Court Opinion

ID: 3647986
Source: CourtListenerOpinion
Date Created: 2016-07-06 06:03:34.446792+00
Date Added: 2024-06-11T12:09:56.724097
License: Public Domain

The defendant contracted orally, to sell a tract of land to the plaintiff, and subsequently agreed that one Hicks might come into the trade equally with the plaintiff. On the next day the three parties met together, and the defendant made a conditional deed to Hicks for the land and the plaintiff paid in cash $100 of the purchase price, and he and Hicks gave their notes to the defendant for the balance of the purchase money and took possession of the land. Subsequently a doubt was suggested, as to the validity of defendant's title, and the parties met and mutually agreed to cancel the trade; when Hicks gave up his deed which was never registered, and the defendant tore off his name and gave up their notes, and took possession of the land, and agreed to pay the plaintiff back his $100, and some amount for taxes which plaintiff had paid at defendant's request.
Upon these facts His Honor was of opinion, that the plaintiff could not recover, but we see no reason why he should not.
The contract was executory, and the mutual agreement to cancel it, was as binding as the original contract. No title had vested in Hicks except conditionally, because the deed was not registered, McMillan v. Edwards,75 N.C. 81, Triplett v. Witherspoon, 74 N.C. 475; and he therefore had a right to surrender the deed, which was simply evidence of the agreement as it then stood; and the plaintiff had a right to surrender his possession and any equity he may have had; both of these acts being done with consent of the bargainor.
As soon as these mutual acts were done, the law implied a promise on defendant's part, to pay to the plaintiff the $100 which had been paid by him, and at this point the plaintiff had a right to recover. He also had a right to recover on the express promise of the defendant to pay back the money. The mutual promise to cancel, avoiding litigation in regard to defendant's title, the surrender of possessession [possession] *Page 45 
and the inconvenience to which the plaintiff had been subjected, were ample considerations for the express promise of the defendant to pay the money to the plaintiff.
There is error. Let this be certified c.
PER CURIAM.                              Venire de novo.