Lumbermen's Supply Co. v. Neal

Plaintiff, A. C. Neal, brought this action for an accounting against defendant, Lumbermen’s Supply Company, for 10 per cent of its net profits from May 1, 1939, to September 30, 1939, which by written contract it had agreed to pay him as part compensation for his services as sales manager. From a judgment for plaintiff, defendant appeals.

By written contract, and a supplementary letter, defendant employed plaintiff, who had theretofore been its general manager, as sales manager at a stated monthly salary and 10 per cent of its net earnings during the period of service. The net earnings were to…