Waldo v. Lockard

148 N.W. 510, 96 Neb. 490, 1914 Neb. LEXIS 86
CourtNebraska Supreme Court
DecidedJuly 11, 1914
DocketNo. 17,486
StatusPublished
Cited by4 cases

This text of 148 N.W. 510 (Waldo v. Lockard) is published on Counsel Stack Legal Research, covering Nebraska Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Waldo v. Lockard, 148 N.W. 510, 96 Neb. 490, 1914 Neb. LEXIS 86 (Neb. 1914).

Opinion

Reese, C. J.

This, is an action for the specific performance of the exchange of properties between plaintiff and defendant. The pleadings are. of considerable length, and we will make-no effort to set them out in full. A written memorandum [491]*491of an agreement was entered into between the parties, as follows:

“Agreement. Sale of Real Estate. This indenture made this 9th da.y of September, 1910, hy and between O. W. Loekard, party of the first part, and H. E. Waldo, party of the second part, witnesseth: That the party of the first part has this day sold to the party of the second part the following described real estate, to wit, described in Memo B herewith attached, together with all appurtenances thereto attached, for which the party of the second part agrees to pay the sum of one dollar and other consideration described in Memo A herewith attached. The party of the first part is to furnish a warranty deed, a good and sufficient abstract of title, pay all taxes assessed against said land, and will give possession according to Memo B. In testimony whereof, the parties aforesaid have subscribed their names to (the date) above mentioned. O: W. Lockard, H. E. Waldo. Witness, Fred A. Ouscaden..
“Memo B. It is agreed that in invoicing each party choose an invoicer and all questions of unmarked goods to be left to said appraisers. Bldgs. 2 lots, 7 and 8 and 10 and lots 5-6 in block 8 — 6000.00. W back lots — 100.00. Lumber at invoice price. General merchandise at invoice price. Hardware at invoice price, freight added. Coal at invoice price. Possession of property to pass at invoice time, not earlier than Oct. 10, 1910, or soon thereafter. Waldo agrees to furnish relinquishment, in case he cannot, then he agrees to pay $2,500 forfeit to C. W. Loekard. 1 agree to this stated inventory. H. E. Waldo. Witness, Fred A. Ouscaden.
“Memo A. 2 sec. of land 1 deed as follows, Sec. 25-22-9, 1. relinquishment, S. %, S. Sec. 13, N. %, Sec. 24 and S. E. bi Sec. 24, all in 22, 9; 4 head horses, 2 brood mares, 2 mare colts, 10 head young cows, harness, all machinery belonging to place, consisting of 2 mowers, 2 rakes, 1 sweep, 1 stacker, 1 riding cultivator, 1 walking cultivator, 2 disks, 1 harrow, 1 wagon, 2 hayracks, feed grinder, small forge, also all of the hay except 10 ton, and all my share of the corn, except 500 bu. to be husked by Waldo, O. W. [492]*492Lockard to deliver share of corn on school section to lessee (1/3) of'crop. O. W. Lockard.”

A short time after signing of the agreement, the parties agreed to execute deeds and leave them in escrow with the Ericson State Bank, to he delivered by the bank to the proper grantees upon the completion of the invoice and delivery of the personal property. The deeds were accordingly executed September 26, 1919. It is alleged that plaintiff has performed all the conditions on his part to be performed, including the release of the homestead of 649 acres of land, and the filing thereon by defendant; that he caused his deed, together with the personal property mentioned in the contract, to be tendered to defendant, and demanded an. invoice and a like transfer by defendant, but that his demand was refused. The prayer of the petition is for specific performance of the contract.

Defendant answered denying all unadmitted allegations of the petition; admitting the execution of the agreement for the exchange of properties, that plaintiff procured a relinquishment of the homestead entry of 649 acres of land, and defendant filed his homestead entry thereon, that the deeds were executed as alleged and placed with the Ericson State Bank to be held subject to the orders of the parties; alleging that defendant Mary C. Lockard executed the deed signed by her without any consideration therefor, that lots 7 and 8, in block 8, in Ericson, are and were the family homestead of defendants, and the deed therefore is, for that reason, void, and that the said agreement for the exchange was not signed by her. A trial was had to the district court, which resulted in a number of special findings, all of which are in favor of plaintiff, followed by a decree for specific performance. Defendants appeal.

It is not deemed necessary to set out the findings and decree at length, as it would extend this opinion beyond the usual and necessary limits. Among other things, it is ordered that the personal property be invoiced and the invoice returned into court within 39 days, which, it is claimed, is unusual and beyond the power of the court. [493]*493Other provisions and findings of the decree are objected to, which will be briefly noticed. It is contended by appellants that “the contract shown by the evidence is not sufficiently definite and certain to sustain the decree,” and 6 Pomeroy, Equity Jurisprudence (3d ed.) sec. 746, is quoted to the effect that “for specific performance is required that degree of certainty and definiteness which leaves in the mind of the chancellor or court no reasonable doubt as to what the parties intended, and no reasonable doubt of the specific thing equity is to compel done.” So far as this proposition is concerned, there is no specific stock on plaintiff’s then farm particularly described; but the evidence of plaintiff is to the effect that the stock on the farm was known by defendant, and the number of head of horses and cattle specified in the contract, and of the known quality, were left upon the farm when plaintiff was ready to surrender possession and when he actually removed therefrom, so that in that regard plaintiff complied with his contract. It is true that the defendant’s stock of goods and other personal property in and about his store, lumber and coal yards were not invoiced; but the stocks were particularly named, and the quantity of each were to be subject to invoice for the purpose of ascertaining the value, the surplus of value, if any, to be paid for by plaintiff, and, if the invoice fell short of the agreed value, the deficiency to be made up by defendant. The contract was entered into the 9th day of September,. 1910. The method of making the invoice was agreed to, and it was stipulated that the possession was to pass upon the completion of the invoice, not earlier than October 10 of the same year. The value of the real estate of both parties was agreed upon. Plaintiff agreed to release tO' defendant his homestead entry on 640 acres of land, the same to be taken by defendant, and to deed to him a section of land to Avhich he held the title. Plaintiff duly released his homestead entry, and defendant filed thereon, and, so far as is shown by the record, still holds his homestead right to the land. The deeds were subsequently executed, leaving blanks for the statement of the consideration to be [494]*494filled in after the completion of the invoice, both parties being present at the notary’s office when the deeds were written, and each signed and acknowledged before the notary (each party and his wife signing the deed to be executed by them), and the deeds were placed in the bank in escrow for final delivery upon the completion of the invoice and filling the blanks as to consideration. This was done in furtherance of the agreement of September 9.

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Related

Crawford v. Carter
37 N.W.2d 241 (South Dakota Supreme Court, 1949)
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10 N.W.2d 253 (Nebraska Supreme Court, 1943)
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194 N.W. 802 (Nebraska Supreme Court, 1923)
Waldo v. Lookard
165 N.W. 154 (Nebraska Supreme Court, 1917)

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Bluebook (online)
148 N.W. 510, 96 Neb. 490, 1914 Neb. LEXIS 86, Counsel Stack Legal Research, https://law.counselstack.com/opinion/waldo-v-lockard-neb-1914.