Adams v. Kloepper

ARCHER, Chief Justice.

This suit was filed by appellant against appellee as the sole heir of Richard E. Kloepper, deceased, for the recovery of a partnership interest in certain shares of stock in Mission Valley Mills, Inc. and dividends paid thereon.

Harold Adams, appellant, and Richard E. Kloepper were friends and long time associates in business. They were both officials in banks in New Braunfels, Texas, and on and prior to 1931, partners in an insurance agency, and purchased and sold various stocks. In 1931 one share in the New Braunfels Textile Mills was purchased for $50.00 and the…