Pettinger v. Fast
Before: Haven
Synopsis
Vendor and Purchaser— Sharing Profits of Resale. — A contract for the sale of a farm for a specified sum, and. one half of the excess above that sum for which the farm can he resold, does not require an actual resale in order to fix liability for one half of the profits which might be realized by accepting any bona fide offer.
Id. — Resale for Advance—-Agreement to Resell. •—If an actual resale of the farm for an advance is alleged in the complamt in an action to recover one half of the excess, such allegation is sufficiently sustained by proof of an agreement of the vendee to resell the farm for an advance, though no money was paid upon the contract of resale.
Id.—Amount of Resale-—Variance.—If the complaint alleges a resale of the farm for a specified amount, and the proof shows a resale for two thousand dollars less than the amount alleged, with a reservation of standing timber of the value of two thousand dollars, the proof is at variance with the allegation of the complaint, and a finding that the amount of resale is as alleged is not sustained by the evidence.
Id. — Rights of Vendor—Recovery for Timber Reserved — Pleading. — The vendor’s right to recover upon the contract for one half the excess for which the farm can be resold is not limited to the sum agreed to be paid, in case of a resale by the vendee with reservation of timber; but the vendor may recover, in addition to one half the excess in price paid for the farm, one half the market value of the timber reserved, or one half of the net sum for which it may be sold, at his option, though such recovery can only be justified by a complaint showing the facts as they really exist.
De Haven, J. Action to recover the sum of $1,950, alleged to be due plaintiff for the balance of the purchase [462]price of land conveyed by plaintiff to defendant. The court below gave plaintiff judgment for that sum, and also denied defendant’s motion for a new trial, and the defendant appeals from such judgment and order.
The facts as found show that on November 17, 1886, plaintiff executed to appellant a deed of his farm, the appellant agreeing in writing to pay therefor the sum of four thousand 'dollars, and to give one half of all in excess of that sum which “the farm can be sold for within two years,” such additional sum “to be also a part of the, purchase price, when so sold for a larger sum.” It is also found that on September'!, 1887, “ appellant entered into an agreement in writing with one Ed. Culbert, whereby he sold to said Culbert the said parcels of land for the sum of eight thousand dollars.”
The principal question to be determined on this appeal is, whether the finding of the court in relation to the sale of the land is justified by the evidence. It was shown upon the trial that on September 1, 1887, the appellant and one Culbert entered into an agreement in writing by which the appellant “ promises and agrees to sell and convey unto the party of the second part (Culbert) and to make and execute and deliver to him a deed” of the land purchased by appellant from the plaintiff in this action, the said Culbert “ to have and to hold all and singular said premises, together with all the tenements, hereditaments, and appurtenances thereunto belonging, .... except that portion of the timber thereon hereinafter mentioned and reserved unto the party of the first part.” The agreement further recited that the appellant was to have all the timber on said land, “except that on the southern line of the mesa, adjoining the Rincon rancho, and on the east end of said mesa.”
It is clear that, under appellant’s agreement with respondent, an actual sale of the farm within the time limited was not indispensably necessary in order to establish as a fact the price for which it could have been sold, and [463]thus fix the liability of appellant thereunder. The appellant would not have been at liberty to reject any bona fide offer of purchase for a sum exceeding five thousand dollars, without the consent of the respondent. But the complaint alleges an actual sale to Culbert for the sum of eight thousand dollars, and the court so finds, and it is therefore necessary to consider whether such fact was established upon the trial.
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