Speed v. Speed

49 S.E.2d 588, 213 S.C. 401, 1948 S.C. LEXIS 109
CourtSupreme Court of South Carolina
DecidedSeptember 30, 1948
Docket16134
StatusPublished
Cited by24 cases

This text of 49 S.E.2d 588 (Speed v. Speed) is published on Counsel Stack Legal Research, covering Supreme Court of South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Speed v. Speed, 49 S.E.2d 588, 213 S.C. 401, 1948 S.C. LEXIS 109 (S.C. 1948).

Opinion

Fishburne, Justice:

This suit was brought by the respondent, W. R. Speed, against the appellant, Mrs. Georgia O. Speed, to enforce the specific performance of an alleged contract made by the appellant with respondent, whereby she agreed to sell to him her undivided three-tenths interest in the Speed Drug Store property in the city of Abbeville.

The testimony in the case was taken before the circuit judge at his chambers. The respondent introduced evidence to substantiate the allegations of his complaint. Appellant offered no testimony, so that in passing upon the issues pre *404 sented, the circuit judge had before him the complaint and answer, together with the evidence offered by respondent. In due time he filed his decree, in which he decided all issues in favor of respondent.

The main question on this appeal is whether the writings, consisting of two letters signed by appellant, constitute such a memorandum of a contract for the sale of appellant’s undivided interest' to respondent as satisfies the requirements of the statute of frauds. The statute, Code, Section 7044, provides that all contracts to sell or convey land shall be void “unless the agreement upon which such action shall be brought, or some memorandum or note thereof, shall be in writing, and signed by the party to be charged therewith, or some person thereunto by him lawfully authorized.”

The property in question is in shape a parallelogram, and is located in the city and county of Abbeville. It fronts on the public square and extends back to Church Street. There is located on the front, abreast with the sidewalk, a brick, store building, behind which there is a wooden warehouse and a little wooden building on Church Street. The buildings in question take up the entire width of the lot.

The property was formerly owned by Dr. P. B. -Speed. He conducted a retail drug store in the building fronting on the public square until the time of his death, after which the property descended to his widow, Mrs. Althea O. Speed, and their four-children. Between the date of his death.and that of his widow, three of their foür children died, so that upon the death of the widow, Mrs. Althea O. Speed, on December 5, 1945, the interests of the surviving heirs, supplemented by devises under the will of Mrs. Speed, were as follows: The respondent, W. R. Speed, and the appellant, Mrs Georgia O. Speed, widow of respondent’s deceased brother, each became the owner of an undivided three-tenths interest in the drug store property. T. M. Marchant and P. S. Marchant, grandchildren, became the owners j ointly of an' undivided three-tenths interest therein, and Blanche R. Speed, the widow of *405 another deceased brother of respondent, became the owner of an undivided one-tenth interest.

On the evening of December 5, 1945, the four above named tenants in common entered into an oral agreement for the sale of the property. The appellant, Georgia O. Speed, and T. M. Marchant, P. S. Marchant, and Blanche R. Speed agreed to sell their interests in the property in question to the respondent, W. R. Speed, and he agreed to purchase, on the basis of the appraised value of the property. An appraisal was subsequently made by duly appointed appraisers in connection with the administration of the estate and the value of the property was fixed at $12,000.00. Subsequent to the oral agreement, and some time prior to September 16, 1946, the appellant became dissatisfied with the agreement previously entered into with the respondent. This dissatisfaction resulted in further negotiations between appellant and respondent, terminating in the offer by respondent to pay the .appellant an additional sum of three hundred dollars to cover a portion of the cost of certain improvements made on the store building by appellant during a previous occupancy thereof by her. On the basis of the appraised value of $12,-000.00, the appellant under this agreement was entitled to three-tenths of -this amount, to wit, $3,600.00, plus the additional sum of $300.00, making a total of $3,900.00.

In response to respondent’s offer, he received from- appellant, who lived in Greenville, South Carolina, the following letter under date of September 16, 1946, addressed to him at Abbeville, where he resided :■

“Dear Bill,
“Mr. Edwards was here last week and told me of your offer for the store, on the basis of $12,000.00 for the store and $300.00 on the loan. This will suit me and you can let me know when you have the papers ready.
Best-wishes to all,
Georgia.”

*406 Within 90 days thereafter (during the latter part of November, 1946), the respondent offered to comply with the terms of this agreement. He sent to Mr. P. S. Marchant, who also lived in Greenville, a deed to the drug store property which recited by way of preamble the oral agreement originally entered into, with the request that Marchant and his brother, T. M. Marchant, execute it and take it to appellant for her signature. The consideration stated in the deed to be paid appellant did not include the additional sum of $300.00 which had been agreed upon. When the deed was presented to her, appellant demurred to executing it, stating to Mr. Marchant that she and respondent had an agreement whereby he was to pay her $300.00 more. This matter was taken up with respondent by Mr. Marchant, and within two weeks he took the deed back to appellant with'respondent’s personal check for $300.00, and requested her to sign it. She declined to execute the deed, and told Marchant that she “did not feel like she could sign the deed, and that she would work it out with Bill, that she would get in touch with him.”

All of the other tenants in common complied with the oral contract referred to, on the basis of the appraisal, and duly executed and delivered a deed to respondent conveying to him all of their undivided interest in the Speed Drug Store property, as a result of which the respondent became the owner (along with the interest he already owned) of an undivided seven-tenths interest.

The record shows no further communication between the parties until August 21, 1947, when appellant wrote the following letter to respondent:

“Greenville, S. C.,
“9A Davenport Apts.,
“August 21, 1947.
“Dear. Bill,
I have tried time and time again to sell you my interest in the Speed Drug Store property in Abbeville, or to purchase your. interest but up to this time my efforts have *407 amounted 'to nothing. I now have a definite offer to purchase my interest on the basis of $16,000.00 and the interested parties are willing, as I understand, to purchase your interest and that of all the others, on the same basis.
“However, the party who has negotiated for the purchase of the property does not wish to close the deal until I have given you the privilege to purchase my interest on the same basis and neither am I willing to sell until after you have been given such privilege.

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Bluebook (online)
49 S.E.2d 588, 213 S.C. 401, 1948 S.C. LEXIS 109, Counsel Stack Legal Research, https://law.counselstack.com/opinion/speed-v-speed-sc-1948.