Davis v. Pacific Studios Corp.

CAMPBELL, J., pro tem.

This is an appeal from a judgment entered in favor of respondent and against appellant on account of a compromise agreement. The allegations of the complaint may be summarized as follows:

In May, 1920, A. W. Scott and Frank Burt were promoting the Golden Gate Cinema Studios Corporation and engaged plaintiff as fiscal agent for the sale of its stock, agreeing to pay him twelve and one-half per cent brokerage or commission “of the amount of all stock issued or subscribed for”; that plaintiff commenced preparations for- the sale of the stock, etc., but that before the…