Gerard v. Gateau

The copartnership between the parties to this litigation was for the manufacture and sale of zinc roofing and zinc and other metal ornamental work. It was formed in January, 1872, and was to continue through a period of ten years. Although equal partners, the capital put in was not equal. Complainant put in $12,000 in cash, and defendant was the owner of plaster of paris dies which would be needed in the business of the firm, and which were rated to him as capital at $3500. It was stipulated the firm was to pay interest on the excess of capital put in by complainant, and it was secured to him…