Titus v. Cunningham

Mrs. Helen J. Cunningham, owning a house and lot in New Orleans, employed Edward Murphy, a real estate broker, as her agent to sell the property. Louis J. Titus employed Gus L. Salomon, doing business as a real estate broker in the name of Gus L. Salomon, Inc., as his agent to buy the- property. The price asked was $7,500, which Titus was willing to pay; but he had in cash only $750. Salomon assured 'Titus that he (Salomon) could obtain for him a loan from a homestead association for the balance of the price; and, with that assurance, Titus gave Salomon $750 to be paid over to Mrs. Cunningham…