Ordway v. Price

Taylor, C.

The complaint asks for judgment against defendant for $3,500 and interest on two instruments attached thereto and marked Exhibits A and B. Exhibit A, so far as here material, reads.

“For and in consideration of $3,500, this day paid by L. P. Ord-way, * * * I hereby agree that the Blue Nose Mines Company, an Arizona Corporation, will pay said L. P. Ordway $3,500 with interest thereon from date at the rate oif seven per cent per annum out of the first clean-up made by it, and issue and deliver to *161Mm as ,soon as it shall obtain authority from the state of California to issue its capital…