Bushnell

The Renton Coal Company was organized as a corporation under the laws of this state in 1874, and carried on the business for which it was incorporated until January 20, 1894. At that date an agreement was entered into between it and the defendant herein by which the corporation assigned and transferred to the defendant certain real and personal property, and the defendant in consideration thereof assumed and agreed to pay all the indebtedness and obligations of the corporation then existing. The plaintiff was elected president of the corporation December 23, 1885, and continued to act as its president until it went out of business as above stated. The present action was brought to recover the amount claimed by him to be due for his services as such president. The cause was tried by the court without a jury and judgment rendered in his favor, from which and an order denying a new trial the defendant has appealed. The controversy between the parties centers chiefly upon the rate of compensation which the plaintiff was entitled to receive—the plaintiff claiming that he was entitled to one hundred and fifty dollars per month, and the defendant that his compensation was to be only one…