DocketNumber: No. 26,411.
Citation Numbers: 218 N.W. 112, 173 Minn. 585, 1928 Minn. LEXIS 1065
Judges: PER CURIAM.
Filed Date: 2/24/1928
Status: Precedential
Modified Date: 10/19/2024
Defendant began the construction of a dwelling house and made a written application to plaintiff for a loan on the property, the *Page 586 money to be furnished in instalments. Plaintiff accepted the proposition. The papers were executed, and plaintiff had the first instalment ready for defendant but refused to turn it over until defendant presented receipts showing that the bills for work already done on the building had been paid. Defendant apparently refused to accept the loan on this condition. Thereafter plaintiff brought suit for its commission and the expense incurred. Defendant admitted the contract and that he had agreed to pay the commission and expense in the amount claimed by plaintiff; but claimed a verbal agreement to the effect that the instalments were to be paid to him, and he was to pay the bills therewith and obtain receipts therefor and thereafter deliver such receipts to plaintiff. Whether such an agreement had been made was the sole issue, plaintiff's cause of action being admitted unless defeated by its refusal to pay over the money until the receipts had been furnished. The written contract required defendant to produce the receipts before each payment, and plaintiff's representatives claimed that this was also the oral agreement. The court found the fact to be as claimed by plaintiff and could not well have found otherwise.
Defendant argues that there was a misunderstanding between the parties and that their minds did not meet for that reason. There is no merit in this point. Where the parties assent to the terms of a contract, neither can avoid it by claiming that he misunderstood its purport or effect.
Judgment affirmed. *Page 587