St. Regis Candies, Inc. v. Hovas

On and prior to the month of January, 1926, Paul Xanthull was the sole owner of a prosperous business which he had successfully conducted for a considerable time in the city of Houston. There had been some negotiations looking to admitting R. P. Donigan and John G. Manison to a part ownership of this business, and later these negotiations contemplated admitting also P. H. Donigan and S. N. Hovas. Pursuant to these negotiations, on January 11, 1926, Paul Xan-thull, S. N. Hovas, R. P. Donigan, P. H. Don-igan, and John G. Manison associated themselves together for the purpose of forming a…