Weissman v. Henkin

Opinion by

Hirt, J.,

Defendant’s business, over a period of years, was that of securing subscriptions to a wide variety of trade journals — perhaps as many as 150 different publications. On March 30, 1940, plaintiff bought a one-half interest in the business from defendant at an agreed price of |2,250, and a partnership was formed by them to continue the business under the name of “Trade Journal Service.” Each agreed to devote his whole time in the interests of the partnership. Attached to the written agreement is defendant’s affidavit that “there are no creditors of the business conducted by”…