Allen v. Whiting

— This is an appeal from a judgment of the superior court of Navajo County making a partnership accounting between B. S. Whiting, plaintiff, and Herbert Allen, defendant. The undisputed facts may be stated as follows:

On November 25, 1938, an agreement was entered into between Allen, Whiting and one Ted M. Rasco, dissolving a partnership theretofore existing between Allen and Rasco, and creating a new partnership between Allen and Whiting, the latter purchasing the interest of Rasco in the previous partnership. The agreement stated that the partnership assets of Allen and Rasco were as follows: