Perkins v. Perkins

In March, 1923, appellants were the owners of certain property in the city of Seattle. The respondent was, and had been for some years prior thereto, the agent for appellants, and handled this property and certain other business transactions. About that time, the appellant being desirous of selling the property, respondent, acting as agent for them, arranged a sale to a Seattle contractor for $20,000, of which $10,000 was paid in cash, and $10,000 to be paid by a second mortgage. A $65,000 mortgage bond issue was floated on the property by respondent, the agreement being that the purchaser of…