WORMHOUDT LUMBER COMPANY OF OTTUMWA v. CLOYD

No. 55983.

219 N.W.2d 543 (1974)

WORMHOUDT LUMBER COMPANY OF OTTUMWA, Appellant, v. Jon CLOYD, Appellee.

Supreme Court of Iowa.

June 26, 1974.


Attorney(s) appearing for the Case

Johnson, Bauerle & Hester and Max H. Ruschmeyer, Ottumwa, for appellant.

Moreland & Vinyard, Ottumwa, for appellee.

Heard before MOORE, C.J., and RAWLINGS, LeGRAND, UHLENHOPP, and HARRIS, JJ.


UHLENHOPP, Justice.

This case involves the obligation of an agent to be loyal to his principal.

Wormhoudt Lumber Company of Ottumwa, Iowa, employed Jon Cloyd as its agent, paying him a salary plus a bonus computed on the company's profits. His duties included finding construction jobs and bringing property owners and contractors together, whereby the company would sell building materials. In a typical situation Cloyd would locate a property owner who desired...

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