Steinmetz v. Steinmetz

Since about 1928 Frederick W. Steinmetz and Harry G. Steinmetz, brothers, conducted the business of building and repairing machinery at East Portchester in Greenwich under the name of the Steinmetz Machine Works. In 1931 they entered into articles of partnership which included provision that should either partner die during the term of the partnership it should not be deemed dissolved but the assets should pass to the surviving partner, subject, however, to the condition that he should pay to the widow of the deceased partner, so long as she remained single, $50 per week, and in the event…