Zalis v. Orman

The bill of complaint in this case alleges that the defendant has been engaged for many years in the manufacture of shirts under the name of “Baltimore Shirt Company”; that the plaintiff has been employed as general manager of the business for a compensation which was to include a percentage of its net profits; that prior to the end of the year 1935 he was credited with ten per cent, of such profits, but it was then agreed that he was to receive thereafter twenty per cent, of the first $15,000 and ten per cent, of the profits in excess of that amount; that the books and records showing the…