Legal Opinion
Margolis v. Los Angeles-First National Trust & Savings Bank
California Court of Appeal
Decided March 28, 1932No. Docket No. 4540PublishedCited by 5 opinions
1Opinion of the Court
THOMPSON (R. L.), J.
This is an appeal from a judgment against the plaintiff in an action upon an assigned contract for the payment of broker’s commissions for the sale of real estate.
The defendant owned 312 lots in tracts 5320 and 5344 of Los Angeles. O. B. Smith was a duly licensed real estate agent. He was employed to sell these lots at specified prices.' The contract provides for the payment of broker’s commissions in the following language: “Said Smith shall receive as his sole commission that portion of the price obtained for each lot which is in excess of the list price, ... (in the…
2Cases cited3 opinions
- Borland v. Nevada BankCalifornia Supreme Court · 1893
- Crane v. EddyIllinois Supreme Court · 1901
- Cannon v. SelmserCalifornia Court of Appeal · 1927
3Cited by5 opinions
- Dallas Dome Wyoming Oil Fields Co. v. BrooderWyoming Supreme Court · 1939
- Goodfellow v. GoodfellowCalifornia Supreme Court · 1933
- Fletcher Realty, Inc. v. Hayslope PropertiesCourt of Appeals of Tennessee · 1986
- Thomas v. LaveryCalifornia Supreme Court · 1932
- Zaltman v. ForbesMassachusetts Appeals Court · 1974