Pearson v. Williams' Administrators
New York Supreme Court
ERROR from the Supreme Court. Williams’ administrators brought an action of covenant against Pearson i,n the superior court of the city of New-York,, on an instrument in writing under seal, executed by the defendant, Isaac Green Pearson, in the following words: “ In consideration that Cornelius Tiebout Williams, for the consideration of twenty-one thousand dollars only, has by deed of this, date conveyed to Isaac Gr.eep Pearson fourteen lots of land in the twelfth ward of…
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ERROR from the Supreme Court. Williams’ administrators brought an action of covenant against Pearson i,n the superior court of the city of New-York,, on an instrument in writing under seal, executed by the defendant, Isaac Green Pearson, in the following words: “ In consideration that Cornelius Tiebout Williams, for the consideration of twenty-one thousand dollars only, has by deed of this, date conveyed to Isaac Gr.eep Pearson fourteen lots of land in the twelfth ward of the city of New-York, to wit: seven on the north-easterly side of Sixteenth-street, and seven op the south-westerly side…
1Opinion of the Court
After advisement, the following opinions were delivered:
By the Chancellor.
I think there is no room to doubt the correctness of the decision of the supreme court in this case. The object of the parties to the agreement is very evident. The one wanted to purchase the lots upon a speculation, for the lowest price for which they could be obtained.. The other not only wanted to sell his lots at the price agreed to be paid) but also to secure the improvement of the lote within a certain specified time, for the benefit of the véhders of other property, or to enhance the *632value of what he had left, or…
2Cited by7 opinions
- Smith v. BergengrenMassachusetts Supreme Judicial Court · 1891
- O'Connor v. CollinsNew York Court of Appeals · 1925
- Lake View Mining & Manufacturing Co. v. HannonSupreme Court of Alabama · 1890
- Smith v. WedgwoodSupreme Judicial Court of Maine · 1883
- Juliaetta Tramway Co. v. VollmerIdaho Supreme Court · 1895
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