Pyatt v. Lyons

51 N.J. Eq. 308
Supreme Court of New Jersey·Decided June 15, 1893·Published·Cited by 4 cases

Opinion

The opinion of the court was delivered by

Abbett, J.

The bill in this case was filed for specific performance of a contract for the sale of lands. On December 12th, 1891, Mrs., Pyatt and Mrs. Wait, two of the defendants below, believed themselves and were supposed to be the owners in fee of a lot of land located at the corner of Nassau and Witherspoon streets, in' Princeton. The lot in question was twenty-two feet six inches-in width on Nassau street, with a building thereon, which extended over upon and encroached three feet eleven inches upon Witherspoon street. On that date Mrs. Wait gave to Ollie H. Hubbard, a real estate broker, a memorandum signed by her in the names of Wait and Pyatt. This memorandum is headed “Property of Mrs. Wait and Pyatt for sale or exchange.”' Under the head of description it says:

[309] “1. Situation, corner Nassau and Witherspoon streets, Princeton, N. J. 2. Size of house and lot, 13 rooms, lot 22¿x 129. 3. Price, $8,500. Amount in cash, all. 8. Possession given April 1st, 1892.

The agreement says that on December 12th, 1891—

“ I have placed in the hands of and under the control of Ollie H. Hubbard, ■of Princeton, New Jersey, for the term of-months, the above-described premises, and for his work in the matter I hereby agree to pay him the sum of-dollars, price aforesaid, the following commissions, viz.: Five per ■cent, on the first two thousand dollars, and two and a half per cent, on the ■excess thereof.
“ Signed, Wait and Pyatt.
“ Signed and sealed in the presence of A. A. Wait.”

On February 12th, 1892, Hubbard entered into an agreement ■with James J. Lyons, 'which says—

“An agreement between Ollie H. Hubbard, for Mrs. Emma Pyatt, of New York city, and Mrs. Mary F. Wait, of Princeton, Mercer county, New Jersey, of the first part, and James J. Lyons, of Princeton aforesaid, of the •second part, witnesseth, that the said Emma Pyatt and Mary F. Wait, for the consideration of eight thousand five hundred dollars, to be paid as hereinafter mentioned, doth agree with the said James J. Lyons that they will convey, with covenants of general warranty and against encumbrances, to the said James J. Lyons, his heirs and assigns, on or before the first day of April- next •ensuing, all that tract and lot of land and premises situate on the comer of Nassau and Witherspoon, in Princeton aforesaid, and known as the Henry B. Duryee property, and numbered 90 Nassau street.
“And the said James J. Lyons, for himself, his heirs, executors and administrators, doth covenant, promise and agree to and with the said Emma Pyatt and Mary F. Wait, their heirs and assigns, that he, the said James J. Lyons, ■shall and will, on executing the said conveyance, pay or cause to be paid to the said Emma Pyatt and Mary F. Wait, their heirs or assigns, the said sum ■of eight thousand and five hundred dollars, as and for the purchase-money of the said premises, as follows:
“The sum of five hundred dollars when this agreement is signed, and the remaining eight thousand dollars when the deed is delivered; and it is further agreed that the said James J. Lyons shall have full possession of the said premises as soon as the said deed had been delivered, subject, nevertheless, to the conditions and covenants of a certain lease made by and between Emma Y. Pyatt and Mary F. Wait and Bachel and Mary A. Harvey, for one year at twenty-three dollars per month ” &c. It also states, “ and for the due performance of all and singular the covenants and agreements aforesaid, the said Emma V. Pyatt and-Mary F. Wait and James J. Lyons do bind themselves, [310] their heirs, executors and administrators and assigns, in the sum of five hundred dollars, firmly by these presents, the said sum to be considered as liquidated damages.”

The witness clause states that the parties to these presents have interchangeably set their hands and seals thereto the date first above written. It is signed by Ollie H. Hubbard and James J. Lyons, without a seal. There were also two extensions of time on said agreement, for the performance thereof, the first to April 11th, and the second to May 18th. Five hundred dollar’s were paid Hubbard by Lyons at the date of the execution of the agreement.

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Pyatt v. Lyons, 51 N.J. Eq. 308 (N.J. 1893).

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