Muir v. Stevens
Muir v. Stevens
Opinion of the Court
The appellee, Stevens, a broker, sued the appellant, Muir, to recover a commission for his services in procuring a purchaser for the assets of the Commercial National Bank of El Paso, and the stock of said bank, owned by Muir. It was alleged by the plaintiff that he procured such a purchaser and that the transaction was consummated by the consolidation of said bank and the Security Bank & Trust Company, whereby the latter took over and paid for the assets of the Commercial National Bank and that Muir received stock in the Security Bank & Trust Company in exchange for his stock in the Commercial Bank.
Verdict was returned and judgment rendered in favor of the plaintiff for $1,200.
Under the first and last assignments, it is asserted that the evidence is insufficient to show that the plaintiff brought the two banking institutions together, or that he was the efficient or procuring cause of the consolidation, and insufficient to show that plaintiff was the cause of the sale of the stock of Muir in the Commercial Bank to the consolidated institution.
Affirmed.
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