Standard Clothing Co. v. Wolf

Peterson, Justice.

This action was brought to determine in what shares the parties own a bank deposit of $22,522.03, representing the undistributed proceeds of a sale of merchandise under a written contract dated May 7, 1940. The parties call the sale a joint-operation sale of merchandise. When the contract was entered into, plaintiff owned two clothing and haberdashery stores in Minneapolis, one known as the downtown, and the other as the University or campus, store. Because it was unable to obtain a renewal of the lease of the property occupied by the downtown store, plaintiff decided to…