Custis v. Serrill

Opinion by

Mr. Justice Kephart,

The only question involved in this appeal is whether appellant’s bill contains sufficient averments to sustain equity jurisdiction.

Custis, appellant, and Serrill, one of the appellees, entered into an agreement to erect a cold storage plant convenient to the Dock Street Market, Philadelphia, the plant to be later leased to a company which they would organize. The plan included an agreement with some railroad as a necessary incident to its success. Serrill and Custis were each to have a fifty per cent interest in the enterprise. Custis failed to induce the…