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STANDARD ABSTRACT v. RECTOR-PHILLIPS-MORSE

No. 83-268.

666 S.W.2d 696 (1984)

282 Ark. 138

STANDARD ABSTRACT & TITLE COMPANY, INC., Appellant, v. RECTOR-PHILLIPS-MORSE, INC., Appellee.

Supreme Court of Arkansas.

Rehearing Denied April 30, 1984.

Attorney(s) appearing for the Case

Plegge & Church by Beresford L. Church, Jr., Little Rock, for appellant.

Rose Law Firm by Vincent Foster, Jr., Little Rock, for appellee.

W. Dent Gitchel, Little Rock, for Arkansas Realtors Ass'n, amicus curiae.

HOLLINGSWORTH, Justice.

In April, 1981, Appellant Standard Abstract and Title Company, Inc., (hereinafter Standard) entered into an exclusive listing contract for a period of twelve months with the Appellee, Rector-Phillips-Morse, Inc., (hereinafter RPM) for the sale of an office building. In February, 1982, Standard attempted to cancel the listing contract and proceeded to accomplish a sale of the property through another broker to Gary Eubanks and Hugh Spinks d...

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