Allen v. Granger

Citations

• 66 Wash. 455
• 119 P. 817
• 1912 Wash. LEXIS 787

Syllabus

<p>Contracts — Fob Division of Profits — Construction by Parties. Where plaintiff subscribed for stock in an irrigation company under an agreement that the money paid was to be used to purchase certain land to be developed, the plaintiff to be paid one-half of the net profits derived from the company “only from the development of the one project,” and before development the land was by mutual consent sold at a profit and other land purchased and later also sold at a profit without development, the plaintiff is entitled to his profits only upon the first sale, especially where he at first demanded a share of profits only on that sale and the parties seemed to have construed the contract as confined to that tract of land.</p>