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Action hy plaintiff, a licensed broker’s agent, to recover from defendant corporation the sum of $16,000 claimed as commissions due plaintiff for services rendered defendant in sale of some of defendant’s capital stock.

The trial was by the court without a jury and the court found that “within two years last past plaintiff performed and rendered services for defendant at the instance and request of defendant, which services were and are of the aggregate and reasonable value of $2,250, no part of which has been paid.” Judgment accordingly was rendered for plaintiff and defendant appealed.

Defendant was incorporated under the laws of the state of Delaware, with an authorized capital stock of $5,000,000, for the “particular purpose of engaging in the brokerage business, handling bond and first mortgage issues, particularly operating at Santa Barbara and vicinity.” Upon application to the state corporation department of the state of California, defendant, for the purpose of acquiring a working capital, was granted permission to sell and issue 25,000 shares of its preferred and 25,000 shares of its common stock in units of one of preferred and one of common, at and for the price of…