Tooey v. C. L. Percival Co.
Supreme Court of Iowa
Appeal from Polk District Court. — Joseph E. Meyer, Judge. Aotion in equity for accounting against the defendant corporation and for judgment in such amount as may be found due plaintiff under the terms of a written contract, as compensation for services rendered by him as manager of defendant’s paper and woodenware department.
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Appeal from Polk District Court. — Joseph E. Meyer, Judge. Aotion in equity for accounting against the defendant corporation and for judgment in such amount as may be found due plaintiff under the terms of a written contract, as compensation for services rendered by him as manager of defendant’s paper and woodenware department. Upon the referee’s report, the court found for the defendant, with the exception that plaintiff was given judgment for $127.76, with interest, which represented salary for the month of January, 1917, less an admitted deduction in the sum of $22.24. Plaintiff appeals.
1Opinion of the CourtDe Graff, J.
1. Master and SERVANT : “net profits” as compensa. This appeal concerns itself with the construction of a written contract of employment between plaintiff and defendant, and involves primarily the legal definition of the term “net profits,” as used in said contract. Plaintiff was engaged as manager of the paper and woodenware department of defendant company, and was to receive a salary of $150 per month “and 25 per cent of the net profits of this department up to December 31, 1916. Eight per cent on the amount of capital invested in this department to be deducted before profit division is…
2Cases cited18 opinions
- Mitau v. RoddanCalifornia Supreme Court · 1906
- District of Columbia v. GallaherSupreme Court of the United States · 1888
- Daily ex rel. Daily v. MinnickSupreme Court of Iowa · 1902
- Chamberlain v. BrownSupreme Court of Iowa · 1909
- Eyster v. Centennial Board of FinanceSupreme Court of the United States · 1877
13 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Florence v. FoxSupreme Court of Iowa · 1922
- Carter v. Certain-Teed Products Corp.District Court, N.D. Iowa · 1952
- Gillean v. Benn&201tt, Tarlton Co.Court of Appeals of Texas · 1923
- Himmelberger v. Central State BankSupreme Court of Iowa · 1929
- Martin v. AW Moeller & SonSupreme Court of Iowa · 1950
4 more not listed; retrieve them via the Exa API.