Smith v. Farrell

Edward J. Farrell, a real estate broker, filed motion for judgment against Mayer Smith for $371,679.03 as damages resulting from a breach of an oral contract entered into between the parties on Tune 15, 1954.

He averred in his motion that Smith agreed to construct 1500 houses in a subdivision known as Ada Valley, Anne Arundel County, Maryland, beginning “on or near September 18, 1954, and to be completed within a reasonable time thereafter.” He further alleged that he (Farrell) was to expend funds to promote and advertise the subdivision not to exceed ten per cent of commissions earned, which…