Legal Opinion

Magoffin v. Holt

Court of Appeals of Kentucky

Decided February 10, 1863PublishedCited by 12 opinions

CASE 31 — PETITION EQUITY cited 2 Leading Cases in Eg., pt. 2, pp. 26,19 ; Story’s Eg., sec. 776 ; 1 Font). Eq.,p. 31 ancl notes; 2 Tern., 415; iJ. C. R., 274 ; 2 A. K. M., 345; 2 Md. Chy. Decs., 401; 2 B.-Mon., 439 ; 2 U. S. Dig., 586, 454. cited 2 Ves., 265; 2 White and Tudor’s Eq. Cases, pt. 2,p. 9; 2 Par_ sons, 543,567; 3 Mon., 366; 6 Mon., 366,321; 7 Mon., 656; 5 B. M., 452.

1Opinion of the CourtChief Justice Duvall

On the 7th of April, 1857, Magoffin sold to Holt an interest in certain lands in the town of “ La Crescent,” Minnesota— the contract of sale containing this stipulation :

“That if, at the expiration of three years from the date hereof, the said Holt shall desire to sell the said interests *96herein described and conveyed, then the said Magoffin, for the consideration aforesaid, upon request made of him by said flolt, will purchase of him the said interests at the price of $3,500, with interest thereon from this date.”

The three years expired on the 7th of April, 1860. Holt failed to request…

2Cases cited1 opinion

  1. Page v. HughesCourt of Appeals of Kentucky · 1842

3Cited by12 opinions

  1. Montgomery v. Phoenix Mutual Life InsuranceCourt of Appeals of Kentucky · 1878
  2. Rounds v. Owensboro Ferry Co.Court of Appeals of Kentucky (pre-1976) · 1934
  3. Thompson v. FairleighCourt of Appeals of Kentucky (pre-1976) · 1945
  4. Nu-Way Service Stations, Inc. v. Vandenberg Bros. Oil Co.Michigan Supreme Court · 1938
  5. Tilton v. Sterling Coal & Coke Co.Utah Supreme Court · 1904

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