Mather v. Sherwood

Stjjart, J. Bill iu chancery under the former practice, filed in April, 1853. The object of the bill was to subject the equity of the vendee, who held by title-bond, to tbe payment of tbe purchase-money. Tbe cause was set down for bearing in tbe Circuit Court on tbe bill, answer, depositions, &c.; and decree in accordance with tbe prayer of tbe bill. Mather and others, defendants below, appeal. It appears that one. Nathan Merriman bargained and sold tbe land described in tbe bill to Don G. Mather and Watrous Mather. Part of tbe purchase-money was paid by tbe acceptance of a third party, and a note executed for tbe residue. Tbe vendor gave bis title-bond for a deed, stipulating to make or cause to be made to tbe vendees, their heirs or assigns, a warranty deed, investing them with tbe fee simple title to tbe lands, at any time when called upon to do so, after tbe receipt of tbe purchase-money. Before tbe payment of tbe money, or tbe execution of a deed, Merriman, tbe vendor died leaving minor heirs and Luranah Merriman bis widow, wbo has since intermarried with Lyman Sherwood. Luranah is tbe administratrix of her former husband, and complainant with her present husband in this suit. Before this action was commenced, Watrous Mather, one of the vendees, died, leaving several heirs, minors, non-residents, and, some of them, unknown. Upon tbe land when sold there was a good saw mill, and it was covered with valuable timber. Tbe bill alleges that tbe vendees took possession immediately after tbe purchase in 1841; that tbe mill has been suffered to go to ruin; and that tbe land has been stripped of its valuable timber. Tbe purpose of tbe statement and evidence on this point, seems to be to show that tbe parties could not, by a recision of tbe contract, be placed in statu quo. Tbe decree of tbe Court is that tbe land be sold for [94] the payment of the purchase-money within sixty days; and that, if paid in that time, the decree is to stand to the defendants in the place of a deed. And the only question raised in the Court below was, whether this was such a substantial compliance with the terms of the title-bond as to enable the administratrix to enforce the payment of the purchase-money. The point is thus stated in the demurrer, and subsequently in the answer, viz.; that as Merriman departed this life before executing the deed, and leaving minor heirs incapable of executing such deed as the bond contemplates, the defendants Mather and others are not bound to accept any other conveyance, nor to pay the residue of the purchase-money. In support of this position Barickman v. Kuykendall, 6 Blackf. 21, and Dawson v. Shirley, id., 531, are cited. But the first case, 6 Blackf. 21, was an action at law to recover back the purchase-money paid on a contract void under the Statute of Frauds, and has no application to this case. The other', Dawson v. Shirley, supra, was also an action at law. The vendor sued the purchaser on a note given in part payment of the purchase-money, averring a tender of a deed, &c. It appeared that the deed was executed for husband and wife by an attorney in fact. The Court held that the vendee was not bound to accept such a deed, and hence, that the plaintiff could not recover on the note. These cases at law have clearly no application to the case at bar. The case of Hurst v. Hensley, 7 Blackf. 373, cannot be easily distinguished from that before us. • There, the vendor died without making a deed and before the contract to convey had matured. After maturity, the executor of the vendor filed his bill in equity against the vendee and the heirs of the testator, praying a decree for a conveyance, and for the payment of the purchase-money, and in default, for the sale, &c. A demurrer to the bill for want of equity was sustained in the Court below. But the decree was reversed; and it was held [95] that the executor was entitled in equity to enforce the vendor’s1 2lien, correctly looking to the heirs for a and to the vendee for the purchase-money. This authority seems conclusive of the rights of the parties in the case at bar. J. B. Hoioe, for the appellants. (1) M. Brackenridc/e,jr., for the appellees. (2) Without deciding anything on the point, the inquiry may be suggested whether every vendee does not necessarily contract with reference to the contingency of the death of the vendor before the title-bond has matured. And as a consequence, whether it is not implied that he shall, in such contingency, accept such evidence of title as the law authorizes the pourts to make, in lieu of that which the act of Grod has rendered impossible to be made. This has been the tacit understanding acted upon and enforced in the lower courts for years. Per Curiam. The decree is affirmed with costs and 3 per cent, damages.