Firestone

Firestone v. O'Brien

Good Law
97 Cal. App. 43·274 P. 1006
Court of Appeal of CaliforniaFebruary 19, 1929Docket No. 5904.California2,542 words

Opinion

Lead Opinion

Needham, J.

The salient points alleged by plaintiff in his complaint are that he listed real estate with the defendant Allen & Company, real estate brokers, on June 25, 1924, for sale for the sum of $8,500; that Allen & Company represented to plaintiff that this amount could not be obtained for the property listed, and relying thereon he authorized Allen & Company to sell same for not less than $7,500; that on July 8, 1924, Allen & Company as plaintiff’s agent sold the property for $7,500 to the defendant O ’Brien, who was an employee of Allen & Company; that defendant O’Brien deposited $250 with Allen & Company as a part payment upon the purchase price; that on July 21, 1924, plaintiff delivered his deed conveying the property to O’Brien, to Allen & Company; that the defendants have acted with intent to defraud plaintiff, and intentionally misled him, by advising him that the best price they could obtain for the property was $7,500, when they knew that a higher price was obtainable; by selling the property for $7,500 without making a reasonable effort to obtain a higher price, and at the time having knowledge of par ties who would give a sum in excess of $7,500; by selling the property to…

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