Development Investment Corporation v. Diversa, Inc.

DAVIS, Justice.

A summary judgment case. Plaintiff-appellant, Development Investment .Corporation, hereinafter referred to as plaintiff, or DIC, sued defendant-appellee Diversa, Inc., hereinafter referred to as defendant, or Diversa, for the value of services rendered by plaintiff to defendant pursuant to an oral contract; or, for compensation, or a so-called “Finders Fee” allegedly due plaintiff in connection with the purchase by defendant of the stocks in three insurance companies from the Blakley-Braniff Foundation.

According to the pleadings, during the latter part of the year of 1961,…