Helberg v. Nichol

Citations

• 149 Ill. 249
• 37 N.E. 63

Syllabus

<p>Agent—to sell land—concealing price—liability to principal. A, the owner of land, employed N. & R., real estate agents, to sell the same for a commission, at not less than $275 per acre. By some arrangement, H. & Q., another firm of brokers, made a sale of the property as the agents of A for $335 an acre, which price was concealed from the owner. A, in ignorance of the facts, executed a contract for a deed at. the price of $275, not to the real purchaser, but to a go-between, who conveyed to the actual purchaser for $335: Held, that the agents were bound to account to A for the full sum realized by them on the sale.</p>