Klebanoff v. Ponsell

OPINION

O’HARA, Judge.

This is the Court’s decision and order on the plaintiff’s motion for summary judgment.

*669Plaintiff, an individual trading as Bernard B. Klebanoff & Associates, is engaged in the business of finding purchasers for commercial enterprises. On November 13, 1969, Francis I. Ponsell, President and sole stockholder of Ponsell’s Drug Store, Inc., (defendant), signed a memorandum which provided:

“I agree to pay 5% (Five Percent) Finder Fee for sale of my drug store to Bernard B. Klebanoff Associates for helping consúmate sale of above drug store.

This does not include any prospective…