Schuessler v. Northeast Development Co.

CORN, Justice.

The matter which provided the -basis for the litigation resulting in this appeal may be summarized as follows: V. L. Downing was president of the Northeast Development Co., a corporation, which owned a 12 unit apartment house in Oklahoma City, Oklahoma. The property was listed for sale with defendant Cochran, a licensed broker, who advertised same for sale. As a result of such advertising he was brought in touch with plaintiffs and in April, 195'0, began negotiations directed toward their purchase of the property. These negotiations culminated in plaintiffs signing a contract of…