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KENNEDY v. DISTRICT-REALTY TITLE INSURANCE CORP.

No. 6856.

306 A.2d 655 (1973)

John C. KENNEDY, Appellant, v. DISTRICT-REALTY TITLE INSURANCE CORPORATION, Appellee.

District of Columbia Court of Appeals.

Decided June 21, 1973.

Attorney(s) appearing for the Case

Edmund H. Feldman, Washington, D. C., for appellant.

Thomas Penfield Jackson, Washington, D. C., for appellee.

Before REILLY, Chief Judge, and KELLY and HARRIS, Associate Judges.

KELLY, Associate Judge.

In October of 1967, appellant responded to a newspaper advertisement offering to "pay up to 2% per mo. for secured investment (min. $10,000)". He telephoned John H. Haas, President of Workshop 221, Inc. After several conversations with Haas he agreed to lend Workshop 221 $10,000 in the belief that he would receive a first trust on certain property.

Appellant asked Haas which title company he preferred to use for settlement. Haas stated...

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