Quicksilver v. Haynes

FOSTER, Circuit Judge.

In this case the facts are admitted and may be briefly stated. Samuel and William Quicksilver, brothers, were partners in a mercantile business. In 1927, a third brother, Nate Quicksilver, was admitted to a one-third interest in the partnership, for which he paid $5,000. This money he borrowed from a fourth brother, Edward Quicksilver. For convenience, these parties will be hereafter referred to merely by their given names. The partnership was operating two stores, one at Odessa and one at Wichita Falls, Tex. In May, 1929, the partnership was dissolved, and by agreement…