Bell v. Porter
Michigan Supreme Court
1Opinion of the CourtClark, C. J.
The defendant, Glenn Porter, and William A. Wyman, in 1913, became partners in a general real estate business.
The plaintiff was employed, chiefly as salesman, from 1919 to 1924, at a salary of $100 per month and 10 per cent, of net profits of the business, and thereafter to the end of the employment, on January 1, 1927 (when the partnership was dissolved), at a salary of $100 per month and 15 per cent, of net profits.
A large part of the firm’s profits was, of course, paper not yet reduced to cash. The practice, generally, not strictly followed throughout these years, was to pay to plaintiff…
2Cases cited2 opinions
- Pennoyer v. DavidMichigan Supreme Court · 1860
- Van Kleeck v. McCabeMichigan Supreme Court · 1891
3Cited by1 opinion
- Vanderplow v. FredricksMichigan Supreme Court · 1948