State Co. v. Finley

1. Deeds and Conveyances — Cities and Towns — Streets — Title Acquired — Subsequent Purchasers — Sleeping on Rights. A land company acquired certain lands, laid them off into lots, with streets, platted them and incorporated a town therewith, sold a part thereof to defendant for a farm, conveying the title to the streets within the boundaries of his conveyance, and defendant obtained a quitclaim deed from the town authorities to the streets thus conveyed: Held, (1) subsequent purchasers of lots in a different part of the towii so laid off could not maintain an action to enjoin defendant from blocking up the streets thus acquired by him on his' own land; (2) an action begun more than ten years after defendant had acquired the deed from the land company and the quitclaim deed from the town would be barred by plaintiffs having slept on their rights, if any they had. 2. Deeds and Conveyances — Cities and Towns — Streets — Title Acquired — Equitable Rights — Parties in Interest — Parties to Conveyance — Estoppel. When some of the plaintiffs claim as heirs at law of one who was an officer of defendant's grantor corporation, and, as such, a party to his conveyance, and the other plaintiffs are two corporations, the majority stock of wliich was held by one also an officer of defendant’s grantor, no equitable rights can be asserted by them.

ActioN tried before Justice, J., and a jury, at January Term, 1909, of WlLKES. In 1890, upon completion of tbe railroad to a point opposite "Wilkesboro, tbe "Winston Land Company purchased tbe land around tbe new station and laid it off into lots, streets and alleys for a town. Tbey made a map of tbe new town, wbicb they procured to be incorporated as North Wilkesboro. Tbe streets designated by tbe letters of tbe alphabet run east and west — B, C and D running westwardly to Reddie’s River. Tbe streets named by number — First, Second, Third, and so on-run north and south. Tbe town is laid off in tbe northeast angle formed by tbe junction of Reddie’s River with the Tad-kin. Lying between tbe town and these rivers, on the south and west of tbe town, is low bottom land, suitable for farming and subject to overflow. No lots were ever laid off in this bottom land, save between B, O and D streets, and no lots were sold west of an alley wbicb was laid off 170 feet west of Tenth Street. In 1893, tbe Winston Land Company laid off-an alley 30 feet wide, running from A to D streets, 170 feet west of and parallel with Tenth Street. It laid off tbe lots on this 170-foot strip lying between Tenth Street and this 30-foot alley, facing-these lots westwardly on Tenth Street. All tbe land west of this 30-foot alley north of B Street tbe land company sold to tbe defendant, by tbe acre, for farming purposes, and quitclaimed the streets and alleys wbicb bad been laid out thereon. In February, 1897, tbe town commissioners passed an ordinance vacating tbe streets and alleys wbicb bad been laid out by the-land company on the land sold as above to the defendant and, in addition thereto, tbe town executed a deed conveying to tbe defendant whatever rights tbe town bad in said discontinued streets and alleys. Upon these discontinued streets, lots and alleys, dwellings and manufacturing plants have since been erected. The streets, lots and alleys thus discontinued had been surveyed and laid down on the map, but the streets and alleys were never graded and no lots facing upon them were sold. Upon the conveyance to the defendant, in 1893, he fenced off his purchase. The plaintiffs. are owners of lots in the other parts of the town, but all these lots, except one, were acquired by them after the sale to the defendant, and the owners of that lot are the heirs of W. M. Absher, who was a large stockholder and director in the Winston Land Company, and, in his official capacity, party to the deed to the defendant. The only-other plaintiffs are the State Company and the Deposit Bank, of both of which W. E. Trogden is' president and owner of a majority of the stock. He was secretary, treasurer .and managing agent of the Winston Land Company, and as such was a party to the deed to the defendant. The summons herein issued 30 April, 1907. On motion the action was dismissed as on nonsuit.