Burke v. Thomas J. Fisher & Co.
Opinion
Anne Burke and River Road Development Corporation appeal from the District Court’s judgment which dismissed their complaint against Leo F. Donovan and Catherine J. Donovan for specific performance of a contract for the sale of real estate or, alternatively, for damages in the sum of $150,000. Thomas J. Fisher & Company, Inc., the real estate broker with which Burke and River Road had made a deposit of $5,000, appeals from the judgment, which in effect forfeited the deposit, and ordered it divided equally between the Fisher company and the Donovans.1
[768] Although the Fisher company’s cross-claim against the Donovans for a commission of five per cent, amounting to $9,500, was not discussed in the trial court’s opinion2 and was not expressly dealt with in the judgment, Fisher devoted its argument on appeal to the proposition that the cross-claim was improperly dismissed. Doubtless such dismissal is implicit in the judgment, since the court concluded as a matter of law that the sellers had properly declared a forfeiture. It followed, therefore, that the Fisher company was entitled to only $2,500, or one half of the deposit forfeited when the buyer defaulted.
We see no reason to disturb the judgment of the District Court.
Affirmed.
Footnotes
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219 F.2d 767 (Burke v. Thomas J. Fisher & Co.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.