Murphy v. Schnell

This is an appeal from a decree of the circuit court of Rock Island county for the specific performance of a contract. In 1891 a tract of sixteen acres of land in the city of Rock Island was bought in the name of the appellant, Matthias Schnell. A partnership, including the appellant and appellee, known as the Schnell Syndicate, was fonned for the purpose of improving and selling this land. There were six partners, four having an interest of one-fifth each and two of one-tenth each, the appellant and the appellee each having one-fifth. The title was taken in the appellant’s name, and $8200, a…