Sivin v. Jones

In this action in equity, which is based upon an agreement executed October 10, 1929, the plaintiffs seek a partnership accounting.

The agreement between the parties provides for the formation of a limited partnership to carry on a general brokerage business under the style of J. O. Sivin & Co., for the period commencing January 1, 1930, and terminating December 31, 1932, unless as therein provided, the partnership shall be continued beyond that period. Although the term of this partnership is fixed by the agreement at three years, there is a self-executing renewal clause therein which…