New York, New Haven & Hartford Railroad v. Butter

This bill in equity is brought for specific performance of a written agreement, dated May 19, 1927, for the conveyance of a parcel of land adjoining the plaintiff’s location. The agreement recites that the land is to be conveyed by the defendant Butter to the plaintiff “by a good and sufficient quitclaim deed ... on the 1st day of July, 1927, at 12 noon,” and provides that “In case the party of. the first part cannot give a good and sufficient deed then the obligations of both parties shall cease.” The bill alleges in the second paragraph that “The respondent Butter was unable,. on the first…