Keator v. Ferguson
Decision Date | 03 April 1906 |
Citation | 107 N.W. 678,20 S.D. 473 |
Parties | KEATOR v. FERGUSON. |
Court | South Dakota Supreme Court |
Appeal from Hamlin County Court.
Action by Edward B. Keator against Flora B. Ferguson. From a judgment for defendant, and an order denying a new trial plaintiff appeals. Reversed.
Hall Lawrence & Roddle, for appellant. Cheever & Cheever, for respondent.
This is an action to enforce the specific performance of a contract for a quarter section of land in Hamlin county, entered into by the defendant as party of the first part, and one Walklin as party of the second part, and through the latter the plaintiff claims title as assignee of the contract. Findings and judgment being in favor of the defendant, the plaintiff has appealed.
The defendant in her answer set up that the plaintiff had not complied with the conditions of the contract, and that she had declared the same forfeited and terminated prior to the commencement of the action. The contract was made and executed on the 21st day of September, 1894, and by its terms provides that the defendant, as party of the first part agrees to sell to the said Walklin the said premises for the consideration of $1,900 the said sum to be paid by delivering to the defendant one-half of the crops for each year and the value of the same after paying the interest on the principal sum, at the rate of 6 per cent. per annum for the first year and 8 per cent. per annum thereafter, to be applied in payment of the principal; and upon the completion of the said payments said defendant agrees to convey the premises by a good and sufficient deed. There were numerous conditions in the contract not necessary to be specifically noticed except the following condition:
Upon the execution of the contract the said Walklin entered into possession and remained in possession thereof until on or about October 1, 1899, when he assigned his contract to the plaintiff in this action, paying yearly one-half of the products raised upon the property as specified in the contract. The said plaintiff before taking an assignment of the contract visited the defendant and informed her that he was intending to take an assignment of the same, and she made no objections thereto or stated or intimated to him that she intended to take advantage of the delay in the payment of the interest for the year 1899, which was then past due or for the nonpayment of the taxes which were then due and unpaid. The plaintiff sought to obtain in that interview a reduction of the interest and subsequently wrote to her or her husband who was agent of his wife, in regard to such reduction to which the husband replied with the knowledge and consent of his wife refusing to make such reduction. In the interview between them above stated it was agreed between them that there was $1,721.99 still due upon the contract, and of this sum the plaintiff on October 5th forwarded to her by draft the sum of $222 leaving a balance then due of $1,500. The...
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