Kilsby v. Aero-Test Equipment Co.

301 S.W.2d 703 (1957)

H. O. KILSBY, Appellant,

v.

AERO-TEST EQUIPMENT CO., Inc., Appellee.

No. 15212.

Court of Civil Appeals of Texas, Dallas.

March 8, 1957.

Rehearing Denied April 12, 1957.

Wm. Andress, Jr., Dallas, for appellant.

Golden, Croley, Howell, Johnson & Mizell, and John L. Roach, Dallas, for appellee.

YOUNG, Justice.

By this suit plaintiff Kilsby seeks to recover as compensation for having been one of three signers of an indemnity agreement of August 4, 1952, a one-third of 40% of the net profits of two projects undertaken by defendant Company, and based on alleged corporate action to such…