Carlson v. Frank Samuel & Co.

This action brought for an accounting was submitted to the court on an agreed statement of facts. Findings of fact and conclusions of law were waived. The answer, in addition to denials of the allegations of the complaint, pleads payment and counterclaims at law for an alleged overpayment and for expenses of conducting the joint venture here involved.

During the years 1952 and 1953, the parties entered into a joint venture to purchase chrome and manganese ore in Turkey. *358The defendant handled the entire business transaction. The plaintiff assisted in financing the transactions personally and by…