Riley v. Norfleet

148 So. 777, 167 Miss. 420, 1933 Miss. LEXIS 122
CourtMississippi Supreme Court
DecidedJune 12, 1933
DocketNo. 29714.
StatusPublished
Cited by2 cases

This text of 148 So. 777 (Riley v. Norfleet) is published on Counsel Stack Legal Research, covering Mississippi Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Riley v. Norfleet, 148 So. 777, 167 Miss. 420, 1933 Miss. LEXIS 122 (Mich. 1933).

Opinion

Cook, J.,

delivered the opinion of the court.

The appellant, Mrs. Ada Norfleet Riley, on behalf of herself, and as guardian and next friend of her two minor children, James L. Riley, Jr., and Octavia Riley, filed a bill of complaint in the chancery court of Tunica county, against her brother, J. P. Norfleet, seeking to enforce specific performance of a conditional contract for- the sale of her interest, and that of her two minor children, if any they had, in six separate tracts of Mississippi Delta lands therein particularly described. A demurrer was interposed to the bill, and thereupon an amended bill was filed naming J. P. Norfleet, his brother, Cecil M. Norfleet, and his two sisters, Mrs. Eugenia N. Cronkrite and Mrs; Wilson N. Felder, as defendants. To this amended bill, J. P. Norfleet and his sister, Mrs. Eugenia N. Cronkrite, interposed separate demurrers which were sustained, and, from the decree sustaining these demurrers, this appeal was prosecuted.

The contract, specific performance of which was sought, was executed by and between J. P. Norfleet and Mrs. Riley on July 27, 1928, and thereby Mrs. Riley agreed, to *428 sell, and Mr. Norfleet agreed to buy, an undivided one-fifth interest of Mrs. Riley in all of the lands therein described, and all personal property located on and used in connection with either or all of said tracts of land, including the crops and rents for the year 1928, and also including her undivided one-fifth interest in and to the trust created by a conveyance in trust made by Mrs. Riley’s father, F. M. Norfleet, all for a consideration of one hundred twenty thousand dollars, of which five thousand dollars was paid upon the signing of the contract, and the balance was payable in installments to be evidenced by the promissory notes of J. P. Norfleet, secured by deed of trust on the interest in said land conveyed by Mrs. Riley. The contract further recites:

"It is the opinion of both the parties hereto- and of their counsel that what is known in Mississippi as the ‘two-donee’ statute applies to the limitations on the interest of Mrs. Riley obtained in the above described tracts by virtue of the will of her brother, Cham Norfleet, and by virtue of the conveyance made in trust by her father, and by virtue of the will of her father; and that under such statute, the limitations over the title to such lands are void; and Mrs. Riley agrees to join, when and if requested by counsel for Mr. Norfleet, with other persons interested or in her own name or as guardian for her children, as may be determined, in appealing any decision of the. trial court of Tunica county, Mississippi, to the supreme court -of the state of Mississippi, so- that there may be a final determination of the application or non-application of said statute; Mrs. Riley further agrees that if the supreme court of Mississippi should not hold that said ‘ two-donee ’ statute applies and should hold that the limitations over are good, then Mrs. Riley, for herself and on behalf of her descendants, shall apply to the proper court in Mississippi to- authorize her to make this sale and to reinvest the proceeds for the use of herself and for the use of the said remainderman.
"If the supreme court should hold that the limitation over of her interest in any of said lands is a valid linjita *429 tion, and it should become impossible to obtain an order of the court permitting a sale and reinvestment for the benefit of the said remainder interest, then this contract shall terminate and the respective interests of the parties shall be as follows:
“Mrs. Riley shall retain five thousand ($5,000) dollars paid her and shall accept such interest as may be awarded her in the partition suits now pending in Tunica county, Mississippi, and the accounting herein agreed to shall be accepted as final.
“It is, however, further understood, contracted, and agreed that in the event aforesaid Mrs. Riley shall be unable to deliver title to all the parcels set aside to her, that J. P. Norfleet agrees and binds himself to lease her interest in all such lands and personal properties for and during the period of five (5) years next after January 1, 1929, at and for an annual rental of six thousand ($6,000) dollars per year, payable on or before December 31st of each year, said six thousand ($6,000) dollars to be net to Mrs. Riley, the said lessee to pay all taxes and to keep the property in as good repair and the live stock and farm equipment equal in value as they shall be on January 1, 1929.
“It is further agreed between the parties hereto that a. decree shall be entered in the partition suits now pending in Tunica county, Mississippi, on or about Ahigust 1, 1928, decreeing partition, decreeing the respective interests of the parties, and appointing commissioners to make partition; and that said decrees shall also construe the said trust instrument made by P. M. Norfleet and the will of the said, Cham, Norfleet.
“It is also agreed by Mrs. Riley that when the courts, by virtue of the ‘two-donee’ statute, or by virtue of authorizing her to sell for reinvestment and she is given or has the right and authority so to do, she will execute a general warranty deed, or deeds, conveying her interest in all of the above described property to' J. P. Norfleet, or designee, upon the payment of the remainder of the cash consideration and the execution of the notes and *430 trust deed above described. Said Norfleet signing said notes whether title taken in his name or in the name of any person designated by him.
“When Mrs. Ada Lea Riley sells and conveys all of said property to J. P. Norfleet, or his designee, in accordance with the above and foregoing agreements, then J. P. Norfleet agrees to assume and pay Mrs. Riley’s one-fifth of the losses, if any, for the operation of said properties herein conveyed during the year 1928, and also' to pay her one-fifth of all state and county taxes for the year 1928, on said property, and also to pay all amounts, if any, which might be due by Mrs. Ada Lea Riley to Sledge & Norfleet Company or to J. P. Norfleet, trustee, from the operations of the properties which J. P. Norfleet has heretofore held as trustee, and he • shall exonerate her interest in all of the above described property of any and all claims or liens existing against said trust as of date December 31, 1928'; and J. P. Norfleet shall likewise be entitled to all of the profits, rents, and accounts, if any, from the operations of said properties for the year 1928, or prior thereto; and Mrs. Riley will relinquish any and all claims which she has against the said J. P. Norfleet, individually or as trustee, growing out of the operation of any or all of said properties; and J. P. Norfleet, individually, and as trustee, will cancel all claims which he has against Mrs. Riley growing out of the operation of said properties; and J. P. Norfleet further agrees, when said properties are conveyed to him as above provided, to pay all court costs in said partition suits .and other proceedings that may be found necessary to prosecute that might otherwise be chargeable against Mrs.

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Bluebook (online)
148 So. 777, 167 Miss. 420, 1933 Miss. LEXIS 122, Counsel Stack Legal Research, https://law.counselstack.com/opinion/riley-v-norfleet-miss-1933.