224 Pa. 45 | Pa. | 1909
Opinion by
In 1902, Sloan, a promoter, being desirous of organizing a spinning company, made a proposition in writing to appellee stating the terms upon which he could become a subscriber to the capital stock of a company to be afterward incorporated for the purpose indicated, of which company Trainer was to be manager for a term of five years at a salary of $2,500 per year. The appellee accepted the proposition, complied with all the requirements and was selected by the board of directors as manager and continued to perform his duties as such for a