Rader v. Adamson

16 S.E. 808, 37 W. Va. 582, 1893 W. Va. LEXIS 8
CourtWest Virginia Supreme Court
DecidedFebruary 1, 1893
StatusPublished
Cited by22 cases

This text of 16 S.E. 808 (Rader v. Adamson) is published on Counsel Stack Legal Research, covering West Virginia Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Rader v. Adamson, 16 S.E. 808, 37 W. Va. 582, 1893 W. Va. LEXIS 8 (W. Va. 1893).

Opinion

English, President :

Previous to tbe year 1877, Ilenry J. Fisher, sold and conveyed a tract of land containing nine hundred acres, more or less, situated on the Middle Fork of Reedy, in tlie county of Roane, to one W. II. Moore, in consideration of the sum of five thousand five hundred dollars which purchase-money was to be paid in installments with interest, and a vendor’s lien was retained to secure the payment thereof. On the 19th day of February, 1877, the said W. H. Moore and wife sold and conveyed, with general warranty, to Joshua F. Parish, one hundred and eighty acres of said tract of [583]*583land, for tlie sum of two thousand two hundred and fifty dollars and retained a vendor’s lien to secure the payment of said purchase-money. On the 20th day of February, 1877, the said W. IT. Moore also sold, toD. S. Cottle, another parcel of said tract supposed to contain one hundred and fifty acres. On the 2d day of October, 1877, said Joshua F. Parish sold and conveyed to William A. Fouty sixty one acres of his one hundred and eighty-acre tract, retaining a vendor’s lien ; and on the Gth day of April, 1878, said Parish conveyed to N. B. Armstrong, the appellant in this case, one hundred and twenty acres, being the residue of said one hundred and eighty-acre tract sold him by said Moore, and retained a vendor’s lien on said one hundred and twenty acres to secure the unpaid purchase-money, amounting to nine hundred and thirty five dollars for which three notes were given by said Armstrong to Parish — one for three hundred and thirty five dollars due March 1, 1880; one for three hundred dollars due March 1, 1881 ; and one for three hundred dollars due March 1, 1882 — and said Parish assigned and transferred said three purchase-notes executed to him by said Armstrong to one S. B. Ra-der.

Previous to September 22, 1880, said'D. S. Cottle, to whom said W. II. Moore sold said one hundred and fifty acres of land, placed in the hands of George J. Walker, an attorney at law, certain claims and notes for collection, which, when collected, were to be applied in payment of said Cottle’s purchase-money to said Moore, and to be paid over to said II. J. Fisher upon the purchase-money due from said Moore to Fisher on the entire tract of nine hundred acres. Said notes were collected by said Walker, and the entire net amount so collected was paid over to said Fisher on said Moore’s purchase-money, and, after crediting said amount and other amounts paid by said Moore, a large balance yet remained due said Fisher on said nine hundred-acre 'tract; and said Fisher brought a suit in equity, in the Circuit Court of Roane county, against said Mooi-e, Fouty, Cottle, Parish, Armstrong, and others, to subject said land to the payment of the residue of the purchase-money due him, in which suit a decree was rendered [584]*584directing a sale of said entire nine hundred-acre tract by Charles E. Iiogg, special commissioner, which sale was made in the month of March, 1881, by said special commissioner, one Thomas Adamson becoming the purchaser, at the sum of six thousand five hundred dollars, which sale was confirmed by said Circuit Court on the 17th day of March, 1881.

On the 16th day of March,1881, an agreement in wilting was entered into between said Adamson, Cottle, Armstrong, Iiader, and Parish, which reads as follows :

“Article of agreement between Thos. Adamson, of the first part, and J. P. Parish, D. S. Cottle, N. B. Armstrong, and S. B. Rader, parties of the second part. Whereas, said party of the first part has purchased the tract of nine hundred acres of land sold under decree of the Circuit Court of Roane county in the equity suit therein pending, wherein II. J. Fisher is plaintiff and W. II. Moore dais., are defendants; and whereas, said J. F, Parish purchased of W. Ii. Moore one hundred and eighty acres of said land, and D. S. Cottle one hundred and fifty seven and one half acres of said land of said Moore, and said N. B. Armstrong purchased of said Parish one hundred and twenty acres of said Parish’s purchase of said land, and said Rader holds, by assignment from said Parish, said Armstrong’s notes for the purchase-money for his purchase, to the amount of nine hundred and thirty five dollars — that is, he liolcls six hundred and thirty five dollars and Jno. Matson holds a three hundred dollar note, which said Rader assigned to him; and whereas, said Parish placed in the hands of Geo. J. Walker, Esq., sundry notes and claims to be collected and applied to the payment of said Parish’s indebtedness, and to be applied on the payment of said Moore’s indebtedness to Ií. J. Fssher for the tract of land first aforesaid: Now, this agreement witnesseth that the receipt of said Walker for said notes and claims is to be assigned and turned over to said A damson, and the money mentioned therein is to be paid to said Adamson, who is to credit the amount of money .that he may receive therein on the indebtedness of said Parish for the unpaid purchase-money of his said tract of land according to his contract with said Moore; and, if [585]*585said contract is not complied with within twelve months, then said N. B. Armstrong may pay off and discharge said Parish’s contract, and the money that he may have to pay shall be a credit on his notes to said Parish for his purchase of the tract of land aforesaid; and, if he has to pay more than the amount of his indebtedness for unpaid purchase-money, then, upon the payment of the unpaid purchase-money indebtedness of said Parish for his said tract of one hundred and eighty acres of land, said Adamson is to convey to said N. B. Armstrong said tract of one hundred and eighty acres of land free from any lien of the judgment of Perry Moore against said W. II. Moore ; and, if the amount that said Armstrong may have to pay is less than the amount of his indebtedness on his purchase, then he is to pay that residue to the assignee of said Parish ; and upon the payment of the same said Adamson is to convey to said Armstrong said one hundred and twenty acres of land free from the lien of the said judgment, and is to convey the residue, sixty acres, to said Parish ; and said Nader is to dismiss his suit against said Armstrong in the Circuit Court of Roane county, but said dismissal is not to impair the lien of the said Rader on said Armstrong’s land. And it is further agreed that said D. S. Cottle is to pay to said Adam-son the unpaid purchase-money for his said tract of one hundred and fifty seven aud one half acres of land according to his contract with said Moore, and upon the payment of the same to said Adamson, according to the terms of the said agreement, in full, said Adamson is to convey to said Cottle said tract of one hundred and fifty seven and one half acres free from the lieu of the judgment aforesaid; and, if said Armstrong shall not be required to pay to said Adamson to the amount of his indebtedness for said land purchased by him, then there shall be a lien on his said land for the amount he may not have to pay Adamson as aforesaid. And it is further agreed that, if said Adamson shall fail to collect and receive from the said Walker the amount of the notes and claims so placed in the hands of said Walker by the said Parish in the time aforesaid, then the said N. B. Armstrong shall be permitted to pay what shall remain unpaid on the purchase-money which the said [586]*586Parish owes the said W. II.

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Bluebook (online)
16 S.E. 808, 37 W. Va. 582, 1893 W. Va. LEXIS 8, Counsel Stack Legal Research, https://law.counselstack.com/opinion/rader-v-adamson-wva-1893.