Snyder v. Wilder

84 So. 104, 146 La. 811, 1919 La. LEXIS 1538
CourtSupreme Court of Louisiana
DecidedJune 2, 1919
DocketNo. 22484
StatusPublished
Cited by6 cases

This text of 84 So. 104 (Snyder v. Wilder) is published on Counsel Stack Legal Research, covering Supreme Court of Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Snyder v. Wilder, 84 So. 104, 146 La. 811, 1919 La. LEXIS 1538 (La. 1919).

Opinions

PRÓVOSTY, J.

[1] The object of this suit is to compel specific performance of the ágreement of the defendant, Wilder, to transfer and assign to plaintiff certain oil leases as appears by the following contract:

“Articles of agreement made and entered into this day by and between A. E. Wilder, of Homer, La., party of the first part, and J. Y. Snyder, of Shreveport, La., acting as trustee, party of the second part:
“The said A. E. Wilder, party of the first part, agrees ■ to transfer and assign certair leases he holds and owns in and around Homer, La., approximating- 20,000, twenty thousand acres, as per map now in possession of said Snyder and more clearly represented as land included-in first and second hatched lines. The said Wilder further agrees to secure leases on all of the other land within or extending into the said hatched lines as far as possible as shown on said map and to include in said transfer or assignment such leases, up to the completion or abandonment of first test well.
“In consideration of such assignment and transfer said Snyder agrees to pay said Wilder two hundred and fifty dollars ($250.00) in cash, and one thousand dollars from the proceeds of the first leases sold. On all other leases which said Snyder may sell the said Wilder shall receive one-half of the money received and one-half of any excess royalty which may be reserved by the said Snyder, except that after said Wilder has been paid $1,000.00, as above provided, then the next $10,000.00, ten ' thousand dollars, received for the sale of leases may. be applied to the drilling of a deep test well.
“On any leases not sold by said Snyder, but upon which said Snyder shall develop oil or other production, the said Snyder agrees to reserve and pay to said Wilder one twenty-fourth excess royalty.
“In ease said Snyder shall after development sell all of the remaining holdings in bulk, then the said Wilder shall receive 10 per cent, of the proceeds of such sale, and said Wilder shall after the receipt of said 10 per cent, proceeds relinquish his excess royalty of one twenty-fourth on said property in bulk so sold.
“The said Wilder further agrees to appoint and constitute the said Snyder his fiscal agent for certain leases held by the said Wilder outside of the hatched lines shown on said map, or which may hereafter be taken by said Wilder outside of such hatched lines up to the production or abandonment of the first test well. The said Wilder agrees that the said Snyder shall receive 50 per cent, of proceeds of all sales of said leases together with 50 per cent, of all excess royalties.
“Said Wilder agrees to have re-signed any leases now held not conforming to the lease blanks furnished by said Snyder, so that all leases under this agreement will eventually be taken on the blank forms furnished by said Snyder.
“Said Snyder further agrees that ho will begin operations for the drilling of a deep test well within 60 days after said Wilder has transferred and assigned to' said Snyder all the leases which Wilder can secure within the hatched lines shown on the map before referred to.
“Wherever this agreement refers to or mentions ‘Snyder’ it is understood to mean J.' Y. Snyder, trustee, and wherever this agreement refers to ‘Wilder’ it is understood to moan A. E. Wilder.
“The said J. Y. Snyder, trustee, has this day paid the said A. E. Wilder-, the sum of two hundred and fifty dollars ($250.00), the receipt of which is hereby acknowledged, being the $250.00 due A. E. Wilder under the provisions of paragraph S, page 1, of this agreement, and the failure of J. Y. Snyder, trustee, to carry out the other terms of this agreement shall act as a forfeiture of this $250.00 and nullify this agreement as to both parties.
“Thus done and signed by both parties to this agreement in presence of attesting witnesses, this 14th day of September, 1916.
“A. E. Wilder.
“J. Y. Snyder.”

An exception of no cause of action was overruled, below. It was based on the supposed vagueness of the description of the leases to be transferred. The leases were all of record, and hence for identifying them as between the parties a mere reference to them was sufficient. In the petition they [815]*815are described with, particularity. Tbe exception was properly overruled.

[2] Tbe answer denies separately every allegation of tbe petition, and tben pleads specially tbat tbe $250 mentioned in tbe contract was earnest money, and tbat, in consequence, tbe defendant was at liberty to withdraw from tbe contract by paying to plaintiff double that amount. Tbe trial court sustained the defense and ¡gave plaintiff judgment for $500, and dismissed the demand for specific performance.

Defendant answered the appeal, praying tbat the exception of no cause of action be sustained, and that otherwise tbe judgment be affirmed. We understand this to be a prayer that tbe judgment for tbe $500 be affirmed in tbe event tbe exception of no cause of action is not sustained.

We will affirm tbe judgment, but not for tbe reason of tbe said $250 having been earnest money; for in our opinion it was not. Tbe obligations evidenced by tbe contract were to be performed successively. First it was to be tbe payment of $250; tben tbe transfer; then tbe other obligations. Tbe $250 having been paid, tbe transfer has in regular order to be made. What may or may not have to be done hereafter is a matter in tbe future, and not involved in the present suit. It is a bridge to be crossed when come to. Tbe $250 was all that was required to be presently paid or done in order tbat tbe making of tbe transfer should become absolutely and immediately obligatory. It was tbe entire consideration tbe payment or tbe performance of which was to precede tbe making of tbe transfer. It was tbe total price to be paid until tbe transfer ■should have been ma,de. It could not therefore have been earnest money, since earnest money is tbe payment of a part of tbe price, either for binding tbe contract (“Quod ante pretium datur et fidem facit contractus faeti, totiusque pecunia» solvendse”), or, in tbe in-tendment of Code, art. 2463, for retaining tbe liberty “to recede from tbe promise.” Smith v. Hussey, 119 La. 38, 43 South. 902. How could Snyder recede from paying tbe amount required for obtaining tbe transfer when be bad already paid it in full? , His other obligations were only to be performed after-wards. It is only with tbe transfer we are concerned in this suit. Specific performance is not asked of anything else, non con-stat that any trouble would ever arise in connection with tbe other obligations of tbe contract.

Tbe ground on which we think tbe judgment has to be affirmed is. tbat, owing to- tbe insufficiency of tbe description of tbe leases in tbe contract, the recording of the contract was not sufficient registry to bring notice to third parties, and tbat at tbe time tbe present suit was filed and tbe notice of lis pendens recorded Wilder had already transferred most of tbe leases to tbe Atlas Oil Company, thereby putting it out of bis power to make tbe transfer to plaintiff.

The present suit was filed and tbe notice of its pendency was filed for registry on November 23, 1916.

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Bluebook (online)
84 So. 104, 146 La. 811, 1919 La. LEXIS 1538, Counsel Stack Legal Research, https://law.counselstack.com/opinion/snyder-v-wilder-la-1919.