Business Associations Keyed to Hamilton
Lee v. Jenkins Bros
Jenkins (D) sought to hire Crane’s business manager Lee (P) after buying a factory from Crane. The president of Jenkin’s (D) Yardley and a vice-president met Lee in 1920 to make him an offer. Yardley promised that Jenkins (D) would pay Lee (P) his crane pension and that he would pay Lee (P) himself if anything came up. The pension was for $1,500 a year starting age 60, and “regardless of what happens, you will receive this pension for joining our company.” This promise was oral. At 55, after serving as a director and vice-president in Jenkins (D), Lee (P) was discharged. Lee sought to recover the pension for age 60. Jenkins (D) argues that Yardley had no authority to make the extraordinary contract in the first place. Trial court agreed as a matter of law, and Lee (D) appealed.
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