R. O. Holton & Co. v. Hull

Thomas, J. —

The contract which gave rise to this litigation was contained in a letter of the appellant addressed to the appellee setting out that in accordance with a former verbal agreement between them, appellee was to take charge of the operations of appellant in Volusia County, Florida, evidently consisting of the sale of bonds and investment securities, and receive for his services 50 per cent of the net profits of all transactions. The appellee was to have the advantage of a reasonable drawing account and to be reimbursed for all expenses incurred by him while traveling in the interests…