Case ID: sc_122/html/0048-01.html
Source: Caselaw Access Project
Author: {"author": "Mr. Justice Fraser.", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

11007
    FIRST TRUST & SAVINGS BANK ET AL. v. SPRATT
    (113 S. E., 473)
    Before MoorE, J., York, October, 1921.
    Affirmed.
    Action by the First Trust & Savings Bank of Rock Hill and another, as executors of the estate óf J. M. Cherry, deceased, and others, against J. E. Spratt. From an order overruling a demurrer to. the complaint, defendant appeals.
    
      
      Messrs. Spencer, Spencer & White, for appellant,
    cite: Liquidated damages: 36 Cyc., 570; 25 R. C. L., 230; 9 S. C., 344; 190 111., Ill; 190 111., 629; 184 S. W., 244. Contract forfeited by failure to comply in time: 90 S. C., 495; 217 U. S., 323. Contract void for want of mutuality: 23 How., 313; 25 R. C. L., 233.
    
      Mr. Wm. J. Cherry, for respondents,
    cites: Purchaser could not take advantage of own default in payment: 84 S. C., 185; 9 S. C., 269; 134 U. S., 68. Provision for damages intended as security for performance: 11 Rich., 554; 94 S. C, 184; 11 Rich. Eq., 225; 2 E. R. A. (N. S.), 210; 217 U. S., 323; 52 Am. Rep., 310; 42 Minn., 194; 199 Fed:, 262; 59 N. J. Eq., 427; 53 N. J. Eq., 15; 28 Minn., 439; 1 Gray, 414; 8 Gray, 550; 10 Me., 40; 5 Gilman, 196; 5 Cow., 272. Contract for benefit of third party may be enforced by him: 7 Ene. L., 106; 1 Rich., 268; 3 Strob., 196. Sufficient if vendor able to make title at time set for performance: 48 S. C., 295; 9 S. C., 265; 5 S. C., 463. Who can enforce performance: 1 Ene. E., 1140; 2 Hill Ch., 584; 69 E. R. A., 629; 39 E. R. A. (N. S.), 324; Fry, Sp. Perf., Secs. 294, 297; Waterman, Sp. Perf., Sec. 200; 39 A. E. R., 74; 1 Dill, 121; 5 A. L. R., 401.
    September 1, 1922.
   The opinion of the Court was delivered by

Mr. Justice Fraser.

This case was heard with and decided by First Trust & Savings Bank of Rock Hill, S. C., et al. v. John C. Pruitt et al., 113 S. E., 469, to which reference is made for the facts and law, and for the reasons therein stated,

The judgment is affirmed.