Royal Petroleum Corp. v. McCallum

Mr. Judge German,

of the Commission of Appeals, delivered the opinion for the Court.

PRELIMINARY STATEMENTS.

In 1922 the partnership of R. H. Bearing & Sons was created by written contract. It consisted of R. H. Bearing, Willis R. Bearing and Roy E. Bearing, each owning a one-third interest in all of the properties and business of the partnership. The written articles provided that the partnership should be continued after the death of any partner by the successors or successor. This partnership accumulated properties of considerable value, including a part of the stock of Royal Petroleum…