Sec. 283. Broker Has A Lien On Securities In His Hands For His Commissions
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This section is from the book "American Law Of Real Estate Agency", by William Slee Walker. Also available from Amazon: American law of real estate agency.
Sec. 283. Broker Has A Lien On Securities In His Hands For His Commissions
A broker is entitled to a lien for his commissions on a note and mortgage or on the proceeds thereof left in his possession to negotiate a sale thereof. Peterson v. Hall, 61 Minn. 268, 63 N. W. 733; Carpenter v. Monsen, 92 Wis. 449, 65 N. W. 1027, 66 N. W. 692. Contra, State Bank v. Cullen (N. D. Sup. '09), 121 N. W. 85. Compare Secs. 285, 287.
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