Citation Numbers: 63 N.C. 576
Judges: Settle
Filed Date: 6/5/1869
Status: Precedential
Modified Date: 11/11/2024
It is contended that there is a fatal obiection to a recovery in this case, because the plaintiff failed to notify the defendants of his option in respect to the currency in which he would accept payment, before suit brought.
There is a marked distinction between this case, and those cited by the defendants’ counsel, upon the argument. Indeed we have not been able to find any authority in point. We admit the general rule that the performance of a condition precedent must be alleged in the complaint, and it is also clear that where the price of an article sold depends by the contract on some collateral fact, exclusively within the knowledge of the plaintiff, he must notify the' defendant before he can recover. But we do not see how these principles conflict with the conclusion at which we have arrived. Contracts must be construed so as to carry out the intention of the parties. This is a fundamental principle. Can there be a doubt that it was the intention of the parties, in framing the bond in this manner, to give to the plaintiff whatever advantage might arise from the fluctuation of the currency, and that the defendants entered into the contract with their eyes open ?
If the terms are hard, which we do not admit, the defendants made them so, and they ought not to complain of the form in which the plaintiff seeks redress.
Even supposing that the obligation was an alternative one, and that the option was to be made and notified by the plain- *578 either within a reasonable time before, or at the maturity ..of the bond, but if not made by that time the benefit of it was lost, and the obligation became an absolute one for the .amount payable in currency, the defendants cannot complain, •for the demand here is for currency, and the action was all .the notice that was required.
But shall the defendants be allowed to say that the terms, which they submitted to, and which were intended for the benefit of the plaintiff, shall operate as a condition precedent and defeat that intention; and that, as the plaintiff did not make known his election before the bond fell due, or at all events, before suit brought, he now has no remedy ?
It is the debtor’s duty to seek the creditor, but this construction would shift the burden from the debtor to the creditor, and make what was intended as a benefit, operate as a hardship upon the creditor.
Per Curiam. Judgment affirmed.