This section is from the book "Popular Law Library Vol3 Contracts Agency", by Albert H. Putney. Also see: Popular Law-Dictionary.
WHEREAS THE UNDERSIGNED, William Ashbrook of Chicago, County of Cook, and State of Illinois, is about to bring a certain action at law against William J. Cook, in the County of Cook and State of Illinois, to recover the sum of one thousand dollars, in an action arising out of a breach of a contract for the employment of the said William Ashbrook by the said William J. Cook, said contract bearing date of December 1, 1907.
And Whereas, The said William Ashbrook has this day appointed Walter N. Brown as his attorney, for the purpose of pleading and pursuing said action to a compromise or to final judgment, execution and collection thereof, according to the terms and provisions of a certain power of attorney hereto attached.
Now, Therefore, It is agreed by and between the said William Ashbrook and the said Walter N. Brown, as follows, to-wit:
In Consideration of the services already rendered and hereafter to be rendered by said Walter N. Brown as attorney aforesaid in the said cause, the said William Ashbrook agrees to pay to said Walter N. Brown therefor, a sum of money equal to thirty per cent. of the gross amount recovered from the defendant, and as security for the sum of money to be paid, the said William Ashbrook hereby sells, assigns, transfers and sets over to said Walter N. Brown thirty per cent.
of said cause of action and thirty per cent, of any verdict or judgment rendered therein, as well as thirty per cent, of any sum of money or other property that may be paid by or in behalf of the defendant in said cause, prior or subsequent to any verdict or judgment thereon or upon any compromise thereof, and agrees that said power of attorney shall be irrevocable.
In the Event That nothing is collected or paid upon said cause of action, the said Walter N. Brown is to receive nothing for his services, but in no event is he to be liable for costs of any kind, and William Ashbrook is to furnish the evidence required.
It is Expressly Agreed and Understood By both parties hereto that neither party shall have any power or authority to compromise or settle said claim or suit without the presence of or consent in writing of the other party to this contract, both of whom must sign in discharge of settlement of said claim; provided, however, that said attorney may, in the ordinary course of his employment, collect any final judgment that may be rendered in said cause and discharge the same of record in Court.
It is Further Agreed, That by virtue of and in consideration of the premises, any and all sums of money or other consideration that may be received by either party to this contract on account of any settlement or compromise of said cause of action or of any judgment or verdict hereafter to be rendered therein shall be held by such party receiving the same, as the agent or bailee of the other party to this contract, and such agent or bailee shall be subject to all the duties, responsibilities and liabilities attaching to such relation, until each party hereto shall have received his just share of said money or other consideration thus paid according to the terms of this contract, and shall have duly acknowledged the same in writing hereon.
In Witness Whereof, Both parties have set their hands and seals this 1st day of June, 1908.
William Ashbrook. (seal.) Walter N. Brown. (seal.)
KNOW ALL MEN BY THESE PRESENTS, That William Ashbrook of Chicago, County of Cook, and State of Illinois, have made, constituted and appointed, and by these presents do make, constitute and irrevocably appoint Walter N. Brown, of the City of Chicago, County of Cook and State of Illinois, my true and lawful attorney, for me and in my name, place, stead and behalf, to institute and porsecute in such Courts of Law or Equity as he, my said attorney, may be best advised, a certain action which I am about to bring against William J. Cook, of Chicago, County of Cook, and State of Illinois.
The said action arises out of the breach of a contract for the employment of the said William Ashbrook, by the said William J. Cook, said contract bearing date of December 1,1907.
And my said attorney is hereby authorized and directed to plead and pursue said cause in any of said Courts to a compromise or to final judgment, execution and the collection thereof, according to the conditions and provisions of a certain contract between myself and my said attorney, executed this day and hereunto attached.
And I hereby give and grant unto him, my said attorney, full power and authority to do and perform each and every act and thing whatsoever requisite and necessary to be done in and about the premises as fully and completely and to all intents and purposes as I might or could do if personally present at the doing thereof, with full power of substitution in the premises.
And I Hereby Ratify and confirm all that my said attorney or his substitutes shall lawfully do or cause to be done by virtue hereof, and in consideration of the agreement with said Walter N. Brown, hereto attached, this power of attorney is made irrevocable.
In Testimony Whereof, I have hereunto set my hand and seal this 1st day of June, 1908. Signed, Sealed and Delivered in Presence of John T. Peters, William Ashbrook. (seal.)
Richard Dawson.
 
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