Opinion

Board of Directors v. Cottonwood Lumber Co.

  • 86 Ark. 221
  • 110 S.W. 805
  • 1908 Ark. LEXIS 394
Court
Supreme Court of Arkansas
Filed
May 11, 1908
Status
Published
Author
Wood
On the bench
Wood
Cited by
3 cases
Authority
More cited than 66.6%

The opinion

Wood, J., (after stating the facts.) In the absence of fraud or covenants of title, a vendor of land is not liable to the vendee for the purchase money because the title failed. In such case the vendee voluntarily parts with his money for only such title as the vendor has. If he has none, the vendee gets none, and is without recourse. Such is the contract between vendor and vendee in a purely quitclaim -deed. Gouverneur v. Elmendorf, 5 Johns. Ch. 79 (Kent.); Stoddard v. Prescott, 58 Mich. 542 ; Inhabitants of Barkhamsted v. Case. 5 Conn. 528 ; Clark v. Sigourney, 17 Conn. 511 ; Gates v. Winslow, 1 Mass. 65 ; Peters v. Bowman, 98 U. S. 56 ; Whitmore v. Farrington, 76 N. Y. 452 ; Thorkildsen v. Carpenter, 120 Mich. 419 ; Gibson v. Richart, 83 Ind. 313 ; Porter v. Cook, 114 Wis. 60 . See also Diggs v. Kirby, 40 Ark. 420 .

The secretary was without authority to bind the board by any promise he might have made. The board made no promise, and the record fails to show a -cause of action.

Reversed and remanded for new trial.

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

A word about cookies

We need a few to keep you signed in and the library working. The rest help us see which pages people use and where they get stuck. They stay off unless you say yes.