Judges: Faircloth
Filed Date: 5/24/1898
Status: Precedential
Modified Date: 10/19/2024
The plaintiff was trustee of the defendant, to secure a debt of the latter, with a power of sale in the trust deed upon default of payment. After default occurred the plaintiff advertised to sell the land, but before the sale day it was agreed to postpone the sale. About a year later the plaintiff advertised to sell again at the request of the creditor, and soon thereafter a restraining order was granted, which we understand to have been finally dissolved. Before the second sale day the debtor paid in full the debt and interest and discharged the other stipulations in the deed, and the creditor cancelled and marked the trust deed satisfied, so that no sale was made. *Page 483
The plaintiff institutes this action to recover five per cent commissions on the amount of the debt, $26,000, and his expenses incurred in advertising, etc. Defendant demurred ore tenus and his Honor dismissed the action. There was no agreement between the parties as to the commissions.
We lately had a similar case and it was held that the plaintiff was not entitled to commissions. Pass v. Brooks,
In that case we approved an early decision that "a just allowance for time, labor, services and expenses, under all the circumstances that may be shown before a master," may be made when the (775) Court sees fit to do so. Boyd v. Hawkins,
Error.
Cited: Whitaker v. Guano Co.,