Upon tbe facts agreed, it appears tbat on 14 December, 1886, tbe plaintiff granted tbe Wilmington and Weldon Railroad Company, now tbe- Atlantic Coast Line Railroad Company, tbe defendant, a right of entry and right of way ISO feet wide, through bis farm, “for tbe use, operation and business of a branch road then in contemplation” by said railroad company, with a provision, “Tbe said company to take no benefit from and incur no obligation by tbe execution of this deed, unless tbe branch road shall be located over tbe land of tbe party of tbe first part.”
This was not an unlimited grant by tbe plaintiff, to be left open for all time, without any compensating advantage from tbe party of tbe second part. The true and just construction of this agreement is tbat tbe railroad company did not obligate itself by accepting this paper to locate their track over tbe plaintiff’s land, and tbe plaintiff stipulated tbat tbe grant of tbe easement and right were to be void “unless tbe branch road shall be located over tbe land,” meaning “within a reasonable time,” of course. It could not be contemplated tbat tbe branch road should be located at once, nor, on tbe other band, that tbe location of tbe road should be indefinitely delayed.
As a matter of fact, it is agreed tbat tbe branch road has not yet been located over tbe plaintiff’s land, and tbe defendant made *389no offer to enter upon tbe land for that purpose, nor did any act under said agreement of 14 December, 1886, till 11 December, 1907, nearly twenty-one years, during all which time the plaintiff has been in continuous, uninterrupted possession of the land and cultivating the same.
The agreement of 14 December, 1886, conveyed no land by metes and bounds, but merely gave the railroad company the right to enter and lay out a right of way, with a stipulation that the defendant was not to be compelled to locate their road there, and that the easement was void if the road was not located.
The defendant having taken no action in nearly twenty-one years, his Honor properly held that the defendant could not now enter by virtue of the agreement. This was merely an executory contract, without any lines or boundaries which the railroad company might have executed and made definite by locating their track (Hemphill v. Annis, 119 N. C., 518), but, having delayed to do so for more thán ten years, the right to do so is lost, even if there had been no express stipulation of forfeiture by failure to locate. Beattie v. Railroad, 108 N. C., 437; Willey v. Railroad, 96 N. C., 408.
Even if this had been a deed for a valuable, consideration and for fixed and definite boundaries, the defendant would be barred by the adverse and exclusive possession for more than twenty years. Eevisal, sec. 384. This is not a case where the railroad company has taken possession of its right of way and’ operated its road. In such case the company is not barred of the right to take any part of its right of way which it has not till then seen fit to call for, by reason of any length of occupation, however. Railroad v. Olive, 142 N. C., 271. But here the defendant, having delayed over twenty years to enter and locate under its executory contract, has never acquired a fixed, definite right of way. It can still do so by purchase or by condemnation, but not under this contract.
As the defendant would acquire a right by entry and two years’ user if the landowner took no action within that time, it cannot complain that it has lost the right to enter — for which it paid nothing — by twenty-one years’ delay to render any benefit to the landowner by locating its track and building and operating its road.
The delay here is so great that the court properly held it unreasonable as a matter of law. Claus v. Lee, 140 N. C., 555.
The unlocated “floating” right of way was purely executory and was lost by the lapse of so great a length of time,, without *390effort to locate it. Lumber Co. v. Hines, 127 N. C., 131; Willey v. Railroad, 96 N. C., 408.
Tbe injunction granted is
Affirmed.