Courtesy American, Inc. v. Davis

JOY, Justice.

This is a suit on an employment contract. From judgment for plaintiff Davis, the defendant Courtesy American, Inc., has perfected this appeal. Affirmed.

Appellee entered into an employment contract with appellant to serve as vice president and general manager of appellant’s automobile business. The portions of the contract relevant to this appeal provide for the compensation to appellee of $750.00 per month as a guaranteed salary with an additional amount equal to 30% of the profit of the business. The contract also provided for termination by the employer upon 30 days notice to…