Acadian Investment Co. v. Laird

FRUGÉ, Judge.

This is a suit by a real estate brokerage firm (“Acadian”) to recover a commission for the sale of a plantation. The plaintiff appeals from the dismissal of its suit.

On September IS, 1959, the defendant Laird executed an exclusive listing agreement with the plaintiff Acadian, whereby the latter was appointed the exclusive agent to sell a 1275-acre plantation owned by the Island Planting Company, Inc. (This corporation was made a co-defendant; Laird is its president and the stock in it is entirely owned by members of his family.) Plaintiff’s commission was to be five per cent of…