Court Opinion

ID: 5546243
Source: CourtListenerOpinion
Date Created: 2022-01-10 18:59:44.805113+00
Date Added: 2024-06-11T08:34:55.695236
License: Public Domain

BOOKSTAVER, J.
This action was brought to recover commissions as broker upon the sale of 2,000 shares of the stock of the Standard Gaslight Company, 1,000 preferred and 1,000 common, to one B. T. Babbitt, under an alleged agreement with defendant that plaintiff should receive $5 for each share of the common and preferred stock sold by him, or through his instrumentality. The complaint further alleges that plaintiff was misled by certain false and fraudulent representations of the defendant, relying upo-n which he accepted $500 as his compensation in the matter. The action is brought against the defendant individually. The facts admitted and proven on the trial show that the preferred stock was the property of the gas company, of which defendant was president, and that the common stock belonged to him individually.
At the close of the case, it was admitted by plaintiff’s counsel that plaintiff had no right of action against defendant, individually, for. commissions on the sale of the preferred stock, as such stock was owned by the company, and not by the defendant, but neither at that time nor at any other did he move to amend his complaint. The court charged, at defendant’s request, as follows: “If the jury find that plaintiff was not employed by defendant to *375sell the 1,000 shares of preferred stock bought by Babbitt, but was employed to make said sale by the Standard Gaslight Company, and made sales on its account, then he cannot recover in this case, upon the cause of action set forth in the complaint herein, from the defendant, Andrews, any sum as a commission for the sale of the 1,000 shares of common stock owned by Andrews and bought by Babbitt,”—which was not objected to nor excepted to by plaintiff. Thus the law of this case, as so charged, was accepted by both parties. In .view of the unqualified admission of plaintiff’s counsel, and under such accepted statement of the law, and in view of the pleadings, the motion to dismiss made by defendant at the close of the case should have been granted; and therefore, as its denial was duly excepted to, the judgment and order must be reversed, and a new trial ordered, with costs to the appellant to abide the event. All concur.