Hlawati v. Maeder-Hlawati Co.

Opinion by

Mr. Justice Sabler,

The plaintiff, Hlawati, was engaged in the merchant tailoring business in the City of Pittsburgh, and had as a silent partner one Coulter. On December 7, 1916, the parties named entered into a written contract with Fred Maeder by which it was agreed that the old firm should be dissolved,' and Coulter paid the value of his interest in the goods on hand, the cash for this purpose to be advanced by Maeder, and all the merchandise transferred to him. The latter agreed to turn this over to a corporation to be formed with a capital of approximately $15,000. It was…