La Belle Coke Co. v. Smith

Citations

• 221 Pa. 642
• 70 A. 894
• 1908 Pa. LEXIS 544

Syllabus

<p>Vendor and vendee — Articles of sale — Specific performance — Title— Boundaries — Deeds—Equitable estate.</p> <p>A title bond or articles for the sale of land, which does not set forth the purchase price, nor the terms of payment, nor indicate what the purchaser is to perform, cannot be specifically enforced.</p> <p>Where an equitable owner of land under articles of purchase or a title bond, sells a portion of the land before he secures a deed, the grantee takes subject to the equities between the legal owner and the equitable owner. If a controversy between the legal owner and the equitable owner as to a boundary line is settled by a compromise deed, the purchaser of a portion of the land from the equitable owner, pending the compromise, will be bound by the boundary, line fixed by the compromise deed.</p>