H. & P. Lee v. Lashbrooke
Court of Appeals of Kentucky
Chancery. From the Circuit Court for Mason County.
1Opinion of the CourtChief Justice Robertson
In the absence of any evidence of a contract to the contrary, the legal presumption is that, each of the three co-partners were to be entitled to co-equal shares of the profits of the joint concern, and that each was to contribute whatever of personal service and proper assistance he reasonably could to sustain and promote the objects of the partnership.
In such a case, it is a general rule, as fixed as it is just, that neither of the partners will be entitled either to compensation from the others, for any service voluntarily rendered by him, in the partnership business, or to interest on…
2Cited by12 opinions
- Johnson v. JacksonCourt of Appeals of Kentucky · 1908
- Smith v. KnightSupreme Court of Iowa · 1893
- Underwood v. OverstreetCourt of Appeals of Kentucky · 1920
- Gilman v. VaughanWisconsin Supreme Court · 1878
- J. M. Atherton Co. v. IvesU.S. Circuit Court for the District of Kentucky · 1884
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