Milloy v. Hoyt

This is an action by appellee to recover from appellant a balance claimed to be due for salary while the parties were copartners in business as John Milloy & Co.

By agreement between them, appellee had become entitled to draw a salary of $100 a month and appellant was also allowed a salary. These salaries, according to the articles of copartnership, were “ not to be considered as net protits but to come out of the general expense account.” In November, 1903, some difference having developed between them, a dissolution of partnership was agreed upon, appellant buying out appellee’s interest in…