R. S. Mikesell Associates, a Co-Partnership v. Grand River Dam Authority

I agree with the result reached by the majority on the 1970 contract. If I could read the 1966 contract as definitely contemplating completion of the sale of $110,000,-000 of authorized bonds within a limited time frame, I would agree with the majority’s conclusion on that contract also. But I think, in context, the 1966 contract was a long-term personal services contract, intended to bind the Authority to hire Mike-sell Associates as financial consultants when and if they were needed. As such it is not unlike a commitment to hire a particular lawyer for his or her lifetime whenever the…