American Retirement Homes, Inc. v. Eugene H. Bloom Retirement Center, Inc.

By Judge Randall G. Johnson

This is an action by one joint venturer against another to recover a proportionate share of the payment of a demand note signed by both joint venturers. The second joint venturer has demurred.

As pleaded, the facts are that the parties are joint venturers in the operation of a retirement center in Emporia. As part of the joint venture, the parties executed a demand note in the amount of $165,000, on which the parties were jointly and severally liable. When the noteholder demanded payment, defendant refused to pay its share, and plaintiff paid the note in full.…