Nations v. Stone

1923 OK 552, 217 P. 1031, 92 Okla. 18, 1923 Okla. LEXIS 754
CourtSupreme Court of Oklahoma
DecidedJuly 24, 1923
Docket11306
StatusPublished
Cited by10 cases

This text of 1923 OK 552 (Nations v. Stone) 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
Nations v. Stone, 1923 OK 552, 217 P. 1031, 92 Okla. 18, 1923 Okla. LEXIS 754 (Okla. 1923).

Opinion

Opinion by

JARMAN, C.

This action was commenced, in the district court of Pottawatomie county by Ella S. Stone against J. L. Nations and Mrs. J. L. Nations to recover possession of certain real property located in the city of Shawnee and for damages for the wrongful detention of the same. Judgment was rendered for the plaintiff, and the defendants have appealed.

The plaintiff claims title and the right to possession of said property by virtue of a warranty deed, executed by the National Bank of Commerce,' the former owner of said property, to the plaintiff. The defendants claim title to the property and to be entitled to possession thereof by virtue of a contract of sale of said property, entered into by and between the said National Bank of Commerce, hereinafter referred to as the bank, and J. L. Nations, which was prior to the deed executed by the bank to the plaintiff; and it is agreed that the plaintiff purchased the property with knowledge of said contract of sale. The contract of sale relied upon by 1he defendants consists, of certain letters and telegrams. At the time of these transactions, J. L. Nations was at Gotebo, Okla., engaged in the oil business, and his wife, Mrs. J. L. Nations, was at Shawnee. Okla. Negotiations were begun in the early part of 1919 by J. L. Nations with the bank for the purchase of this property. The bank priced the property at $4,400, and Nations offered $4,000 for it, and in a letter written by him to the bank on January 27, 1919, he insisted that the bank ought to let him have the property for less than $4,400, “especially for all cash, as it will be, if I am able to make this deal T have pending here.” On March 3, 1919, the bank wrote Nations, “If you close ' your deal within the next few days, we would be glad to make you a deed for this property for $4,400, provided we have not made a sale in the meantime.” On March 26, 1919, Nations sent a telegram to the bank stating: “If you have not sold, wait. Letter follows.” And then on April 11, 1919, Nations wirote the bank that he had not closed his deal, but it would go through — that this lease was very valuable on account of a big well that was brought in near his property, and stated. “It will be no trouble t<close a deal now,” and stated further: “I am going to take the Odell property, as per lour iagreement, $4,400., Please ha vie the people to move out at the expiration of 30 days, and have my family move in. I think I 'will have the check there next week; anyway I will not disappoint you in sending check soon.” On April 12, 1919, the contract for the sale of the property was. closed by the bank writing Nations a letter, advising him that his letter of April 11, 1919, was accepted as a guarantee of the purchase price of the property, “for the consideration of $4,400, to be paid! in cash,” and advised Nations that the occupants of the property would be notified to surrender possession, so Mrs. Nations could ¡move in. In keeping with the agreement, possession of the property wias surrendered to Mrs. Nations.

Tt is quite clear from the correspondence between these parties that the bank agreed to sell to J. L. Nations this property for a cash consideration of $4,400 which was to be paid by Nations as soon as he closed a certain deal he had pending and which was to be closed and the cheek for the $4,400 was to be sent to the bank “next week” or “soon”, as stated in his letter of. April 11. 1919.

(Nations did not close his deal and pay the consideration as contemplated in the contract, and on June 28, 1919, over two months! ¡after the contract was consummated. Nations wrote the bank, “I had to make a change here in my deal that I first, had pending, and in making the change, iit has taken more time than I first anticipated”; and stated further that he had sold 1,700 acres of his leases at $5 per acre, making $8,500, and had gotten the money, and that he had sold 1,000 acres at $2.50 per acre and had received $1,400 on this deal and would receive the balance in 20 days; and that he had a deal pending to sell 5,000 acres for $25,000 which would be closed in a few days, and stated that .iust as scon as this deal was closed he would pay the $4,400 for the property he bought of the b.ank, and on June 30, 1919, the bank, by letter, agreed to this. After waiting over two months and the consideration not being paid, the bank wrote Nations on Aug *20 ust 14, 1919, that he had waited a reasonable length of time and demanded payment of the consideration; and finally on August 27, 1919, the bank notified Nations by letter that unless the $4,-100 was paid on or before August 30, 1919, the contract would be considered as ended and possession of the property would bo demanded, together with tbe rental value thereof during the time Nations- occupied the same. Nations failed to comply with this request and never paid the consideration for the property, and no further extension of time for the payment thereof' was agreed upon by the parties or granted by the bank; and upon the failure of Nations to pay the $4.-400 within the time specified, the bank served notice on Nations for possession of the property and declared tbe deal between it and Nations at an end, and sold tlio property to tbe plaintiff, who subsequently filed this suit. A jury was waived and the case was tried to the court, a judgment was. rendered for the plaintiff for possession of the properly and for its rental value during the time the defendants had possession thereof, at the rate of $40 per month, being the amount agreed upon by tbe parties as the rental of said property.

Tbe defendants argue and rely upon three propositions for tbe reversal of this cause, to wit:

(1) “The evidence, introduced by both parties, established ia completed, and enforceable contract whereby tbe plaintiffs in error bought and took possession of, and tbe bank sold and delivered the possession of the property in question.”

(2) “Time is not the essence of a contract under the laws of Oklahoma, unless expressly stated in the contract.”

(3) “If no time is specified for the performance of the act required to be performed, a reasonable time is allowed.”

Under the first proposition, the defendants take the position that there was a complete and enforceable contract made and entered into between the parties, whereby tbe bank sold to the defendants the property in question and placed them in possession thereof, and was to execute to the defendants a deed to said property upon the payment of $4,400, the consideration therefor, which was to ho paid when the defendants closed a certain deal they had pending. The defendants contend that by virtue of said contract they own the equitable . title to said property and are entitled to a deed upon tbe payment of the purchase price; and that an action in ejectment cannot be maintained by the plaintiff.

The contract between the hank and the-defendants, which was completed by the letter -written -by tbe bank on April 12,. 1919, is purely an executory contract, wherein the' bank was to execute a deed to said property upon the payment by the defendant of $4,400, the consideration, “next week” or “soon.” The defendants defaulted in the payment of the purchase price as-agreed upon and, therefore, the plaintiff may maintain an action in ejectment against the defendants. In discussing this proposition, the court, in the case of Lons-dale v. Reinhard, 74 Oklahoma, 170 Pac. 924, held:

“A vendor may maintain an action in.

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Cite This Page — Counsel Stack

Bluebook (online)
1923 OK 552, 217 P. 1031, 92 Okla. 18, 1923 Okla. LEXIS 754, Counsel Stack Legal Research, https://law.counselstack.com/opinion/nations-v-stone-okla-1923.