Kerr v. Folse

WILLIAMS, Justice.

Roy G. Folse sued D. W. Kerr for dissolution of an alleged partnership existing between them, for an accounting and judgment for one-half the net value of the assets. The court has filed findings of fact and conclusions of law. The court found that these parties entered into a partnership agreement under which Kerr was to furnish the necessary capital to construct a building and equip and stock it as a drug store, and Folse to manage and operate same; the profits to be divided evenly, and when Kerr’s one-half of the profits amounted to the sum advanced by him in the…