Pease v. Field
Opinion of the Court
An examination of the very voluminous case justifies the verdict of the jury. ' The facts preceding the contract on which the claim rests are not disputed. C. M. Foster and C. E. Foster, under the name of C. M. Foster & Co., failed in business, and made a general assignment. At the time of the assignment there was a large amount of the goods assigned represented by warehouse receipts upon which advances had been made. The assignors offered^ their services as salesmen of the goods so held, and, while some of the creditors agreed to the terms, there were instances where advances were needed to carry out the proposals. It was finally arranged that the goods should be sold through the intervention of the defendants’ firm under an agreement that that firm was to have services and 7J- per cent, commission. C. M. Foster, under this arrangement, was to be paid 3| per cent, for making the sales. The defendants obtained finally an increase of commissions, so as to get 8 per cent., but no change was made in commission to Foster. Foster sold at private sale a large amount of the goods, and was substantially, if not entirely, paid for the sales at 3| per cent. The defendants sold the remaining goods at auction, and claimed that the agreement only was addressed to such goods as were sold by Foster at private sale. This was the question tried by the jury. It is, in the first place, very clearly shown that the efforts of C. M. Foster to obtain the selling at private sale was for his own profit. It' was to get the commission, and to that end he procured the assent of the creditors, and the employment of the defendants’ firm. If the defendants had the right to sell at auction, and get 8 per cent., and allowed Foster nothing, it would not be a result that would be fair to Foster. The parties acted on a different assumption for some two months, and when the defendants agreed to sell at auction. While the auction sales were continued the defendants stated that Foster was entitled to his commissions “ any way. ” The witness Tallmadge, who was one of the holders of warehouse receipts, testifies that it was the agreement that all the goods were to be sold by the defendants, and that Mr. Foster would sell the goods at private sale at better prices than would be realized if forced on the market, and that on that account the defendants were to have the 8 per cent, commissions. Foster’s father and son both testify that the arrangement was to cover the entire list of goods, and that the commissions were to be divided equally. Mr. Foster was to receive 5 per cent, from these creditors who assented, which included most of the goods, but by reason of the needed advancement he would get them to advance the amount to 7§ per cent., and they would divide it. The subsequent ad
Pratt, J., concurs.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.