Majority
Headnote
In January, 1865, the parties to this action, and several other persons, entered into an arrangement with each other to purchase of W. 700 or 800 acres of land in Venango county, Pennsylvania. For that purpose, forty-five shares, at §1000 per share, were to be subscribed for, and upon the payment of bis subscription by each shareholder he was entitled to an' interest in the lands proportioned to the shares held by him. The forty-five shares were all subscribed, the defendant subscribing §1000. F. thereupon purchased the lands, for the shareholders, taking a deed therefor, in his own name, but in trust for them. Subsequently the defendant paid to F. §1000, and received from him the following writing, dated" January 25, 1865 : “ Received of D. 0. B. §1000 in full for one forty-fifth part of the land in Venango county, Pennsylvania, purchased of W. by F.” The shareholders executed a power of attorney to F. authorizing him to sell or lease the land, or any part of it, he covenanting to account and pay over to the parties, pro rata, all moneys received by him from sales; under which power, F. sold and conveyed ninety7three acres of the land for §19,000, and received the avails. On the 9th of May, 1865, F. mailed to the defendant a check for §422.22, which was received by the latter oh the 10th of May, in the afternoon, and was paid.By the Oourt,
Exceptions were taken to two of the findings of fact; but no question has been raised upon them here, and they are supported by the evidence.
The principal question arises upon the légal construction of the transfer from the defendant to the plaintiffs. It was an assignment of all the right, title and interest of Buell in. “the within named land,” to Klock & Quid. Construed by itself alone, and without reference to the surrounding circumstances, and independent of the receipt which Buell had received from Frazee, it was meaningless, or so uncertain as to be worthless, but it was executed ■upon the back of the receipt; and of course both were delivered to the plaintiffs at the same time; and the receipt was a part of the assignment; and, so far as the subject matter of the assignment was concerned, it was the all important part of it. The receipt was for the one forty-fifth part of the whole 700 or 800 acres which was bought of Moses Walters. “For one forty-fifth part of the land in Venango county, Pennsylvania, recently purchased of
The assignment shows that Buell sold all his interest in the instrument which he had made, and that the plaintiffs were as much entitled to the $422.22 as they were to the sum or sums to be realized by subsequent sales of the land.
Some questions were raised on the trial upon the admissibility of evidence, and exceptions were taken by the defendant’s counsel to the rulings thereon of the referee;
[Onondaga General Term,
April 7, 1868.
I have no doubt that the referee erred in admitting this testimony. It could not, however, have influenced the referee in any of his findings of fact. It had no bearing upon any of them; nor could it in the least degree affect the decision of the legal question upon the construction of the assignment. That was to be determined upon the facts found, and if I am right in supposing that the facts found warranted the legal conclusion, then by no possibility could the defendant have been prejudiced by the admission of the testimony.
The judgment should be affirmed.
Judgment affirmed.,
Foster, Morgan and Muüin, Justices,]