Novakovich v. Union Trust Co.
Supreme Court of Arkansas
Appeal from Pulaski Circuit Court; Robert I. Lea, Judge; A contract of agency may be revoked at any time before sale unless coupled with interest or given for a valuable consideration.
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Appeal from Pulaski Circuit Court; Robert I. Lea, Judge; A contract of agency may be revoked at any time before sale unless coupled with interest or given for a valuable consideration. Proposed compensation by way of percentage on the amount of proceeds derived from the sale constitutes no such interest, neither will expenditures made by the agent in the effort to make the sale come within the rule of agency coupled with interest. 1 Warvelle on Vendors, § § 218, 219; 1 Am. & Eng. Enc. of L. 1217; 11 Ore. 361; 73 Ala. 372. Revocation may be effected in any manner showing the intention of the…
1Opinion of the CourtBattuE, J.
On the third day of June, 1907, the Union Trust Company, a corporation, brought this action against Nick Novakovich and wife to recover $225 as commissions on the sale of certain real estate. The action was based on the following contract :
“Tittle Rock, Ark., February 25, 1907.
“I have this day placed with the Union Trust Company for sale the property described on the reverse side of card of which I am the owner.
“The said Union Trust Company shall have the sole agency of sale for the above property for three months from the date hereof, and after until notified by me in writing of its…
2Cases cited2 opinions
- Rowan & Co. v. HullWest Virginia Supreme Court · 1904
- Clark v. DalzielCalifornia Court of Appeal · 1906
3Cited by15 opinions
- Dorn v. Stanhope Steel, Inc.Supreme Court of Pennsylvania · 1987
- Blumenthal v. BridgesSupreme Court of Arkansas · 1909
- Cloe v. RogersSupreme Court of Oklahoma · 1912
- Braniff v. BaierSupreme Court of Kansas · 1917
- Flynn v. McGintySupreme Court of Florida · 1952
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