Roberts v. Wachter

The complaint herein alleges that in. 1942, plaintiff, an active member of The State Bar of California, organized the produce firm of Drudis, Means and Waehter, with assets valued at $6,500 furnished by defendant Drudis and $20,000 cash furnished by the latter’s wife. That Means and Waehter were taken in as partners but furnished no capital. Defendant Drudis was to take no active part, but under an oral agreement between him and plaintiff, the profits from his share of the business were to be divided between them in consideration for plaintiff’s services in organizing the business,…