Cobb v. Jolley
This text of 105 S.E. 630 (Cobb v. Jolley) is published on Counsel Stack Legal Research, covering Court of Appeals of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
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.
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Cite This Page — Counsel Stack
105 S.E. 630, 26 Ga. App. 123, 1921 Ga. App. LEXIS 14, Counsel Stack Legal Research, https://law.counselstack.com/opinion/cobb-v-jolley-gactapp-1921.