Streeter v. Archer

176 N.W. 826, 46 N.D. 251, 1920 N.D. LEXIS 2
CourtNorth Dakota Supreme Court
DecidedFebruary 11, 1920
StatusPublished
Cited by6 cases

This text of 176 N.W. 826 (Streeter v. Archer) is published on Counsel Stack Legal Research, covering North Dakota Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Streeter v. Archer, 176 N.W. 826, 46 N.D. 251, 1920 N.D. LEXIS 2 (N.D. 1920).

Opinions

Grace, J.

This is an action to compel the specific performance of a certain alleged contract, relative to certain real property. On account of the uncertainty as to the real nature and meaning of the contract, it is deemed advisable to set it forth in full. It is as follows:

“For and in consideration of the sum of $1 to ine in hand paid, and other valuable consideration received by me from the second party, I, the subscriber, as first party, hereby offer to sell and convey by warranty deed or by contract for deed to J. B. Streeter, of Devils Lake, North Dakota, as second party, the following described premises for [253]*253the sum of $11,000, purchase price, on the following terms, viz.: Two thousand dollars upon acceptance of this option by second party, balance payable, $2,000, ninety days after date of first payment, and balance of $7,000, if desired, can be on one half of the crop contract now held by me on within described land, which contract provides that I •shall turn in one half the crop each year until the land is paid for and ■draws 7 per cent interest; to wit, the south half of the northeast quarter and lots one and two of section 4, and the west half of the northwest quarter of section No. 3, in township No. 153, N., of range No. 65, in Ramsey county, North Dakota, together with all crops on above-described lands, should first party harvest the crop on within land, said second party or the purchaser of the land is to pay him for work of harvesting, hauling, or whatever work is done by first party in caring for the harvesting and marketing of all said crop.

“An abstract of title to said above-described property showing marketable title in first party, at his own cost and expense, shall upon request be furnished at once to second party.

The said second party shall have at least six.months within which to accept this proposal, and thereafter until said first party shall give second party written demand that said proposal be accepted within ten days from date qf the service of such demand upon said second party, and unless so accepted this proposal shall become null and void, provided that said abstract, if so requested, shall have been furnished at the time (showing good and marketable title) or prior to such demand.

“On account of second party being to continually large expense in •advertising and maintaining his organization and general expenses in his business of getting his proposed buyers for land, said first party ■agrees to maintain to prospective purchasers the asking price said second party may put on within described property, and to help along said ■second party’s sale of same.

“All payments of purchase price shall be made under this optional offer at the offices of J. B. Streeter, Inc., and as soon as made shall-be construed to be an acceptance of this offer by the second party without •further notice.

“The second party on making the payment of purchase, as aforesaid, may deduct therefrom the amount of whatever is required to pay off call encumbrances against said premises, and the first party agrees to [254]*254execute at once and deliver to the said J. B. Streeter, Inc., to be delivered to the second party, together with said abstract, a warranty deed or contract for deed of said premises, or to whomsoever second party shall direct, as grantee, the consideration expressed in which deed or contract for deed shall be such sum as second party shall direct, and turn over the possession of the same to the second party or his assigns. Said first party also agreeing to assign without cost any and all insurance there may be on within-described px-operty at date of this option or taken out subsequent thereto, assigning same to whoever said second party may direct, and delivering all said insurance papers or policies with the deed or contx-act as above provided for.

“On acceptance of this offer by the second party, and on furnishing the abstract of title showing good and marketable title in first party, and executing the deed of conveyance by the first pax-ty, as aforesaid, and not before, the said J. B. Streeter, Inc., shall pay over to the first party the money paid it as pxxrchase price as aforesaid.

Dated this twenty-eighth dav of May, 1918.
“Witnesses:
“Charles E. Archer,
“E. W. Cunningham.
“Hattie Archer.”
“C. A. Stotlar.”

The defendants’ had purchased, by contract for deed, from George Meiklejohn, in the year 1912, the land ixx controversy, for $12,000, $4,700 of which was to be paid down, and $7,300, the balance, to be paid by the delivery to Meiklejohn, of one half of the crops to be raised upon the land in the succeeding years. It was further provided that the defendaxxts could make no valid assignments of tho premises or any part thereof, or of said contract, unless the consent of the first party (Meiklejohn) should be indorsed on or attached to the contract or pledge, if any, etc.

J. B. Streeter is a real estate dealer, residing at Devils Lake. There wex-e two corporations bearing his name; namely, J. B. Streeter, Inc., and The J. B. Streeter Corporation.

The alleged contract in controversy is between Charles E. Archer and Hattie Archer, his wife, and J. B. Streeter as an individual. ■ It is signed by the defendants only.

The defendants claim it was procured from them, by the plaintiff, [255]*255through fraud and trickery. The defendants, who lived on the farm and farmed it for more than six years, claim that, in May, 1918, while the defendant was seeding, J. B. Streeter, the president and general manager of the two corporations, organized for the purpose of dealing in real estate, came to his farm to list the same for sale. At that time, there was no agreement made. Archer claimed that he told them he would sell the farm for $12,000, and pay commission of $1,000, for sale of the same.

On May 28, 1918, J. B. Streeter sent out one of the employees of the corporation, and got Mr. Archer to come into the office. They went into Streeter’s private office, where Archer again told Streeter the terms upon which he would sell. The defendant claims that J. B. Streeter yjas carrying on a campaign for the sale of real estate, in the name of j. B. Streeter, Inc.; that there was a large electric sign out in front, with that name on it, and the name appeared in large letters on the windows.

lie claims from that, and from what Streeter had told him, he thought he was dealing with J. B. Streeter Corporation. Nothing was said as to the time the listing contract would expire. Streeter drew up and prepared a contract, and procured Mr. Archer’s signature to it without bim reading it over, and on the same day the wife signed it without reading it over. No consideration of any kind was paid at the time of the signing of the contract. The defendant received no copy of the same, and thought he was signing a listing contract.

Sometime prior to July 15, 1918, Archer went to see Streeter, and no buyer for the land, up to that time, had been procured. Between the 15th and 20th of July, 1918, Cunningham and Stotlar, employees of the corporations, brought out the first party to look at the land, neither of whom wished to buy it.

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Cite This Page — Counsel Stack

Bluebook (online)
176 N.W. 826, 46 N.D. 251, 1920 N.D. LEXIS 2, Counsel Stack Legal Research, https://law.counselstack.com/opinion/streeter-v-archer-nd-1920.