U.S. Supreme Court
Gutierrez del Arroyo v. Graham, 227 U.S. 181 (1913)
Gutierrez del Arroyo v. Graham
Submitted January 21, 1913
Decided February 3, 1913
227 U.S. 181
Held that the instrument involved in this case was an actual contract for purchase and sale of the land described therein, and not merely an option which expired at the time specified therein.
Accepting a lease of property described in a contract for sale thereof does not amount to an estoppel against enforcing the contract if the instrument recognizes an outstanding dispute and provides that rights on either side shall not be affected.
The facts, which involve the construction of a contract for sale of real estate in Porto Rico, are stated in the opinion.