Mecaskey v. Dunlap

276 S.W. 944
CourtCourt of Appeals of Texas
DecidedOctober 28, 1925
DocketNo. 2535. [fn*]
StatusPublished
Cited by2 cases

This text of 276 S.W. 944 (Mecaskey v. Dunlap) 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
Mecaskey v. Dunlap, 276 S.W. 944 (Tex. Ct. App. 1925).

Opinions

RANDODPH, J.

This is á suit for specific performance of a contract of sale, brought by the appellant Mecaskey, who will hereinafter be styled plaintiff, against Eli Dunlap and W. E. Dunlap, hereinafter designated defendants. The trial court sustained a general demurrer to plaintiff’s petition, and, plaintiff refusing to amend his petition, the court dismissed the case.

Plaintiff’s petition, after formal averments, substantially alleges as follows:

That the plaintiff and defendant Eli Dunlap, on or about the 6th day of February, 1923, entered into written contract, of that date, agreeing to exchange certain lands, and attached to said petition a copy of the contract as an exhibit, further alleging that, by the terms of said contract, defendant Eli Dunlap agreed to convey to plaintiff his certain described lands in Deaf Smith county, together with certain cattle, hogs, and personal property, fully describing all such property; that by the terms of said contract the plaintiff agreed to convey to the defendant Eli Dunlap his land in Denton and Wise counties, setting out the same as described in the contract by name and location, and alleging said contract was drawn in Deaf Smith county, where a better or legal description was not available, and then setting out the description thereof by patent numbers and by field notes to each' named place.

The petition further ’ alleged that at the time the contract was made there was an indebtedness for the principal sum of $15,000, secured by deed of trust lien on the said Wise county land, and that there was a deed of trust on the Denton county land securing a note originally' for the principal sum of $12,000, but that, at the time said contract was made, the principal of said note had been reduced by payment to the' sum of $9,600, and the said contract provided that the defendant Eli Dunlap should and would assume the ■ payment of the said note for $15,000 against the Wise county land, as well as the $9,600 against the Denton county land; that the said loan for $15,000 bears interest at the rate of 7 per cent, per annum, and that,, prior to and at the time the contract was made, plaintiff represented and stated to the defendant that said respective loans bore interest at said respective rates; that the original note for the $12,000 loan which had been reduced to $9,600, was executed and dated December 1, 1914, by Mahala Foster to- the John Hancock Mutual life Insurance Company, due January 1, 1925, and was secured by deed of trust on said Denton county land, executed by Mahala Foster to Frank H. Robinson, as trustee, as set out in the petition and was duly recorded; that the principal of said $Í2,000 note has been reduced as above stated, and all the interest paid to January 1, 1924; that, under the assumption of said debt by defendant Eli Dunlap; it was the duty of said defendant to pay all interest that accrued thereon after the date *945 of the contract, but tbat be refused and failed so to do and plaintiff was compelled to pay same; tbat tbe note for $15,000 was executed by C. L. Williamson and wife on December 1, 1922, and duly recorded; tbat, although said note recites that it bears interest at tbe rate of 6 per cent, per an-num from its date, in truth and in fact it bears interest at the rate of 7 per cent, per annum, 1 per cent, of said interest tbat said principal note should bear having been, at tbe time said principal note was' executed, for tbe convenience of the parties, evidenced by an interest note executed by tbe makers of said principal note and payable to the Texas Earm Loan Mortgage Company, and which said interest note was secured by & deed of trust on said Wise county land to said Farm Loan Mortgage Company, and which was duly recorded ; that the said interest note was to bear interest from its date at the rate of 6 per cent, per annum, and was payable in installments, as fully set out; tbat tbe deeds of trust securing tbe payment of said interest note and tbe $15,000 note, were all executed at one time and were all one and tbe same transaction, arid said deeds of trust each recited that tbe interest note was given as a part of tbe interest on tbe said principal note; that it was defendant Eli Dunlap’s duty under tbe contract and his assumption to pay all interest accrued on said $15,000 note after the date of the contract, which be refused to do, and plaintiff was compelled so to do, setting out tbe payments made by him ; that defendant Eli Dunlap bad breached his duty under the contract by disposing of the cattle, bogs, and feed, and has been using tbe tools and farm implements, damaging them greatly, detailing such claim for damages.

Plaintiff further alleges that defendant has been in possession of the land in Deaf Smith county and asks for rents, and tbat, under said contract, plaintiff was to assume payment of each of two certain notes, payable to the Missouri State Life Insurance Company, each for tbe sum of $2,750, secured by deeds of trust on tbe Deaf Smith county land, and that the interest thereon has never- been paid, and that defendant Eli Dunlap should be made to account for the accrued interest on said note; that defendant Eli Dunlap has applied for a loan of $4,000, against one section of said land and such contract provided that, if said loan was not completed in time to consummate such contract, the said Dunlap agreed to procure an extension of same and to carry same for a period of one year, at 7 per cent, interest, but plaintiff charges tbat, after said contract was entered into, tbe said loan was renewed by said Eli Dunlap, tbe renewal of which was completed on or about February 18, 1923, for tbe principal sum of $4,000, and secured by a deed of trust on said section, executed by said W. E. Dunlap, in whose name such section was then being held in trust for the benefit of defendant Eli Dunlap,-and same was duly recorded; tbat the said $4,000 note bore interest from the date of its execution at tbe rate of 6 per cent, per annum, and, no part of said interest having been paid, defendant Eli Dunlap should be required to account to plaintiff for the accrued and unpaid interest on said note; tbat the crops on tbe Denton and Wise county land, grown during tbe year 1923, were harvested and marketed by plaintiff, and plaintiff, after deducting all reasonable and necessary expense for so doing, received the sum of $1,500, which plaintiff charges was the reasonable value of said crops, and that tbe expense for harvesting: and marketing same was $1,500.

Plaintiff further alleges tbat tbe contract provided that, as .to”tbe difference between the value of the properties exchanged by the parties, the plaintiff should pay to the said Eli Dunlap the sum of $3,900 in cash and execute his note to said Eli Dunlap for tbe sum of $5,-000, due 6 months from tbe date the contract was to be consummated and was to bear interest from its date at the rate of 8 per cent, per annum, which cash has never been paid to said Dunlap, nor the note executed, for tbe reason tbat said Dunlap has refused to consummate said deal and accept the same; tbat, while the title to said section 69 is in tbe defendant W. E.

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

Related

Miles Realty Co. v. Dodson
8 S.W.2d 516 (Court of Appeals of Texas, 1928)
Moore v. Krenek
288 S.W. 580 (Court of Appeals of Texas, 1926)

Cite This Page — Counsel Stack

Bluebook (online)
276 S.W. 944, Counsel Stack Legal Research, https://law.counselstack.com/opinion/mecaskey-v-dunlap-texapp-1925.