Legal Opinion

Peet v. Sherwood

Supreme Court of Minnesota

Decided June 9, 1890PublishedCited by 18 opinions

Action brought in the district court for Ramsey county, to recover $375 for services under an employment to procure a real-estate-mortgage loan. At the trial, before Kelly, J., at the close of the evidence, each party moved that a verdict be directed in his favor. A verdict was directed for defendants, a new trial was refused, and the plaintiff appealed.

1Opinion of the CourtCollins, J.

Plaintiff was a mortgage-loan broker, to whom defendants applied for a loan of $20,000 upon a city lot. The application was in writing, upon a blank furnished by plaintiff, in which the lot was particularly described as to size and location. In reply to one of the printed questions, defendants stated' that the lot was free and clear of all liens and incumbrances, except “$16,825, to be clear.” Thereupon plaintiff undertook to secure the required amount from eastern parties. A few days later, upon being informed that so large a sum could not be had upon the security offered, defendants agreed…

2Cases cited4 opinions

  1. Knapp v. . WallaceNew York Court of Appeals · 1869
  2. Doty v. MillerNew York Supreme Court · 1865
  3. Vinton v. BaldwinIndiana Supreme Court · 1882
  4. People v. BezyCalifornia Supreme Court · 1885

3Cited by18 opinions

  1. Fitzpatrick v. GilsonMassachusetts Supreme Judicial Court · 1900
  2. Tracy v. O'NeillSupreme Court of Connecticut · 1925
  3. Kahili, Inc. v. YamamotoHawaii Supreme Court · 1973
  4. Pittsburg Plate Grass Co. v. LearySouth Dakota Supreme Court · 1910
  5. Bank of Benson v. HoveSupreme Court of Minnesota · 1890

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