Majority
Headnote
1. Vendor and Purchaser—Marketable Title.On the 16th day of October, 1897, the plaintiffs made a contract to buy from the defendant certain premises situate in the city of New York, and to pay $1,000 upon the execution of the contract, and the remainder of the purchase price at the time when the contract was closed; and the plaintiffs paid to the defendant the $1,000. At the time provided for in the agreement to close the transaction, the parties met; but it was claimed by the plaintiffs that the defendant was not able to give a good title to the premises, and they accordingly refused to go further with it. The plaintiffs had expended for counsel fees and disbursements in the examination of the title $237.50. This action was brought to recover from the defendants the $1,000 which had been paid upon the contract, and the $237.50, the amount of expense in examining the title. The defendant, for a counterclaim, set up substantially that he had a perfect title; that he was ready to perform; that he offered a deed which conveyed a marketable title at the time when the contract, by its terms, was to have been closed, but that the plaintiffs refused to accept a deed, and declined to perform the agreement on their part. He alleged further that he was then ready to perform the contract, and he asked a judgment of the court for specific performance. Issue was joined to this counterclaim by a denial of the ability of the defendant to perform, and upon those issues the parties went to trial. As the result of the trial, the court determined that the defendant’s title was good and marketable, and free from all reasonable doubt, and dismissed the complaint, and ordered a judgment for the defendant for the specific performance of the contract as prayed in the counterclaim; and from this judgment the plaintiffs appeal.
It appeared from the testimony that the premises in question were situated on the north side of 113th street, in the city of New York, between the Boulevard and 10th avenue. It was conceded that one Ely Moore, who was the original source from which the defendant claimed title, had been the owner of the premises. On the 16th day of November, 1827, Ely Moore conveyed the premises to Thomas Shephard and William Shephard, of the city of New York. On the 26th of November, 1834, Thomas Shephard and his wife conveyed the premises to the Society of the New York Hospital, by which, on the 2d of May, 1889, the premises were conveyed to the defendant. There is no proof of any deed or transfer of title by William Shephard, the co-tenant of Thomas Shephard, or anything to show that his interest in the premises was ever actually transferred either to the Society of the New York Hospital or to the defendant; and the plaintiffs claim that this apparent outstanding title in William Shephard in the undivided half of the premises constitutes such a defect as renders the title unmarketable, and justifies them in refusing to accept the conveyance which was tendered to them by the defendant. The only claim of the defendant is that this interest had vested in the Society of the New York Hospital by adverse possession. Whether this claim should have been sustained by the learned justice at the special term is the question to be decided.
It appears that the deed of Thomas Shephard to the New York Hospital was, in terms, a conveyance to it of all the premises, and not of
For these reasons the judgment was erroneous, and must be reversed, and a new trial ordered, with costs to the appellants to abide the result of the action. All concur.
Cases cited
- Florence v. Hopkins 46 N. Y. 182 at 186 p. 617
- Moore v. Williams 115 N. Y. 586 p. 617
- Vought v. Williams 120 N. Y. 253 p. 617
- Wilhelm v. Federgreen 2 App. Div. 483 p. 617
- Culver v. Rhodes 87 N. Y. 348 p. 618