Lieuallen v. Young

Opinion by

THREADGILL, C.

The facts in this case, upon which the action was based, were substantially as follows: J. M. Young and John S. Sankey were partners in drilling oil and gas wells witn an equfi interest in the drilling activity. On April 30, 1921, they entered into a written agreement for the termination and settlement of the partnership affairs. Said contract was as follows:

“This agreement made and entered into on this 30th day of April, 1921, by and between J. M. Young, hereinafter called party qf the first part, and John S. Sankey, hereinafter called party of the second part,…