Banque Russo-Asiatique v. Dolch

GILBERT, Circuit Judge.

The defendant in error, as the assignee of one John M. Grant, recovered a judgment in the court below for $18,000, being the balance of salary claimed to be owing to Grant by the plaintiff in error for services ■ rendered as its representative. The bank relied upon the defense that, while the said sum for which the judgment was rendered was its just debt, it was not yet due and payable.

Grant’s services to the bank began .in June, 1919, under a contract in writing. He was to be paid a salary of $6,000 per annum. The contract was by its terms terminable at the will of…