SCHMITT v. COAD

No. 6845-1.

24 Wn. App. 661 (1979)

604 P.2d 507

NICHOLAS SCHMITT, SR., Respondent, v. THOMAS COAD, Appellant.

The Court of Appeals of Washington, Division One.

November 19, 1979.


Attorney(s) appearing for the Case

Bogle & Gates and Ronald T. Schaps, for appellant.

Ryan, Swanson, Hendel & Cleveland and Dale E. Kremer, for respondent.


JAMES, J.

This case concerns the applicability of Washington's real estate-business opportunity brokers statute, RCW 18.85, to the sale of a controlling stock interest in a corporation.

Defendant Thomas Coad owned stock in two closely held Snohomish County newspaper corporations, a majority interest in one and a minority interest in the other. In 1973, Coad and plaintiff Nicholas Schmitt agreed that Schmitt would attempt to find a buyer for all of the capital...

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