Smith v. Standard Oil Co.

The record in this case shows that Earl Tranor and R. R. Seiberts, representing the defendant company, entered into an oral agreement with the plaintiff, under which he was to procure a lot in Elkader and construct an oil station thereon. Said representatives orally agreed that the defendant would lease said premises from plaintiff at $30 per month for five years, and $40 per month for the second five years, giving plaintiff the exclusive sale of defendant’s products in East Elkader, Iowa, for ten years, and allow plaintiff the commissions usually allowed agents of like stations for the sale…