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WEMHOFF v. INVESTORS MGMT. CORP. OF AMER.

No. 85-542.

528 A.2d 1205 (1987)

Daniel M. WEMHOFF, Appellant, v. INVESTORS MANAGEMENT CORPORATION OF AMERICA, et al., Appellees.

District of Columbia Court of Appeals.

Decided April 28, 1987.

Attorney(s) appearing for the Case

Raymond B. Benzinger, Washington, D.C., for appellant.

Waldemar J. Pflepsen, Jr., Washington, D.C., for appellees.

Before PRYOR, C.J., and FERREN and ROGERS, JJ.

PER CURIAM:

In early February 1974, appellant, Daniel M. Wemhoff, entered into an oral agreement with William Floria, president of INMANCO and sole proprietor of the Floria Agency. Under the agreement, appellant was to act as an agent for Floria Agency and sell Tax Sheltered Annuities (TSA) to teachers in the Montgomery County, Maryland Public School System. Appellant was to receive commissions on his annuity sales equal...

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