Madden v. Rosseter

Plaintiff is a resident of New York and the defendant of California. Each owns a half interest in the thoroughbred stallion Friar Bock, which the plaintiff now values at $250,000. In fact the defendant paid the plaintff $30,000 for a half interest in the horse more than two and a half years ago.

Under the written agreement of sale dated June 29, 1918, the defendant was to have possession and use of Friar Bock in California during the seasons of 1919 and 1920, the plaintiff to have him for use in Kentucky during the seasons 1921 and 1922; “ thereafter on new arrangements mutually satisfactory.”

T…