People's Insurance v. Straehle

2 Cin. Sup. Ct. Rep. 186
CourtOhio Superior Court, Cincinnati
DecidedApril 15, 1872
StatusPublished

This text of 2 Cin. Sup. Ct. Rep. 186 (People's Insurance v. Straehle) is published on Counsel Stack Legal Research, covering Ohio Superior Court, Cincinnati primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
People's Insurance v. Straehle, 2 Cin. Sup. Ct. Rep. 186 (Ohio Super. Ct. 1872).

Opinion

Yaple, J.

On and prior to January 31, 1870, the defendant in error, Straehle, owned a lease upon ground in Cincinnati, for twenty years from October 1, 1858, which lease was not, by its terms, renewable, and did not give the lessee the privilege of removing his improvements at the end of the term. Upon this ground, Straehle owned a [188]*188frame building, occupied by him as a mill and feed store, and'also a frame stable. In the mill he had machinery, engines, boiler, mills, tools, and fixtures, and a stock in trade, consisting of grain, etc. On January 31, 1870, he, for a premium paid of $117.25, took out a policy of insurance against fire, for one year, in the People’s Insurance Company, the plaintiff in error, in the amount of $3,350, distributed as follows: on building, $1,000; on stable, $100; on stock, $500; on machinery, $1,500 ; on two horses in the stable, $200; and on harness, $50. He had the privilege of effecting other insurance upon all the property, and availed himself of it. He effected, in the Citizens and Buckeye Insurance Companies, further insurance in the sum of $1,500 on the building, $2,500 on the stock, $1,500 on the machinery, making his insurance, in all, $8,750.

On June 30, 1870, he agreed with one Frederick H. Thiesing to exchange his lease, buildings, machinery, stock in trade, etc., for some twenty-nine acres of land, owned by the latter, near Newport, in Kentucky. Their agreement was in writing. Each was to make to the other a warranty deed, and to take immediate possession of the exchanged property, which exchange of possession took place accordingly, Thiesing selling the stock in trade as opportunity offered, and adding to it by purchases, as required by his business, and he has ever since continued in possession. Straehle took possession of the property in Kentucky.

Both Straehle and Thiesing swear that it was understood ' between them, that if the title of either should prove not to be clear, there should be no exchange, and that such term was not incorporated into the contract, by mutual mistake.

Christian Annis, who drew up the agreement, swears that there was no mistake in it, but he regards the legal effect of the agreement (and in this he may be correct) to be, that there should be no exchange if either party should be unable to give the other an unincumbered title.

The day following the agreement, Straehle, with an attorney, went to Kentucky, and examined the title to the [189]*189Thiesing land. They found it incumbered by a mortgage to one Ered. Lander for $4,200, to foreclose which a suit had been brought, and was then pending.

On July 4, 1870, the parties again met, and Thiesing promised to pay off this mortgage; whereupon the parties executed and acknowledged warranty deeds to each other, and, by agreement, the deeds were deposited, in escrow, with their attorney, Wendell Joachim, to be delivered to the parties when their titles were clear.

Some short time afterward, Straehle obtained the deed of Thiesing for the Kentucky property from Joachim, and procured it to be recorded, and then returned it to Joachim, who has ever since held both deeds. Thiesing did not know of, or consent to, Straehle’s taking the deed and getting it recorded.

On August 12,1870, the insured property was destroyed by fire, at which time there remained only about $300 worth of the stock Straehle had delivered to Thiesing. It was barley and rye. The building burned was worth from $2,500 to $2,800, and, with the machinery, some $7,000 to $8,000, or $9,000. Straehle notified the company of the loss. Shortly afterward it notified him that it would not pay the loss, as he did not own the property when the fire occurred. This excused Straehle from making any proof of his loss. He, on October 19, 1870, brought this suit, and recovered a judgment against the insurance company for $1,273.34 and costs, which judgment this petition in error is prosecuted to reverse.

The defendant, in' its answer, denied that, at the time of the loss by fire, the plaintiff had any insurable interest in the property, setting up the sale, etc., to Thiesing. It also claims in the answer that, if it be liable to the plaintiff because of any incumbrance, plaintiff could look to the property for, as against Thiesing, it, on payment, will be .entitled to be subrogated to plaintiff's rights; but it insists that plaintiff bought in the Kentucky property at a judicial sale upon the mortgage, and has since sold the same and [190]*190extinguished such lien, and destroyed defendant’s rights of subrogation.

The Kentucky property was sold at judicial sale, upon the mortgage, in January, 1871, for $3,200. The plaintiff purchased it, and, as is required there by law, gave his notes, with sufficient sureties, for the amount of the purchase money.

In June, 1871, the plaintiff sold it to one McMurray for $4,500, McMurray giving his notes for Sti’aehle’s purchase money notes, and a mortgage on Tennessee lands for the balance.

The evidence shows, though the fact is not stated in the pleadings, that, since the bringing of the suit, Thiesing has, at his own cost, rebuilt the property, and furnished it with machinery, so that it is now more valuable than it was at the time of the fire. It is also proved that, at the time'of the fire, and afterward, Thiesing had the money in his pocket to pay off the mortgage on the Kentucky property, but, after the fire, he chose not to do so, but applied it in rebuilding and replacing the buildings and property destroyed. If the plaintiff" be entitled to recover for anything at all, it is conceded that the verdict and judgment are not too large, even if his interest in the property was only to the extent of $4,200, the amount of the mortgage on the Kentucky property.

The controlling question in the case, then, is, whether, at the time of the fire, August 12, 1870, Straehle had any insurable interest remaining in this Cincinnati property?

Now, after the parties gave possession to each other, on July 1, 1870, the contract was still not fully executed, whether we consider Straehle’s Cincinnati property realty and personalty, or as all personalty. He had as yet no complete title to the Kentucky land, and if a good title could not be made to’ him for it, he had the right to a rescission of the entire contract, and then to the possession of his Cincinnati property, and to be compensated for such of his stock as Thiesing might have disposed of in the meantime, [191]*191subject to be set off, to that extent, by his use of the Kentucky property; nor had Thiesing a title to Straehle’s insured property. Where executory contracts for the sale or exchange of property are made, they can not be enforced, but will be rescinded, as against the party who can not make a good title, on discovery of any defect in the title. Then, on July 4, 1870, when Straehle had discovered the mortgage upon the Kentucky land, he was entitled to a rescission of the contract, and to be repossessed of all the property he had parted with the possession of, whether the contract was, or was not, that, if either party could not make to the other an unincumbered good title, there was to be no exchange. A contract to that effect, parol or written, could not have added to this right of annulling what had been done, and to be put in statu quo. On that day bo'th parties recognized this right on the part of Straehle, and they agreed to, and did, execute their respective Conveyances, and deliver them, in

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Cite This Page — Counsel Stack

Bluebook (online)
2 Cin. Sup. Ct. Rep. 186, Counsel Stack Legal Research, https://law.counselstack.com/opinion/peoples-insurance-v-straehle-ohsuperctcinci-1872.