Veenstra v. Mathews

I. On March 4, 1914, the plaintiff and defendant entered jointly into the automobile business, under the firm name of Knoxville Auto Supply Company. Their contract was oral. The evidence is in conflict as to the terms and legal effect thereof. The plaintiff’s version is that they entered into a partnership, wherein the plaintiff was to furnish the capital, and the defendant was to take charge of the business and do the work thereof, and the profits were to be divided. The plaintiff furnished $5,500 of capital in the early stages of the enterprise, and furnished additional sums lhter, whereby…