Stone v. Wright Wire Co.
Massachusetts Supreme Judicial Court
Contkact for the alleged breach of an agreement in writing, dated December 2,1902, the material parts of which are described in the opinion. Writ dated November 16, 1907. In the Superior Court the case was submitted upon an agreed statement of facts to Richardson, J., who made an order that judgment proforma be entered for the defendant. Such a judgment was entered; and the plaintiff appealed.
1Opinion of the CourtLoring, J.
The questions presented on this appeal grow out of a contract made between the defendant corporation, as the party of the first part, and the plaintiff together with one Waites, since deceased, as the parties of the second part.
This was a contract for the establishment and conducting of the business of manufacturing and selling wire rope. The capital was to be furnished by the corporation (the party of the first part). The parties of the second part were to furnish their skill and to devote all their time to the business. The “ net profits ” were to be shared equally between the two.
It…
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