Maxwell v. Alexander Hamilton Apartments, Inc.

215 A.D. 348, 213 N.Y.S. 401, 1926 N.Y. App. Div. LEXIS 10965
CourtAppellate Division of the Supreme Court of the State of New York
DecidedJanuary 15, 1926
StatusPublished
Cited by3 cases

This text of 215 A.D. 348 (Maxwell v. Alexander Hamilton Apartments, Inc.) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Maxwell v. Alexander Hamilton Apartments, Inc., 215 A.D. 348, 213 N.Y.S. 401, 1926 N.Y. App. Div. LEXIS 10965 (N.Y. Ct. App. 1926).

Opinion

Burr, J.

The action is for broker’s commissions. The plaintiff alleges in his complaint:

VII. That heretofore and on or about the 23rd day of March, 1923, the said defendant, acting by and through the said Harry Burken, its president, duly employed this plaintiff as broker, to offer the aforementioned premises for sale and to find a purchaser for the said premises for the sum of $300,000, with $50,000 cash, and by taking said premises subject to a first mortgage in the sum of $150,000, payable about May, 1924, bearing interest at the rate of 5% per annum, and by such purchaser executing and delivering to the defendant, a purchase money second mortgage in the sum of $100,000, to be payable in installments of $5,000 per [349]*349annum, unpaid balance of principal to be due at the expiration of ten years from date of closing title.”

The complaint further alleges that defendant agreed to pay the plaintiff commissions amounting to $3,600, and that thereafter plaintiff did procure a person who was ready, willing and able to purchase said premises upon the terms of plaintiff’s employment as hereinbefore set forth; ” that plaintiff advised and apprised the defendant that he did procure such a person who was ready, willing and able to purchase the premises upon the terms herein-before set forth and requested the said defendant to prepare a contract of sale embodying said terms; ” but that defendant did refuse to sell said premises for the sum of $300,000 pursuant to the terms and conditions of plaintiff’s employment as hereinbefore set forth and did refuse to enter into a contract of sale with the person so procured by'this plaintiff.”

The defendant by its answer set up a general denial.

In his bill of particulars plaintiff stated:

“ The agreement of employment of the plaintiff by the defendant was oral. It was made with Harry Burken, president of the defendant corporation.”

Plaintiff’s witness Charles W. Griswold testified substantially that he was a licensed real estate broker employed by the plaintiff, and “ about two weeks before March 23, 1923,” he had a conversation with Burken, the president of the defendant corporation, at the defendant’s place of business. “ I gave him my card and I said, ‘ My name is Griswold from Maxwell’s office.’ He says, < Yes, you telephoned me this morning about another piece of property I have on Broadway, and I told you I would not sell it, but I have another apartment on the upper part of Broadway, on the northeast corner of 161st Street and Broadway that I would like to sell because I need money for my business.’ And I said to him, ' Do you own that piece of property? ’ He says, Yes.’ And I said, ' Is this a corporation? ’ He says, ‘ Yes, but I am the president of the corporation.’ I then asked him for the price. He said it was a hundred by a hundred, six-story elevator, apartments upstairs and stores on Broadway. It had a first mortgage of $150,000 and was due March 1st, 1924. It had a gross rental at that time of $49,000. He said he would take $300,000 for the property, that is the price. He would take an eight-year second mortgage with $5,000 installments, in semi-annual payments, and that he wanted $75,000 in cash. I said, ' Well, is this open to a proposition? ’ He says, ‘ Only the cash. I won’t change the terms of my second mortgage and I will not change the price, but I will change the terms of the cash.’ He says, ‘ Go and get me a [350]*350customer.’ I says, I represent Mr. Maxwell and Maxwell always works on a full commission.’ He says, £ What is it? ’ I said, 2f per cent for the first $40,000 and l per cent over that amount.’ He says, £ What will that amount to? ’ I says, £ $3,600 if the price is $300,000.’ He says: Well, if you get my terms and get me what I want at the price/ he says, why shouldn’t I give you the money. I will agree to give you the $3,600 if you will produce a man ready, willing and able to purchase the property on my terms.’ ”

Griswold then testified that he reported back to plaintiff and had the particulars typewritten on Mr. Maxwell’s stationery,” procured a list of rentals, again communicated with Burken, and then found Van Dam, the alleged purchaser.

He also testified that he informed Van Dam that the defendant wanted $75,000 cash, an eight-year second mortgage, and that Van Dam told him the next day that the purchase price and the eight-year second mortgage were satisfactory, but that Griswold should ascertain from the defendant the lowest amount of cash that he would take. Griswold states that on March 23, 1923, accompanied by his employer, the plaintiff, he again went to Burken’s office and had a conversation with him. “ I said that I had submitted the property to Mr. David Van Dam. * * *

£ He will agree to your price and the terms of your mortgage, but he will not give you the $75,000 in cash.’ Burken said, Well, what will he give me? ’ I said, £ I don’t know, you know who the man is, now you know, he is an operator, he wants to sell.’ He thought it over for awhile and then he says, £ Do you think you can get $50,000 in cash? ’ I said, £ I will try to.’ He says, £ All right, I will let it go for $50,000 in cash, but you have got to hurry up, because as I told you I need the money. I want to do certain things in business and $50,000 will help out. While I would like to get 75, I will take the 50 to make a quick deal.’ I said, £ How about the commission, will that affect the commission by your taking less cash? ’ He says, £ No, it will not affect the commission, if I say I will accept certain terms I will not cut your commission. You are working for a living and so am I. I will pay the commission if you get what I want.’ ”

Griswold also testified that Burken had said he would accept a thirty or sixty-day contract, $5,000 deposit, and a second mortgage maturing in eight years. He further testified that before the complaint was drawn he told the ££ whole story ” to Mr. Deutsch, plaintiff’s attorney.

On cross-examination he was asked: ££ Q. I show you a copy of the original summons and complaint that was served on me and I call your attention to paragraph seven of the complaint, [351]*351the last line in which these words occur referring to the terms, ‘ A purchase money second mortgage in the sum of $100,000 to be payable in semi-annual installments of $5,000 each per annum, unpaid balance of principal to be due at the expiration of ten years from the date of closing title,’ and I ask you is that what you told Mr. Deutsch that day? ” lie answered: “ A. Well, there might have been a typographical error, it was eight years. * * * I don’t know how it got there.” He admitted he never received any authority in writing from the defendant. “ Q. You never asked Mr. Burken to do it, did you? A. I do not know. I might have, but when I found I could not get it or I would incur his enmity if I did insist I figured the best thing to do was to try to make the sale. * * * I might have asked him and when I found he would not let me have it, then I dropped it, because I know if you insist on getting things from a stranger, he generally will tell you that the property is not for sale or tell you to get out of his office.”

The plaintiff Maxwell testified that in the company of the former witness Griswold, he called at Burken’s office and informed the latter that Van Dam had been procured as a purchaser of the property.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Harper v. Shmulevitz
12 Misc. 2d 568 (City of New York Municipal Court, 1958)
Meyer & Steffens, Inc. v. Claflin Realty Corp.
255 A.D. 565 (Appellate Division of the Supreme Court of New York, 1938)
John M. Thompson & Co. v. New Madison Square Garden Corp.
225 A.D. 521 (Appellate Division of the Supreme Court of New York, 1929)

Cite This Page — Counsel Stack

Bluebook (online)
215 A.D. 348, 213 N.Y.S. 401, 1926 N.Y. App. Div. LEXIS 10965, Counsel Stack Legal Research, https://law.counselstack.com/opinion/maxwell-v-alexander-hamilton-apartments-inc-nyappdiv-1926.