In re the Estate of Nordlinger

Foley, S.

The principal dispute in this accounting proceeding arises over the disposition of the sum of $10,000, which became payable to the estate under the terms of an agreement of partnership, of which the decedent was a member.

Under the terms of the agreement, it was provided that in the event of the death of one of the partners, the business was to be carried on for the remainder of the calendar year and a determination of the various interests of the partners made as of that date. The agreement also fixed the salaries of the respective partners and provided that such salary, from the…