Grace v. Dry Dock Savings Bank

The complaint herein is for brokerage commissions allegedly due pursuant to contract. Grace (the plaintiff), Dry Dock Savings Bank (the defendant and interpleading plaintiff), and the Knolls Cooperative Section No. 2, Inc. (the interpleaded defendant) specified by written agreement that plaintiff 6 ‘ is the *557only party in the capacity of broker or otherwise who has negotiated for the placing of ” a mortgage loan by Knolls with Dry Dock, and that Dry Dock was to pay to the plaintiff “ as and for his brokerage or commissions in full an amount equivalent to 1 -%% of the principal amount of the…