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FOUNDATION SECURITIES CORPORATION v. PITTARD

No. 5-5026.

447 S.W.2d 324 (1969)

FOUNDATION SECURITIES CORPORATION et al., Appellants, v. Harry A. PITTARD, Appellee.

Supreme Court of Arkansas.

Rehearing Denied October 20, 1969.

Attorney(s) appearing for the Case

Howell & Price, Little Rock, for appellants.

Cooper Jacoway, Little Rock, for appellee.

GEORGE ROSE SMITH, Justice.

This action was brought by the appellee Pittard to recover a $15,000 real estate agent's commission for having sold a tract of land in Little Rock for the appellants, Foundation Securities Corporation and a companion company. The defendants denied liability on the ground that Pittard's right to a commission was contingent upon the actual closing of the sale—an event which admittedly never took place. The trial court granted the plaintiff...

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