Majority
p. 153ACROPOLIS REALTY CO. v. FROELICH. (Supreme Court, Appellate Term. March 5, 1908.) Argued before GILDERSLEEVE, P. J., and BISCHOFF and MacLEAN, JJ.
Headnote
Brokers—Commissions—Procuring Purchaser.A broker, by producing a party willing to negotiate on a change of the terms, is not entitled to compensation as for producing a purchaser ready and willing to enter into a contract of sale on the terms stated by the owner.
[Ed. Note.—For cases in point, see Cent. Dig. vol. 8, Brokers, § 97.]
Appeal from Municipal Court, Borough of Manhattan, Seventh District.
Action by the Acropolis Realty Company against Jacob Froelich From a judgment for defendant, plaintiff appeals. Affirmed.
Milton Mayer, for appellant.
Daniel Drangle, for respondent.
It is apparent from this record that the plaintiff did not produce a purchaser ready and willing to enter into a contract of sale upon the terms stated by the defendant to this broker. At best, a party was produced who was willing to negotiate for a change of the terms, so far as they related to the presence of a mortgage shortly maturing, and no real transaction was concluded.
The justice properly exercised his discretion favorably to the motion to set aside the verdict, and the order granting a new trial is therefore affirmed, with costs.