortgage: One first mortgage, the balance due upon the principal is ($18¡800) eighteen thousand and eight hundred dollars bearing 6% interest annually.
“All taxes general and special, if any shall bo paid up to and including the year 1930, but not thereafter.
“Now therefore, this contract witnesseth, that for and in consideration of the stipulations and conditions herein set forth, that Mrs. Sue McKemie, party of the first part, hereby agrees with C. E. Duffner and R. A. Cravens, parties of the second part, as follows: That gaid first party will trade or exchange the aforesaid property as described and belonging to her, subject to the liens as above set forth, on her property, for the property described and set forth belonging to the said parties of the second part, subject .to the liens as above set forth on their property.
“It is further agreed by and between each of the parties hereto that the said party of the first part, shall pay to the parties of the second part, a difference in the sum of eight thousand seven hundred dollars ($8,700) payable as follows, to wit: Cash
“It is also agreed by each of the parties to this contract that complete abstracts of title, for each of the aforesaid properties shall be furnished, showing a good merchantable title, subject only to the liens as above enumerated and set forth. And in the event that one or both of the titles should show any defects, a reasonable time shall be allowed for the correction and perfecting of the same.
“It is also specifically agreed by each of the parties to this contract that they each will and shall pay to their authorized agent, R. L. Cochran, a commission of regular per cent., as their compensation; and that the collection of said commission by our said agent, shall in no wise be held invalid or illegal by any court of competent jurisdiction; we each of us, Mrs. Sue McKemie and C. E. Duffner and R. A. Cravens, hereby waiving any and all of our rights, under and by virtue of any law or laws, that may be in conflict with this contract, in reference to the collecting of commission.
“Possession of the property owned by party of the first part shall be delivered in the same condition as it now is on or before the 1st day of December, 1930, upon final closing of trade and exchange two deeds.
“Possession of the property owned by parties of the second part shall be delivered in the same condition as it now is on or before the 1st day of December, 1930. upon final closing of trade and exchange two deeds.
“Special Agreements
“It is agreed that there is a full set of furnishing for both apartments as was originally furnished; that all rents and insurance to be prorated.
“This offer not binding upon Mrs. Sue Mc-Kemie except it be accepted by parties of the second part on or before December 1, 1930.
“The terms of this contract, are to be complied with, and this deal closed on or be^ fore the first day of December, 1930, unless otherwise extended on account of perfecting title, as hereinabove recited.
“In witness -whereof, we hereto subscribe our names in triplicate, each party to this contract and the agent retaining a copy this 17th day of November, 1930.
“Witness: Grace J". Ward Sue McKemie
“Witness: R. L. Cochran O. E. Duffner.”

Plaintiff testified that when he prepared the contract he was under the impression that Duffner and Cravens were joint owners of the property, but after it was discovered *19 that the property was in the name of C. E. Duffner he considered it unnecessary to secure the signature of Cravens to the contract.

After the execution of the above contract, both parties submitted abstracts to R. R. Bell, an attorney who was satisfactory to defendant, and both titles were approved.

The record shows that on December 3, 1930, all of the parties met at the office of R. R. Bell, defendant’s attorney; that R. A. Cravens was present and offered to sign the contract of exchange of real estate, if necessary, and both Duffner and Cravens expressed a desire to complete the transaction. After some consultation defendant announced that she would defer her decision until the following day, and the meeting adjourned. On the following day defendant left, for her home in Washington, I). 0., and notified her attorney, R. R. Bell, to inform the other parties that she would not go forward with the trade. Upon her return to the state at a later date, plaintiff secured service of summons upon her in this action.

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

Related

Richardson v. Hill
1945 OK 311 (Supreme Court of Oklahoma, 1945)
Johnson v. Powers
1941 OK 80 (Supreme Court of Oklahoma, 1941)
First Trust Joint Stock Land Bank v. Ferguson
1940 OK 240 (Supreme Court of Oklahoma, 1940)

Cite This Page — Counsel Stack

Bluebook (online)
1934 OK 715, 38 P.2d 566, 170 Okla. 17, 1934 Okla. LEXIS 660, Counsel Stack Legal Research, https://law.counselstack.com/opinion/mckemie-v-cochran-okla-1934.