A. Willmann & Associates v. Penseiro

Defendant appeals from the trial justice’s decree striking an accounting and imposing a settlement amongst the parties to this litigation. Willmann & Associates v. Penseiro, 158 Me. 1.

In 1955 one Kenneth M. Phillips and the defendant as partners or upon a joint adventure associated themselves in the enterprise of developing a tract of land known as Wood-lawn Acres and of selling house lots therefrom.

“----On December 19, 1955, Phillips and the defendant entered into a written agreement to the effect that they had ‘jointly purchased a tract of land’ for $10,000 paid by the defendant, that the…