Cobb v. Jolley

26 Ga. App. 123 | Ga. Ct. App. | 1921

Stephens, J.

1. A contract executed by tlie payment of a sum of money — as $1 —- by one party, as a consideration- for a promise or undertak-ing by the other -party is not void for want of consideration. Southern Bell Tel. &c. Co. v. Harris, 117 Ga. 1001 (2) (44 S. E. 885).

2. The contract sued upon, as set out in the petition, is as follows: “ For the consideration of one dollar in hand paid, I hereby give W. S. Cobb ■ option on my two places known as' the Golden place and Flowers place in the 6th district of Tift county, to sell for me at $60.00 per acre net. Said places contain 440 acres, 263 acres in the Golden place and 177 acres in the Flowers place. This option expires Oct. 15, 1919. This 17th day of December 1918. [Signed] R. A. Jolley.” This contract - properly construed, is a contract giving to the plaintiff, as a real-estate broker, the right to sell for the defendant the real-estate mentioned in the contract, providing the sale nets the defendant $60 per acre.

3. In a suit by the broker the measure of damages for the breach of such a contract is the value of his services measured by a reasonable commission upon the selling price of the real estate.

4. The petition set out a cause of action, and the court erred in dismissing - it on demurrer.

Judgment reversed.

Jenkins,-P. J., and Hill, J., concur.

The petition alleges the execution of the contract set out, and that the plaintiff, W. S. Cobb, subsequently undertook to sell the property described in the contract, and submitted the property to various prospective purchasers, with a view to selling it according to the terms of the contract; that among those to whom he undertook to sell the property was G. D. Browning, who, after careful inspection, agreed to buy for $75 per acre the tract of land described in the said written instrument as the Flowers place; that Browning was able, ready, and willing to purchase the property for $75 per acre cash, and these facts were communicated by plaintiff to defendant; that the defendant refused to comply with the terms of the said written instrument and refused to sell the said property to Browning; that a reasonable commission for the sale of said property would have been and is 5% on the entire purchase-price, and amounts, on the above-described land, to $663.75. Similar allegations are made as to the tract of land described as the Golden place, which it is alleged the plaintiff undertook to sell to E. D. Smith and I. C. Touchstone and they agreed to buy for $70 per acre. A reasonable commission for the sale of this latter tract, it is,'alleged, amounts to $920.50. The petition concludes with a prayer "for judgment for the two amounts above named, to wit: $663.75 and $920.50.” The suit was filed within the time specified in the contract as the limit of the option.

R. D. Smith, S. Holderness, for plaintiff,

"cited: Civil Code (1910) § 4230, 4241; 117 Ga. 1001(2); 115 Ga. 866, 868; 66 Ga. 179; 104 Ga. 157; 130 Ga. 265, 269.

Boykin & Boykin, for defendant,

cited: 130 Ga. 265(1); 17 Ga..App. 677; 8 Ga. 71; 39 Ga. 81.