Burroughs Adding Machine Co. v. Hosack

The complaint declared upon defendant’s promissory note in the sum of $4,000, upon which a credit of $1,907.06, was allowed. The defendant counterclaimed for a balance due him as profits under an agency contract. By such he had been in charge of one of plaintiff’s agencies in New York from January 1, 1920, to June 30, 1921. His compensation consisted of salary and commissions at the rate of seventy-five per cent of the profits realized on the business of the agency.

The plaintiff claimed that such profits for the period in question amounted to $1,907.06, the sum for which credit was given on…