Majority
Headnote
1. Estoppel—Recitals in Mortgage.On the 25th of February, 1893, the parties to this action made a contract by which the defendant agreed to sell to the plaintiff certain premises in the city of New York for the price of $29,000, to be paid by the plaintiff, and upon which, at the time of the execution of the contract, the plaintiff paid $1,000. After the contract was made, the plaintiff caused the title to be examined at an expense to him of $500, and thereupon he declined to complete the contract, and take a conveyance of the premises, alleging as a reason that the defendant did not have a marketable title to the property. He then brought this action to recover the amount of the deposit and the expense to which he had been put in the examination of the title. The action was tried at the circuit, and a verdict was ordered for the defendant, upon which the judgment appealed from was entered. ■
It is conceded by both parties that Ely Moore was the owner in fee of these premises down to December, 1827, and the defendant claimed title under Ely Moore. He produced, however, no deed from Ely Moore directly, but endeavored to establish the fact that a deed had been executed and delivered in the following way: He produced and put in evidence a mortgage from one Job Furman to Ely Moore, dated the 10th day of December, 1827, and properly recorded, mortgaging the premises in question to Moore to secure a sum of money, and containing the following recital: “Being the-
Cases cited
- Carver v. Jackson 4 Pet. 1 at 83 p. 305
- Atlantic Dock Co. v. Leavitt 54 N. Y. 35 p. 305
- Tarbell v. West 86 N. Y. 280 p. 306
- Wood v. Chapin 13 N. Y. 509 p. 306
- Lacustrine Fertilizer Co. v. Lake Guano & Fertilizer Co. 82 N. Y. 476 p. 306
- Fleming v. Burnham 100 N. Y. 1 at 2 p. 307