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ARIZONA TITLE INS. & T. CO. v. REALTY INVEST. CO.

No. 1 CA-CIV 441.

6 Ariz. App. 180 (1967)

430 P.2d 934

ARIZONA TITLE INSURANCE & TRUST CO., a corporation, Appellant, v. REALTY INVESTMENT COMPANY, a corporation, Appellee.

Court of Appeals of Arizona.

Rehearing Denied September 7, 1967.

Review Denied October 24, 1967.

Attorney(s) appearing for the Case

Johnson & Shaw, by J.P. Shaw, Phoenix, for appellant.

Christy, Kleinman, Hoyt & Fuller, by William G. Christy and Patrick E. Eldridge, Phoenix, for appellee.

DONOFRIO, Judge.

This is an appeal by the Arizona Title Insurance and Trust Co. (referred to as Arizona Title or the title company) from a judgment requiring it to pay a "finder's fee" in connection with an escrow wherein certain loan proceeds were disbursed under a building loan agreement.

The basic facts are not in conflict. The appellee and plaintiff below, Realty Investment Company, was instrumental in obtaining a mortgage loan from the First Federal Savings...

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