Young v. Roller

1948 OK 29, 201 P.2d 793, 201 Okla. 99, 1948 Okla. LEXIS 534
CourtSupreme Court of Oklahoma
DecidedJanuary 27, 1948
DocketNo. 32851
StatusPublished
Cited by6 cases

This text of 1948 OK 29 (Young v. Roller) is published on Counsel Stack Legal Research, covering Supreme Court of Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Young v. Roller, 1948 OK 29, 201 P.2d 793, 201 Okla. 99, 1948 Okla. LEXIS 534 (Okla. 1948).

Opinion

ARNOLD, J.

This action for specific performance of an alleged contract for the purchase and sale of real estate situated in Garvin county was instituted by G. O. Young.

It is the theory of plaintiff that the letter of defendant received by him on May 28, 1945, offering to sell the real estate involved in this litigation on the terms thereof was unconditionally accepted by him by letter posted on the day of receipt of defendant’s ■letter and that there being no equities shown in favor of the defendant he was entitled to specific performance, which was denied by the trial judge, as a matter of right. The letters between the parties up to and including the above referred to acceptance letter are as follows;

“Mr. R. E. Roller
“39 Horizon Ave.,
“Venice, Cal.
“Dear Sir:
“I have a farm East of yours in Garvin Co. The one you own that Mr. Adams rents. I need more land for pasture. Can buy the Jenkins land, but thought yours might be cheaper. He wants $30.00. What will you take for yours? Will pay cash if price is reasonable. Answer please.”
“Yours truly,
“(Signed)' G. O. Young Sapulpa, Okla.
“May 4, 1945.
“2215 Pacific Ave. Venice Calif 5- 11 45
“Mr. G. O. Young
“Sir. in Reply to your of the 4 Will Say I will Take $2000 Per A. for my Place in Sect. 36 4 N 3 W 160 A And Reserve 30 Undivided Royalty This Would Leave you 70 A as 60 is Already Sold if this Would Suit you let Me no at oence Very Resp
“R. E. Roller”
“2215 Pacific Ave.
Venice Calif
5 18 45
“Mr. G. O. Young
“Sir in Reply to yours of the 14th if you Want all the Royalty I wont take less than $4000.00 or will still take the 20 Per A and Retain 30 A of Royalty if Eathur of thes Proposel Suit you the year is just about % Gon and the Payment on the Lease is Dew in August I will Will take the Lease Money or Will Pay the 45 Taxes and Retain the Rent for 45 This is as Good as I Will Do if you Want to Except Eather one I Will Put up the Deed in your Bank agant $800.00 Esko untile Tittle is Perfected and Will Have Abstract Brout Down to Date and Mailed to you I am Riting the Detales to Keep from [100]*100Causing Father Delay of Cors if you Have any other Proposal I would consider them
“Ver Resp
“R. E. Roller”
“2215 Pacific Ave Venice Calif 5- 18 45
“Mr. G O Young
“Sir in Reply to yours of the 14 Will Say if you Want all the Royalty I woulden Take Les than $4000.00 for the Place or Will Still Take the 20 Per A and Retain 30 A of Royalty fif Eather one of thes Proposel Suit you the year is about % Gon and the Leace Money Will Be Due in August I Will Eather take the Leace Money or Will Pay the 45 Taxes and Colect the 45 Rent on the Place and of Cors Furnish Abstract The Tittle is Good I have Had a U S Lone on it thoe at Present No Loan on it I will Put up the Deed agant $800oo Esco in your Bank untile Title is Aproved This is the Best I Will Do Very Resptiful “R. E. Roller”
“Sapulpa, Okla.
May 22 - 1945.
“Mr. R. E. Roller,
“2215 Pacific Ave.,
“Venice, Cal.
“Dear Sir:
“I am trying hard to get together with you on a deal for your land, but don’t like to buy something and then not get it. Already 60 acres of the oil right has been sold and loan companies won’t loan money on places without at least half the oil. They don’t like to loan where any has been deeded away.
“I have decided it would be better to buy where I get all if possible. Then title examiners don’t ask questions.
“If you want to sell for $3500.00 that will be OK, but $4000oo is too high for that kind of land.
“If this is OK by you I will put up $800.00 in the bank against your deed and pay the balance when your abstract has been brought to date and title approved. I will pay the 45 taxes and let you keep the cash rent if any that’s been paid you for pasture or crops grown on the place this year.
“I am sending you an Oklahoma deed form to use if you decide to sell. Send it to American National Bank with a letter telling them if I don’t put $800.00 there with a letter that I will pay $2700oo more when abstract has been brought to date and approved your deed is to be returned to you. Then send abstract to have it brought down. The bank here could have that done.
“If you had all the royalty I would agree that you keep out a l-4th, but already more than that is gone.
“Write soon, so I will know what to depend on. If you send deed to the bank I will put up the $800oo as soon as it gets here.
“Yours truly,
(Signed) G. O. Young”
“2215 Pacific Ave Venice Calif
“5 26 45
“Mr. G. O. Young in Reply of the 22 it Seams like you want all the Royalty and I think you are using a Wise Head of Course I Gess you no more about the Prospect of a Well going Down in that Part than I Do thoe I no that they are Paing Pretty Good Prices for Leaces there for A Wild Cat Place and I can not Except your Price I have just got one More to off I will Take $3850oo and Turn you All the 45 Rent and all of the 45 Oil Leace Money if this Suits you I will Send you A Order to Mr. Adams and to the Oil Co. that Holds the Lease Along With the Deed and Will Except your-Terms at the Bank
“Very Resp “R. E. Roller”
“May 28, 1945
“Mr. R. E. Roller
“2215 Pacific Avenue
“Venice, California
“Dear Sir:
“Certainly $3850.00 is a good, stiff price for a farm such as you have in Garvin County, particularly where a [101]*101substantial part of the oil right has been sold. The land is principally of value for grazing and when I first considered the deal, I thought your price of $20.00 per acre plenty high. Anyhow, I have decided, whether wisely or not, to pay you $3850.00 for the place, with the understanding that you turn me the ’45 rent and. the ’45 oil lease money. In other words, I accept your offer of May 26th, 1945, in accordance with its terms.
“I have prepared and am enclosing for execution by you a Deed to the place. Also a draft for $800.00 and orders respecting the lease money and the rent. There is also enclosed an escrow agreement respecting the $800.00 bearing my signature.

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Bluebook (online)
1948 OK 29, 201 P.2d 793, 201 Okla. 99, 1948 Okla. LEXIS 534, Counsel Stack Legal Research, https://law.counselstack.com/opinion/young-v-roller-okla-1948.