Feiger v. Winchell

This is an appeal from a judgment declaring the interests of plaintiffs and defendants in a partnership venture. The case involves the legal effect of provisions in the partnership agreement providing for calls for the contribution of partnership capital and for the adjustment of profit and loss ratios for failure to meet such calls.

Plaintiffs Feiger and Green joined with defendants Gerard and Winchell to form a partnership for the purchase and resale of unimproved desert acreage. Green and Feiger each had a 20 per cent interest, Gerard and Winchell each had a 30 per cent interest. At a later…