Legal Opinion

Leadbetter v. Price

Oregon Supreme Court

Decided October 28, 1921PublishedCited by 16 opinions

From Multnomah: George Tazwell, Judge. Department 1. By his petition in the matter of the estate of H. L. Pittock, deceased, F. W. Leadbetter asserts that he and the deceased were partners, holding as such some shares of stock in certain corporations, and sundry tracts of real estate, and that the executor of Pittock’s will has listed as the individual property of the decedent only one half of those properties, both real and personal, of the partnership, ignoring the other…

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From Multnomah: George Tazwell, Judge. Department 1. By his petition in the matter of the estate of H. L. Pittock, deceased, F. W. Leadbetter asserts that he and the deceased were partners, holding as such some shares of stock in certain corporations, and sundry tracts of real estate, and that the executor of Pittock’s will has listed as the individual property of the decedent only one half of those properties, both real and personal, of the partnership, ignoring the other moiety, and proposes to sell part of the partnership' estate. The petition schedules shares of several corporations and…

1Opinion of the CourtBurnett, C. J.

The following sections of Oregon Laws are here set down:

“The executor or administrator of a deceased person, who was a member of a copartnership, shall include in the inventory of such person’s estate, in a separate schedule, the whole of the property of such partnership; and the appraisers shall estimate the value thereof, and also the value of such person’s individual interest in the partnership property, after the payment or satisfaction of all the debts and liabilities of the partnership.” Section 1166.
“After the inventory is taken, the partnership property shall be in the custody and…

2Cases cited2 opinions

  1. Leadbetter v. PriceOregon Supreme Court · 1921
  2. Jensen v. WiersmaSupreme Court of Iowa · 1919

3Cited by16 opinions

  1. Re Faling EstateOregon Supreme Court · 1924
  2. Wheatley v. Carl Halvorson, Inc.Oregon Supreme Court · 1958
  3. Claude v. ClaudeOregon Supreme Court · 1951
  4. Parmele v. MathewsOregon Supreme Court · 1963
  5. ARNOLD v. ArnoldOregon Supreme Court · 1951

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