Roburt v. Holmes

248 S.W. 646, 213 Mo. App. 195, 1923 Mo. App. LEXIS 18
CourtMissouri Court of Appeals
DecidedMarch 5, 1923
StatusPublished
Cited by1 cases

This text of 248 S.W. 646 (Roburt v. Holmes) is published on Counsel Stack Legal Research, covering Missouri Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Roburt v. Holmes, 248 S.W. 646, 213 Mo. App. 195, 1923 Mo. App. LEXIS 18 (Mo. Ct. App. 1923).

Opinion

ARNOLD, J.

This is a suit in equity, instituted by Thomas Roburt, as plaintiff, against defendants jointly to compel specific performance of a real estate contract, to recover the sum of $5,000, and to charge with vendee’s lien in favor of plaintiff two separate tracts of land, one belonging to defendant Walton H. Holmes, being lot 105, block 8, McGee’s Addition to Kansas City, Missouri, and the other belonging to Conway F. Holmes, being lot 106, same block and addition. The lots are 49% feet each in width and are adjacent. The south line of lot 106 is 99 feet north of the northeast corner of Fourteenth and Walnut streets, and lot 105 joins it immediately on the north.

On January 26,1920, plaintiff entered into a written contract for the purchase from Conway F. Holmes of lot 106, above described, at the price of $80,000, of which $5,000 was to be paid at the signing of the contract and to be deposited with J. M. Clark; $20,000 to be paid in cash on delivery of the warranty deed, and. the balance of $55,000 to be represented by notes secured, by deed of trust on the lot. The contract was to be closed and deed delivered not later than March, 1920.

On the same date a similar contract was entered into between plaintiff and Walton H. Holmes for the purchase *197 of lot 105, for $70,000, of which. $1,000 was to be paid on signing of the contract and deposited with J. M. Clark; $19,000 to be paid upon delivery of the deed on April 1,1920, and the balance to be represented -by notes secured by deed of trust on the lot. Each contract contained the following forfeiture clause:

“If the seller has kept his part of this contract, by furnishing good title as herein provided, and the buyer fail to comply with the requirements within five days thereafter, then the money deposited as aforesaid is forfeited by the buyer, and this contract may or may not be thereafter operative at the option of the seller. Time is of the essence of this contract.”

The petition charges that plaintiff called upon defendant Conway F. Holmes on March 1, 1920. “and asked for a change in the terms of the contract made with him, described herein, so as to enable him.to pay $5,000 in cash on that date to said defendant, Conway F. Holmes, and the balance of the required cash payment within 15 days thereafter. This was acceptable to said Conway F. Holmes, but when payment of said $5,000 was-to be made, the defendant Walton H. Holmes asked that the check be made payable to himself and his co-defendant, Conway F. Holmes, jointly. Said defendant further requested plaintiff to make and execute to them respectively, notes called for by the terms of said two contracts, described herein. Plaintiff states that on March 1, 1920, he paid $5,000 on, as he understood, the contract made by him with defendant Conway F. Holmes.”

Plaintiff states that defendants have cashed said check so made payable to both of them and that “they wrongfully withhold from him the said sum of $5,000, together with said notes and deeds of trust.”

The petition further alleges that a few days later plaintiff and his wife executed the two sets of notes and that, thereafter, on March 10, 1920, in pursuance of the agreement with defendant Conway F. Holmes, he tendered to him $10,000 on that contract, but that *198 Conway F. and Walton Holmes, confederating together, and to force him to consummate his contract with Walton, claimed that the $5,000 paid on March 1, was. paid $2500 to each of them, on account of their separate contracts; and so confederating, Conway refused to accept the $10,000 tendered March 10, on account; that on April 21, he tendered Conway F. Holmes $20,000 which, with the $5,000 paid March 1, and two notes for $27,500 each, aggregated the $80,000 purchase price of lot 106; hut that Conway refused to accept said $20,000 and the notes and to convey the lot.

The petition further alleges that J. M. Clark did not cash the checks of $1,000 and $5,000 for the initial cash payments and that defendants knew that Clark did not cash them; that plaintiff has received nothing for his $5,000 paid on March 1, nor for the notes and deeds of trust; that other persons were interested with him in the contracts, hut that they have assigned to him all their rights in said contracts and said sum of $5,000; that defendants each hold $2500 of said sum, claiming the same as part payment for the real estate owned by each of them respectively.

The prayer is for specific performance of the contract with Conway F. Holmes and judgment against both defendants for the $5,000 paid on March 1, 1920, and that plaintiff may be given a lien on both lots respectively for said sum of $5,000 and interest; that defendants be enjoined from negotiating the notes and be directed to deposit them in court; and that the same be ordered cancelled.

The defendants answered jointly by general denial, and, as further defense and cross petition, admit the execution of the contracts, copies of which are attached to plaintiff’s petition, and allege that, at the same time and as part of the same transaction, it was verbally agreed between the parties that plaintiff would carry out both contracts, and would not carry out one without also carrying out the other; that he made out and de *199 livered to be cashed, two checks, one for $1,000 on the Walton Holmes contract and one for $5,000 on the Conway F. Holmes contract; that he represented and stated that he had money in the bank against which the checks were drawn and that the same would be paid out of such money; that they were delivered to J. M. Clark to be by him cashed and the money held as part payment on the contracts; that the checks were not good; that plaintiff did not have the money in the bank to pay said checks; that defendants had no knowledge that the checks were not good, and that they relied on such representations; that on or about March 1, 1920, defendants, believing that said checks had been cashed by Clark and that he had the money therefor in his hands, the plaintiff, under the terms of the Conway F. Holmes contract, being obligated to make the balance of the payments thereon and complete the purchase, but being unable to do so, came to defendants and requested an extension of time until April 15, 1920, on both purchases, and agreed that if such extension were granted on both contracts, he would pay an additional $5,000 to apply one-half on each contract; that defendants agreed to such extension, with the further agreement that both contracts be closed at the same time, and neither without the other; and if not so done, the $5,000 then paid should be forfeited as liquidated damages, in addition to the other deposits of $1,000 and $5,000 respectively; that plaintiff agreed to these conditions but that he failed to carry out his contracts and agreements in respect to the $5,000 deposit of March 1, 1920; that defendants, on May 15, 1920, notified plaintiff that notwithstanding his failure to perform his said obligations they were willing to convey to. him both properties together on or before June TO, 1920; that time was of the essence of said contracts and that plaintiff had wholly failed to complete his purchases. The prayer is for the quieting of the respective titles.

Plaintiff’s reply is a general denial and, as special *200

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Cite This Page — Counsel Stack

Bluebook (online)
248 S.W. 646, 213 Mo. App. 195, 1923 Mo. App. LEXIS 18, Counsel Stack Legal Research, https://law.counselstack.com/opinion/roburt-v-holmes-moctapp-1923.