Case ID: ny_245/html/0522-01.html
Source: Caselaw Access Project
Author: {"author": "", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Marvyn Scudder, Appellant, v. J. Mitchell Hoyt et al., Respondents.
    (Argued February 24, 1927;
    decided March 29, 1927.)
    
      Commissions — loans — action to recover commissions for procuring loan — complaint dismissed under provision of section 380 of General Business Law limiting commissions to one~half of one per cent
    
    
      Scudder v. Hoyt, 218 App. Div. 11, affirmed.
    Appeal from a judgment of the Appellate Division of the Supreme Court in the first judicial department, entered June 10, 1926, affirming a judgment in favor of defendants entered upon a dismissal of the complaint by the court at a Trial Term. The action was to recover on a written contract whereby defendants agreed to pay three and one-third per cent commission to plaintiff for his services in procuring a loan to a corporation in which they were interested. The complaint was dismissed on the ground that section 380 of the General Business Law, providing that no one shall receive more than one-half of one per cent for procuring loans, other than on real property, applied.
    
      Henry Woilman, Edward S. Seidman and Robert 0. Starr for appellant.
    
      Samuel H. Kaufman and Leo Oppenheimer for respondents.
   Judgment affirmed, with costs; no opinion.

Concur: Cardozo, Ch. J., Pound, Crane, Andrews, Lehman, Kellogg and O’Brien, JJ.