Case Name: Joseph Train, Respondent, v. J. Clarence Davies, Inc., Appellant
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1933-04-07
Citations: 238 A.D. 119
Docket Number: 
Parties: Joseph Train, Respondent, v. J. Clarence Davies, Inc., Appellant.
Judges: 
Reporter: Appellate Division Reports
Volume: 238
Pages: 119–119

Head Matter:
Joseph Train, Respondent, v. J. Clarence Davies, Inc., Appellant.
First Department,
April 7, 1933.
J. Philip Van Kirk of counsel [Kadel, Van Kirk & Trencher, attorneys], for the appellant.
Edward P. Sobel, for the respondent.

Opinion:
Per Curiam.
It was known to all the parties that the actual rental in this case was to be $2,310,000 and that the repayment of money loaned for the construction of the building on the leased premises was to be made by the payment of installments thereof with the rent.
The plaintiff was, therefore, entitled to a commission based on the actual rental of $2,310,000 and not the sum of $2,910,000. (See defendant's Exhibit " A.") The latter amount represented both the rent and the money loaned, plus the interest thereon.
The judgment should be modified by reducing the verdict from $9,315, with interest, to the sum of $5,715, with interest, and as modified affirmed, with costs to the appellant.
Present — Finch, P. J., McAvoy, Martin, O'Malley and Townley, JJ.
Judgment modified by reducing the judgment as entered to the sum of $6,802.27, and as so modified affirmed, with costs to the appellant.