Neilsen v. Holmes

Plaintiff brought this action to set aside an agreement and for an accounting of the affairs of a partnership which operated under the name of California Carob Plantations. Judgment was rendered for defendants and this appeal followed.

Under date of April 20, 1920, an equal partnership was formed between the F. D. Cornell Company, a California corporation, and Lawrence Holmes for the purpose of developing, planting to Carob trees, and subdividing and selling a large tract of land in Riverside County, California. Some years later, part of this property was taken in eminent domain proceedings by…