Rettenmaier v. Rettenmaier

Plaintiff’s decedent and his brother, the defendant, were both pharmacists. Defendant owned a drugstore in Carroll and in February 1951 purchased a drugstore in Deni-son. Plaintiff’s decedent managed this store for his brother until he purchased the store from defendant on January 2, 1953, under a written contract for $27,000 payable in installments. Almost from the time defendant purchased the store in 1951 he had an understanding with his brother, plaintiff’s decedent, that eventually he (the decedent) would participate in the earnings of the store or would buy an interest in the store.…