Cosgrove v. Leonard Mercantile & Realty Co.
Cosgrove v. Leonard Mercantile & Realty Co.
Opinion of the Court
— This is an action to recover commissions for the alleged sale by the plaintiffs, as real estate brokers, of 80 acres of real estate in “Jasper county belonging to the defendant.
The petition is in three counts. The first count alleges that the defendant placed the land in the plaintiffs’ hands for sale at the price of $50,000;' that the plaintiffs procured a purchaser therefor at the price of $150,000, and the defendant sold the land to such purchaser, the Chitwood Hollow Mining Company, at that price; that it was agreed that the-plaintiffs should re
The second count alleges that by a written contract the defendant placed the land in the plaintiff’s hands as its agents for sale at the price of $50,000, of which the plaintiffs were to receive ten per cent as their commission, and whereby it was agreed that the commission was to be paid “whether said land shall be sold and conveyed directly or whether it should be sold by and through the organization of a stock company, and the money value of said land should be realized by the. sale of stock issued by such company;” that the plaintiffs performed all the conditions of the contract on their part and visited Chicago and induced Dexter and John-, son to form a stock company, known as the Chitwood Hollow Mining Company, and'the defendant conveyed the land to said company for a recited consideration of one hundred ,and fifty thousand dollars, and shares of stock of said company of the par value of one hundred and fifty thousand dollars were issued, all of which, except three shares, were issued to and held by the defendant; that through the agency and efforts of the plaintiffs the defendant has received one hundred thousand dollars from the sale of said stock; that the plaintiffs have received $1,300 on account of their commissions and there is a balance due them of $8,700 for which judgment is asked.
The third count of the petition alleges that the land was placed in their hands, by a written contract, for sale at the price of $50,000, and that they were to receive ten peí cent commission on the amount realized by the defendant, to be paid when the purchase price was received, whether the land was sold directly or. through the organization of a stock company and the money value of the land realized by the sale of stocks; that the plaintiffs advertised the land for sale and
The answer is, first, a general denial, except as modified by the further allegations of the answer, and second, a special defense, to-wit, that on December 22, 1896, the defendant entered into a written contract with the plaintiffs which is set out in full, whereby it placed the land in the plaintiffs’ hands, as its agents, for sale at the price of $50,000; the defendant to furnish a complete abstract of title, make deeds to such persons as the plaintiffs directed, upon payment of the money stated, but to have a right to1 lease the land and collect royalties
‘ ‘ That said parties of the second part shall receive as compensation for their services in selling said land a commission of ten per cent on the amount realized for same by party of the first part, said commission to be paid as the purchase price may be paid to party of the first part, and said commission of ten per cent shall be due and payable to said Cosgroves whether said land be sold and conveyed directly to purchaser or purchasers, or whether it may be sold by and through the-■organization of. a stock company, and the money value of said land realized by said party of the first part by the sale of stock issued by said company.
“This contract to remain in force for the period •of ninety days from the date hereof, but it is expressly .agreed and understood by the parties to this contract-that in case a trade shall be pending with any customer secured by said Cosgroves, at the date of the expiration of this contract, and the deal be consummated after the expiration of this contract, by either Cos-groves or party of the first part, with- such customer, "then said Cosgroves shall be entitled to said commission ■of ten per cent on said sale. ”
The answer then concludes with the following defense : •
“Defendant further states that no purchaser was -ever procured for said land, as a tract of land, and it was thereafter determined and, agreed to attempt to realize the said sum of $50,000 to defendant therefor, by the organization of a corporation, the entire capital -stock of which was to be owned by the president and secretary of defendant, and then the stock of said proposed corporation was to be sold and the money realized "through the sale of such stock. That the officers of de- . fendant caused to be organized a corporation known as the Chitwood Hollow Mining Land Company, the entire capital stock of which was owned or controlled by
The reply is a general denial.
At the trial the plaintiff introduced and read in evidence the' contract ,of December 22, 1896, which was set up in full in the defendant’s answer, and then read in evidence the articles of association and certificate of incorporation of the Chitwood Hollow Mining Land
The plaintiffs then offered to show “that after selling some 300 shares of the stock at 33 1-3 cents on the dollar, they raised the price of the stock — the defendant did, or whoever held the stock — to 40 cents and re
The defendant objected to the offer as made on the ground that it was incompetent, irrelevant and immaterial and not proper under the pleadings. The court sustained the objection, and the plaintiffs excepted. Thereupon the plaintiffs rested, and the court gave the following instruction: “The court instructs the jury that under the pleadings and the evidence you should find the issues for the plaintiffs for $1,511.06,” that being the amount tendered By the defendant. Thereupon the plaintiffs took a nonsuit, with leave, and upon its being overruled, after proper steps, they appealed.
I.
The first error assigned is the action of the court in giving the peremptory instruction at the close of the plaintiffs’ case.
The first count of the petition is predicated upon the proposition that the transfer of the land by the defendant to the Chitwood Hollow Mining Land Company, and the issuance by that company to the defend■ant of the one hundred and fifty thousand dollars of the stock of the mining company, constituted a sale of "the land for that sum, and hence the plaintiffs are entitled to ten per cent thereof.
The evidence wholly fails to support this contention. It will be observed that the contract was dated December 22, 1896, and that its life was limited to ninety days from that date. During, that time nothing whatever was accomplished by the plaintiffs looking towards a sale of the land. The evidence shows that on April 10, 1897, which was nineteen days after the contract of December 22, 1896, had expired by its terms, •the mining company was organized.
The second count of the petition is bottomed on the proposition that through the agency of the plaintiffs’the defendant realized one hundred thousand dollars from the sale of stock in the mining company.
The plaintiff’s evidence shows that through their efforts Charles W. Johnson was induced to “take hold” of the matter, and that he effected the sale of three hundred shares of the stock for the sum of ten thousand dollars, which the defendants received. This showing would entitle the plaintiffs to one thousand dollars, commissions, but the plaintiffs admit in this court that they have been paid $1,300. So that upon this showing the plaintiffs would not be entitled to recover anything ■upon the second count, having already received three hundred dollars more than they have shown themselves entitled to.
But the defendant’s answer makes out a better case for the plaintiffs under this count than they have made out for themselves, for it admits that through the efforts of the plaintiffs, under the contract, the defendant sold three hundred and five shares of stock at $33.33 1-3, amounting to $10,166.66, and also four hundred and thirty shares at forty dollars a share, amounting to
The third'count of the petition rests upon the proposition that the plaintiffs ’ efforts enabled the defendant to realize one hundred thousand dollars from the sale of the .stock and that they aré reasonably entitled to recover ten thousand dollars of which $1,300 had been received.
The evidence does not support this count. As before stated, the plaintiffs’ evidence shows that only three hundred shares of stock were sold by reason of their efforts. The defendant admits in its answer that 'they sold 735 shares by reason of the plaintiffs’ efforts, for $27,366.66, and that it had paid the plaintiffs $1,300 and still owes them $1,436.66, which with interest they tendered. The evidence shows that the defendant sold to Franklin Playter, of Boston, seven hundred and sixty shares of the stock at fifty dollars a share, amounting to thirty-eight thousand dollars, but this was' not brought about in any manner or degree by the .plaintiffs, for Playter did not know the plaintiffs or Johnson until several months after the sale.
Under the pleadings and. evidence, therefore, the plaintiffs were entitled to recover only $1,541.06 and the court properly directed the jury to return a verdict for the plaintiffs for that sum.
The plaintiffs claim, however, that the court erréd in refusing to allow them to' show that after three hundred shares had been sold at 33 1-3 cents a share, the defendant raised the price to forty cents a share, and
There was no'error in the ruling of the court in this regard, for there was no. issue in the case to which such evidence could apply. There is no averment anywhere that the defendant ever agreed to allow the plaintiffs to sell the stock at thirty-three and a third cents a share. There is an averment that the price of the land was first fixed at fifty thousand dollars, but there is no averment that when the defendant had received fifty thousand dollars from the sale of the stock, the balance of the stock held by it, if any, should cease to belong To it. The fact is the land represented all of value that the stock was based upon. This is not a suit for damages for breach of the contract, caused by the refusal of the defendant to allow the plaintiffs to sell the stock, but the action proceeds upon the opposite theory that the land or stock had actually been sold through the efforts of the plaintiffs and. That the defendant had actually received, one hundred and fifty thousand dollars, according to the first count, or one hundred thousand dollars, according to the second and third counts, of which the plaintiffs were entitled to ten per cent.
It never was permissible to declare upon a contract and seek to recover as for a performance of the contract, and then be allowed to recover damages as for a breach of the contract. [Cole v. Armour, 154 Mo. l. c. 350.] Notwithstanding the laxity of the code practice, the probata must still tend in the same direction as the allegata, and not flatly contradict it.
The judgment of the circuit court is right, and is affirmed.
Reference
- Full Case Name
- COSGROVE v. LEONARD MERCANTILE & REALTY COMPANY
- Cited By
- 1 case
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- Published