W. J. Folsom, Sr., and W. J. Folsom, Jr. v. Young & Young, Inc

TUTTLE, Circuit Judge.

In September 1952, appellee corporation, a real estate broker incorporated in and doing business in Florida, entered an agreement with appellants, real estate brokers in Georgia, that each would refer to the other prospective purchasers for property listed with the other party, in consideration of which the latter was to pay an amount equal to one-half of any commissions earned on sales made to prospects so referred. In accordance with this agreement appellee referred to appellants a prospective buyer who thereupon purchased a motor court in Augusta, Georgia, appellants…