Solinsky

February 20,1913, Charles F. Ruggles of Manistee, Mich., entered into an agreement with Frank J. Solinsky and Frank J. Solinsky, Jr., of Berkeley, Cal., reciting that, Ruggles had invested in timber and timber lands in Calaveras county, Cal., approximately $1,000,000 belonging to himself and others associated with him; that he contemplated enlarging the investment by acquiring additional lands in the same vicinity; and that the Solinskys had performed services in the acquisition of the lands, and would continue so to do in consideration of a share of the profits of the investment. It was then agreed that Ruggles would have the sole and exclusive right to invest the assets of the enterprise, to purchase, acquire, manage, rent, market, sell, or otherwise dispose of the prop *779 erty acquired, and pay all expenses connected therewith, to loan money for the production, sale, or other disposition of the timber and timber products, and make all such investments and expenditures as he might deem expedient to a profitable handling of the enterprise; and the Solinskys agreed to perform all such services reasonably connected with the enterprise as Ruggles might suggest. It was then agreed…