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PREFERRED GENERAL AGENCY OF ALASKA, INC. v. RAFFETTO

Nos. 399, 410.

391 P.2d 951 (1964)

PREFERRED GENERAL AGENCY OF ALASKA, INC., an Alaskan corporation, Appellant, v. Robert C. RAFFETTO, Appellee. Robert C. RAFFETTO, Appellant, v. Earl H. JONES, an individual, and Preferred General Agency of Alaska, Inc., an Alaska corporation, Appellees.

Supreme Court of Alaska.

May 6, 1964.

Attorney(s) appearing for the Case

Wendell P. Kay and Lester W. Miller, Kay & Miller, Anchorage, for appellant in No. 399 and for Appellees in No. 410.

Clyde C. Houston and William W. Renfrew, Anchorage, for appellee in No. 399 and for appellant in No. 410.

Before NESBETT, C.J., and DIMOND and AREND, JJ.

DIMOND, Justice.

Raffetto was employed under an oral agreement by the appellant, Preferred General Agency of Alaska, Inc., as an insurance underwriter. He was to receive a salary of $10,000 a year, plus a bonus based upon a set percentage of the net profits of appellant's business. Raffetto terminated his employment on June 15, 1960. A dispute then arose between the parties as to the terms of the agreement relating to the bonus. Appellant claimed that the bonus was...

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