Rogers v. Ellsworth

COULSON, Justice.

This is an appeal from a judgment on the verdict against appellant Sam D. Rogers, defendant below, in a contract suit to recover a commission brought by T. P. Ellsworth, appellee.

Appellant was the majority shareholder of Rogers Explorations, Inc. (“REI”). Appellee was a “broker or ‘finder’ ” of business transactions in the geophysical exploration industry. Appellant expressed to appellee his desire to sell his stock, hopefully to a company which would merge or operate REI as a subsidiary. An agreement was reached, under which appellee proceeded to interest various prospects…