Lonergan v. Scolnick: Difference between revisions
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*In March 1952, Scolnick put an ad in the paper offering to sell a plot of land. The ad didn't list a price. | *In March 1952, Scolnick put an ad in the paper offering to sell a plot of land. The ad didn't list a price. | ||
*Lonergan responded to the ad, and a series of letters between the two regarding the property and the sale thereof took place. | *Lonergan responded to the ad, and a series of letters between the two regarding the property and the sale thereof took place. | ||
*On April | *Scolnick told Lonergan that his minimum price was $2,500. | ||
*On April 8th 1952, the Defendant (Scolnick) wrote to the Plaintiff and said that he better hurry and make an offer, because he was expecting to sell the land shortly. | |||
*Scolnick then sold the land to someone else on April 12. | *Scolnick then sold the land to someone else on April 12. | ||
*A couple of days later, the Lonergan wrote to the Scolnick & offered to buy the land. | *A couple of days later, the Lonergan wrote to the Scolnick & offered to buy the land. | ||
{{Timeline|1=Scolnick writes to Lonergan|2=April 8th 1952|3=Scolnick sells the land to someone else for $2,500|4=April 12th 1952|5=Lonergan agrees to buy the land at $2,500|6=April 15th 1952|7=Lonergan opens an escrow account|8=April 17th 1952|9=|10=|11=|12=|13=|14=|15=|16=|17=|18=}} | |||
|procedural_history=Trial court found for the defendant. | |procedural_history=Trial court found for the defendant. | ||
|issues=Was there a contract? | |issues=Was there a contract? |
Revision as of 16:19, December 1, 2023
Lonergan v. Scolnick | |
Court | California Court of Appeal |
---|---|
Citation | 276 P.2d 8 |
Date decided | November 23, 1954 |
Case Opinions | |
majority | written by Charles R. Barnard joined by Griffin, Mussell |
Facts
- "Scolnick" = defendant = owner of a 40-acre plot of land = seller
- "Lonergan" = potential buyer
- In March 1952, Scolnick put an ad in the paper offering to sell a plot of land. The ad didn't list a price.
- Lonergan responded to the ad, and a series of letters between the two regarding the property and the sale thereof took place.
- Scolnick told Lonergan that his minimum price was $2,500.
- On April 8th 1952, the Defendant (Scolnick) wrote to the Plaintiff and said that he better hurry and make an offer, because he was expecting to sell the land shortly.
- Scolnick then sold the land to someone else on April 12.
- A couple of days later, the Lonergan wrote to the Scolnick & offered to buy the land.
April 8th 1952
Scolnick writes to Lonergan
Scolnick sells the land to someone else for $2,500
April 12th 1952
April 15th 1952
Lonergan agrees to buy the land at $2,500
Lonergan opens an escrow account
April 17th 1952
Procedural History
Trial court found for the defendant.
Issues
Was there a contract?
Arguments
Plaintiff said that a contract already existed.
Holding
No contract had been formed.
Judgment
Affirmed.
Reasons
- Judging from the Defendant's language, he intended to sell the land to the first-comer. The ad in the paper was only a request for an offer.
- The lack of specificity in the ad and the "over subscription problem" (elevated interest for a newly available offering causes demand to outstrip supply).