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Fullerton, J. On and prior to October 11, 1901, one Wakefield was indebted to the appellant William K. Dickinson in the sum of $1,000, for money which he had received as the agent of Dickinson. At that time he held for sale certain real property, which stood in the name of one Florence Keady. Wakefield proffered this property to Dickinson for a consideration of three thousand dollars, one thousand to be paid by the assumption of a mortgage on the property for that amount, one thousand by the cancellation of the debt from Wakefield to him, and one thousand dollars in cash payable to Wakefield. Dickinson agreed to take the property provided the title proved satisfactory. Wakefield caused the property to be conveyed to Dickinson, who paid him at that time five hundred dollars and gave him a writing of which the following is a copy:
“I have this day received from you deed of conveyance of the following described premises situated in King county, state of Washington, and particularly described as follows, to wit: Lot six (6) in block three (3) of Bigelow’s Addition to the City of Seattle; according to the recorded plat thereof; and paid to you the sum of five hundred dollars ($500) upon the purchase price thereof, such purchase price to be in all one thousand dollars ($1,000). Upon the ap
*422 proval of the title to said premises by my attorney and upon my being satisfied that there are no unpaid claims for labor or material furnished in the improvement of said premises, then I am to pay you the balance of the purchase price, to wit: the sum of five hundred ($500) dollars.”Thereafter an- abstract of the title to the property was handed Dickinson’s attorney for examination, and was pronounced by him to be defectiva Dickinson thereupon sought to rescind, but as Wakefield was unable to repay the money advanced, this was found to be impossible. After much negotiation the parties settled the matter in this manner: Dickinson made a deed to the property to Florence Heady, and placed it in escrow, with instructions to deliver it to Wake-field on payment of the five hundred dollars advanced on the purchase price of the property at the time the contract of purchase was entered into-, and the one thousand dollars Wake-field was then owing him. In the meantime, Wakefield had assigned the writing above quoted for value, and in due course it came into the possession of the respondent, who brought this action to recover upon. it.
The foregoing is in brief the salient facts of the case, and on them the trial court held the respondent entitled to recover. It seems to us that this conclusion is just. After Wakefield had parted with his title to the writing he could make no contract with Dickinson that would affect the holder of that instrument. FTo-r did it become nugatory from the mere fact that Dickinson’s attorney pronounced the title defectiva Doubtless this fact gave Dickinson the right to rescind the contract, and to recover from Wakefield the money advanced him on account of the purchase price. To do this he was required to reconvey the property to his grantor and tender the deed to Wakefield. But he chose to keep the property, and subsequently disposed of it so as to recover, not only the five hundred dollars advanced as part of its purchase price, but the one thousand dollars Wakefield owed him. This was an affirmance of the contract of sale, not a rescission,
*423 and the appellants thereupon became obligated to pay the money according to the promise contained in the writing.Affirmed.
Mount, C. J., Hadley, and Dunbar, JJ., concur.
Hoot, J., dissents.
Document Info
Docket Number: No. 5886
Citation Numbers: 41 Wash. 420, 1906 Wash. LEXIS 980, 83 P. 895
Judges: Fullerton
Filed Date: 1/13/1906
Precedential Status: Precedential
Modified Date: 11/16/2024