Sunset Holding Corp. v. Home Title Insurance

This action was commenced in September, 1930, to recover the sum of $20,142.99 damages. It was alleged, in substance, that the plaintiff employed the defendant to examine and insure the title to certain premises which it had contracted to purchase pursuant to a contract dated March 17, 1926, for which it agreed to pay the defendant its customary and reasonable fees for such examination and insurance; that the defendant thereafter made a title report to the plaintiff, in reliance upon which the plaintiff performed its contract to purchase said premises; that thereafter plaintiff discovered…