Worley v. Holding Corp.

261 Ill. App. 313, 1931 Ill. App. LEXIS 31
CourtAppellate Court of Illinois
DecidedApril 15, 1931
DocketGen. No. 34,541
StatusPublished

This text of 261 Ill. App. 313 (Worley v. Holding Corp.) is published on Counsel Stack Legal Research, covering Appellate Court of Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Worley v. Holding Corp., 261 Ill. App. 313, 1931 Ill. App. LEXIS 31 (Ill. Ct. App. 1931).

Opinion

Mr. Presiding Justice Wilson

delivered the opinion of the court.

Plaintiff brought his action in the municipal court to recover damages for breach of a written contract under which the defendant agreed to purchase certain bonds of the Elmwood Park School District No. 85, at a specified price, but failed to perform. A trial was had with a jury, resulting in a finding in favor of the plaintiff for $3,499.70 and costs, on which verdict judgment was entered and an appeal taken to this court.

Plaintiff’s statement of claim charges that the parties entered into a written agreement whereby the defendant agreed to purchase from the plaintiff certain bonds of the Elmwood Park School District No. 85, at the par value of $79,000 on a 4.20 basis, less 1% points: charges that prior to the time of delivery the said defendant refused to accept said bonds and that plaintiff was compelled to sell them in the open market and thereby sustained a loss for which he brings this action.

Defendant filed an affidavit of merits and subsequently an amended affidavit of merits, in which defendant states that it believes it has a good defense to the action; further that the contract sued upon involved the sale of goods of the value of $500 and that said defendant did not at any time accept any part of said goods or give anything in earnest to bind said contract; further alleges that certain memoranda or letters in writing were written by the defendant, setting forth the terms of said contract under which the plaintiff agreed to sell to the defendant $115,000 worth of Elmwood Park School District bonds, subject to an election within the next few days; further charges that by said agreement, it was incumbent upon the plaintiff to deliver the bonds within a reasonable time, but failed to do so; further charges that the defendant notified the plaintiff in writing that unless they would deliver within the next few days, the contract would be canceled; further alleges a denial that the defendant agreed to purchase bonds of the value of $79,000.

On the trial the court, on motion of counsel for plaintiff, struck from the amended affidavit of merits, paragraph 3, which was the paragraph setting up the statute of frauds, under the Uniform Sales Act, Cahill’s St. ch. 121a, 7. We do not believe this was error on the part of the trial court as there was sufficient evidence in writing as to the contract in question, to take it out of the statute, and moreover there was an acceptance of a substantial part of the bonds enumerated in the contract.

From the evidence it appears that on the 27th of January, 1928, the defendant wrote to the plaintiff confirming the purchase of $115,000 of Elmwood Park School District bonds, together with certain Des Plaines Park District bonds, certain Eiverview South Des Plaines, Cook County School District bonds, and certain School District No. 157, Cook County, Illinois bonds, subject to the election necessary to carry the issuance of said bonds.

January 30, 1928, the plaintiff replied to said communication confirming the sale, but changing the various conditions under which the sale was to be made. As this communication constitutes the basis of plaintiff’s claim, we set it out in full:

“January 30, 1928.

Blyth, Witter & Co.,

105 S. LaSalle Street,

Chicago, Illinois.

Gentlemen:

We are pleased to confirm, sale to you of the following issues, if and when issued.

Approximately $1.15,000 Elmwood Park Sch. Dist. #85, Cook County, 5%% bonds on a 4.20 basis less 1%%-

Approximately $60,000 Des Plaines Park District 5% bonds on a 4.10 basis less 1%%.

Approximately $40,000 Riverview School Dist. #65, Cook County 5%% bonds on a 4.20 Basis less 1%%-Approximately $60,000 Globe School Dist. # 157 Cook County, 514% bonds on a 4.20 basis less 1%%.

This confirmation is made subject to the bonds being voted and in case it is impossible to issue all of said bonds due to insufficient bonding power, we agree to deliver such amount of each issue as can be approved by our attorney, Holland M. Cassidy, whose opinion will be secured in each instance.

Trusting the above is per your understanding and thanking you for this business, we aré.

. Very truly yours,

T. A. Worley

TAWmm T. A. Worley & Co.”

It is insisted on the part of the defendant that by changing the terms of the original offer to purchase, this constituted a new offer and there does not appear to be any acceptance of said communication which would constitute a new agreement. It is true there was no direct acceptance of the counter-proposition, but the parties proceeded to act under it, as evidenced by the fact that $60,000 worth of Des Plaines Park District bonds were offered and accepted and paid for by the defendant; $19,000 worth of Riverview School District No. 65, Cook County, were offered and accepted and paid for by defendant and $26,000 worth of Globe School Dist. No. 157, Cook County bonds were delivered to the defendant and accepted and paid for. The counter-proposal of the plaintiff of January 30, in each instance, contained the provision of approximately the number of bonds named in the counter-proposal which should be delivered and accepted. This was based on the supposition that it was impossible of ascertainment as to the exact amount of bonds that could be issued by each of the various taxing districts enumerated. The acceptance by the defendant of approximately the number of other bonds enumerated in the proposal of January 30, warranted the assumption that the defendant had agreed to the terms set out in the counter-proposition of the plaintiff. It is not necessary that the acceptance be in writing, but it may be evidenced by the conduct of the parties. Anglo-American Provision Co. v. Prentiss, 157 Ill. 506; Ellis v. Hillison & Etten Co., 211 Ill. App. 581; Great Western Coal & Coke Co. v. St. Louis & Big Muddy Coal Co., 140 Ill. App. 368. Moreover, the defendant on June 14, 1928, wrote to the plaintiff as follows:

“June 14, 1928.

T. A. Worley & Co.,

53 W. Jackson Blvd.,

Dear Mr. Worley:

With reference to our purchase from you on January 27th, 1928, of $115,000 Elmwood Park School District No. 85 5%% Bonds on a 4.20 basis less 1% points, we beg to advise that unless delivery of these bonds can be made this week we shall have to cancel this purchase from you.

Very truly yours,

Blyth, Witter & Co.

By Wm. T. Jensen.”

By this communication we find the defendant insisting upon delivery of the Elmwood Park School District bonds, thus evidencing their view that there was a contract in effect. While the communication refers to their letter of January 27, nevertheless the parties had been acting under the counter-proposition of January 30, 1928.

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Related

Anglo-American Provision Co. v. Prentiss
42 N.E. 157 (Illinois Supreme Court, 1895)
Osgood v. Skinner
71 N.E. 869 (Illinois Supreme Court, 1904)
Great Western Coal & Coke Co. v. St. Louis & Big Muddy Coal Co.
140 Ill. App. 368 (Appellate Court of Illinois, 1908)
Ellis v. Hillison & Etten Co.
211 Ill. App. 581 (Appellate Court of Illinois, 1918)

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Bluebook (online)
261 Ill. App. 313, 1931 Ill. App. LEXIS 31, Counsel Stack Legal Research, https://law.counselstack.com/opinion/worley-v-holding-corp-illappct-1931.