Taylor v. Sayle

142 So. 3, 163 Miss. 822, 1932 Miss. LEXIS 91
CourtMississippi Supreme Court
DecidedMay 30, 1932
DocketNo. 30034.
StatusPublished
Cited by7 cases

This text of 142 So. 3 (Taylor v. Sayle) 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
Taylor v. Sayle, 142 So. 3, 163 Miss. 822, 1932 Miss. LEXIS 91 (Mich. 1932).

Opinion

*825 Smith, C. J.,

delivered the opinion of the court.

The appellants exhibited an original bill against the appellees praying that they be ordered to specifically execute a contract for the purchase by them of real property belonging to the two estates. The bill alleges and the evidence discloses that the appellants offered the land for sale at public auction, at which the appellees appeared and made the highest and best bid for the land, which the auctioneer accepted. Immediately thereafter the following written contract evidencing the sale was executed:

"Memorandum of Sale.

"Received from the buyer whose name appears below Sixteen hundred fifteen & no/100 ($1,615.00) Dollars on account of his purchase of real property known as Turkey Creek Place situated in Yalobusha County, Mississippi, and containing approximately 1430' acres of land together with all improvements thereon.

"It is agreed that the purchase price is $8,079.50 and the balance of $6,463.60 is to be paid in four equal annual installments bearing interest at the rate of six per cent '(6%) per annum, or in lesser time if the buyer prefers..

"Warranty Deed conveying a clear fee simple title to be delivered within thirty (30) days from the date upon which the undersigned buyer pays the said balance of the purchase price with interest as agreed.

"And it is further agreed that the above mentioned property is well known to the buyer and that he buys upon terms and conditions announced by the Auctioneer at the time of the sale.

"In witness hereof the buyer and seller have hereunto set their hand and seal this 8th day of November, 1929.

*826 “The Estate of Joseph and Edwin Newbnrger.

“B. L. Taylor

“Fanny T. Newbnrger

“Eobert J. Levy

“Sylvan Newbnrger

“Executors

“By Gerth Eealty Company

“D. B. Sayle &■ Jas. Boswell, Buyer

“Address: Coffeeville, Miss.

‘ ‘ Witness:

“Jessie Grant”

The bill alleges that the appellants intended to convey and the appellees intended to purchase the land “known as the Turkey Creek place on Turkey Creek except that part of the Newberger place on Turkey Creek lying west of Turkey Creek in the southwest quarter of section nineteen and the northwest quarter of section 30;” that the appellees thereafter declined to make any further payments for the land, although the appellants tendered to them a deed thereto. This deeds described the land by governmental subdivisions, and recites- that: “By this deed the parties of the first part intend to convey to- the parties of the second part all of what is known as the Turkey Creek place, except ninety-seven and seventy-five hundredths acres in the southwest quarter of section nineteen and northwest quarter of section thirty lying west of Turkey Creek, conveyed to Will Eeyno-lds.”

The prayer of the bill is that the appellees be directed to accept this deed and pay for the land in accordance with their alleged contract so to do.

The evidence discloses that the advertisement for the sale did not describe the land by name or governmental subdivisions or otherwise except as being a part of “the estate of Edwin and Joseph Newberger, situated in and near Coffeeville, Mississippi.” The terms on which the sale was to- be made were set forth in the advertisement as follows: “One-fifth your bid and auctioneer’s fee fifty cents per acre at time of sale, balance within four years. ’ ’

*827 The auctioneer testified that: “When the Turkey Creek, place was offered, I announced specifically that the land west of the creek had been sold before the auction and was not included in the Turkey Creek place. . . . I stated specifically that this originally contained (me thousand four hundred ninety acres but that the part west of the creek in sections 19 and 30 had been sold to Will Reynolds and was not included. I then called for bids for the remainder of Turkey Creek property on a basis of one thousand four hundred thirty acres. As I have already said, I made this announcement when the property was first offered and repeated it during the progress of the bidding and emphasized it again when the property was knocked down as follows, ‘Remember, this does not include the property beyond the creek.’ ” There was evidence corroborating this evidence of the auctioneer, and also evidence to the effect that no such announcement was made.

The auctioneer also testified that: “The total acreage of the Turkey Creek place was originally one thousand four hundred ninety acres, but from this there had been sold before the auction, a parcel estimated to contain sixty acres lying west of the creek and this was deducted from the acreage of one thousand four hundred ninety, leaving a net of one thousand four hundred thirty for which the buyers bid five dollars and sixty-five cents per acre, making a total of eight thousand seventy-nine dollars and fifty cents on account of which twenty per cent less a few cents was paid in cash. In addition to the cash deposit, the advertisements and terms of sale required that the purchaser pay me fifty cents per acre, auctioneer’s fee in addition to the bid price. This amount was collected from the purchasers in addition to the one thousand six hundred fifteen dollars. However, let me •make it very clear that this fifty cents per acre was no part of the purchase price and was no part of the down payment thereon, but was distinctly understood to be *828 paid to me as the auctioneer’s fee and was received as such. ’ ’

The evidence for the appellants is to the effect that they understood that the fifty cents per acre, the amount to cover the auctioneer’s hid, was part of the purchase price of the land to he paid hy them in addition to the amount hid per acre therefor. Five dollars and sixty-five cents per acre for one thousand four hundred thirty acres, the estimated acreage in the memorandum of the Turkey Creek place, amounts to eight thousand seventy-nine dollars and fifty cents, one-fifth of which is one thousand six hundred fifteen dollars and ninety cents.

The ninety-seven and seventy-five hundredth acres of land of the Turkey Creek place lying west of the creek is relatively of more value than most of the remainder of the Turkey Greek place.

The right of the appellants to sell the land as executors of the two estates is not challenged.

By a cross-hill the appellees prayed for the repayment to them of the two thousand three hundred dollars paid by them to the auctioneer at the time the memorandum of sale was executed and the money was expended hy them in making necessary improvements on the land.

The court below denied the prayer of the original bill, awarded the appellees on their cross-hill the one thousand six hundred fifteen dollars, referred to in the memorandum of sale, together with the value of the improvements placed hy them on the land, less the value to them of their use and occupation thereon.

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Bluebook (online)
142 So. 3, 163 Miss. 822, 1932 Miss. LEXIS 91, Counsel Stack Legal Research, https://law.counselstack.com/opinion/taylor-v-sayle-miss-1932.