Reid v. McRae

1. Where in a settlement between a landlord and a tenant the landlord credited the tenant with a sum for which the tenant agreed that "as soon as the same arrived and was ready for delivery" he would "turn over" to the landlord a check for "parity on cotton" which he was to receive from the Federal government, and where on receipt of the check he failed and refused to indorse and deliver it to the landlord, the tenant being insolvent, the landlord could maintain an action for specific performance to require the tenant to indorse and deliver the check in accordance with the agreement. The…