Calkins v. Worth

Mr. Presiding Justice Ball

delivered the opinion of the court.

Appellee filed a bill in chancery against appellant and others, alleging that in February, 1901, he and appellant purchased an apartment building in Chicago, each paying one-half of the purchase price, which building they agreed to manage until it could be sold at a profit. In the meantime the net profits were to be divided equally between them, each paying one-half of the expenses thereof. The deed was made to appellee for the benefit of both. Immediately thereafter, at the request of appellant, appellee conveyed the undivided…