Helm v. Smith

On May 1, 1909, the plaintiff in error was employed by The Denver, Laramie and Northwestern Railroad Company to act as its consulting attorney at a salary of $3,000.00 per year, payable quarterly. This employment *204lasted for two years, at the expiration of which period there was due him $2,550.00 upon his second year’s salary. In April or May of 1910, the railroad company floated a bond issue of $1,500,000.00 secured by mortgage upon its property, etc. In June, 1912, it was placed in the hands of receivers for the benefit of its creditors, in order to have its assets marshaled, the rights of…