Phelps

Phelps v. Brown

Good Law
1891 Cal. LEXIS 1291·3 Cal. Unrep. 427·27 P. 420
Supreme Court of CaliforniaAugust 7, 1891No. 13,277California945 words

Opinion

Lead Opinion

Belcher, J.

It appears from the findings in this case that in June, 1887, one Norton and wife owned a tract of land *428 in Santa Clara county, which was encumbered by a mortgage for $9,000, and the plaintiff, a married woman, owned a house and lot in the city of San Jose. The Nortons wished to exchange their land for the lot of plaintiff, and to negotiate the exchange they employed the defendants, who were real estate agents doing business in San Jose as partners under the firm name of Brown & Ensign, and orally agreed to pay them $500 as a commission if the exchange should be made. The proposition of the Nortons was that they would convey their land to the plaintiff for $20,000. and in payment thereof she should assume and pay the mortgage on the land, and should convey her lot to them for $6,500, and pay to them the balance of $4,500 in cash when the deeds should be executed. This proposition was put in writing and given to the defendants, and they delivered it to the plaintiff. She was willing to accept the proposition and make the trade if she could realize $6,750 for her lot, and not otherwise. The defendants then agreed to pay her $250 out of their commissions when the trade should be…

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