Giles v. Rayburn

This action was brought by L. W. Giles against J. E. Rayburn, Lennie Brice, J. S. Futch and G. E. Lockley (and wife). The suit was for an accounting of an alleged partnership business, for accrued profits and for partition of partnership assets. In a trial without a jury the court found that no partnership relation existed between the parties, but only a "working agreement or contract of employment" between Lockley as principal and Giles as employee, under which Giles was entitled to a salary of $200 per month and 20% of the net profits from the operation of a San Antonio branch of Lockley's…