Majority
Headnote
The plaintiff had bid off at auction from tbe corporation of the city of Hew York, a lease for four years of a stand in the Franklin Market, but the lease had not yet been made to Mm, nor had he complied with the terms of sale, so as to entitle Mm to a lease, further than to deposit a certain proportion of the price bid. The defendant desired to obtain the lease, and agreed in writing to pay to the plaintiff 0350 in case he bought the lease, and plaintiff, in consideration thereof, refrained from putting up at auction his right to the lease, as he had intended to do. The defendant never bought the lease, but afterwards obtained from the corporation a lease of the same premises for eight months. Held, that the contingency on which the defendant was bound to pay the 0350 never happened, and that the plaintiff had no cause of action.Plaintiff, prior to May, 1872, occupied premises Mo. 39£ South street, part of Franklin Market, in this city, as a restaurant, under a lease from the corporation which expired May 1st, 1872. A new lease for the further term of four years had been put up at public auction (L. 1857, ch. 446, § 41) and sold to plaintiff, but until May 25th, 1872, he had not further complied with the terms of sale than to pay §350, the percentage required by the terms of sale. On that date, pursuant to previous public notice, he sold at auction his stock and fixtures, but, at request of the defendant, withdrew from sale his interest in the renewable lease, or the acquiring of the same under the circumstances of his agreement for purchase, to wit, his payment of part of the purchase money, and his continuance
No such lease was afterwards put up for sale by the corporation, or procured by the defendant by purchase or otherwise, nor was any right to any such lease acquired by him. In August, 1872, he obtained from the corporation a lease of the premises for eight months, commencing September 1st, 1872, at a yearly rent of $1,300, payable quarterly. It is manifest from these facts that the express condition of defendant’s obligation to pay the $350, never happened, as he never obtained, by purchase or otherwise, any such four years lease as was contemplated by the parties. No cause of action was shown, and -defendant was, for that reason, entitled to judgment in his favor. Such condition and relation of the parties being unquestionable, upon the case presented, the judgment should be reversed absolutely.
Charles P. Daly, Ch. J., and Larremore, J., concurred.
Judgment reversed.