Ballinger v. Vates

January 1, 1909, The Stern-Prince Importing Company retained the State Collection Agency of Denver as it agent for the collection of claims, under,a written contract, by which the collection agency agreed that “all accounts worthy of legal proceedings will be placed in its law department for suit, and such suits will be brought at the expense of the agency,” and it was agreed that upon judgments secured by it the agency should receive 25% of the judgment. E. M. Johnson, being indebted to The Stern-Prince Importing Company in the sum of $519.75, the company made a written assignment of its…