Savage v. Dowrie

Savage, the complainant's intestate, was an equal partner with Goodwin and Dowrie in the business of insurance brokerage. Under articles of co-partnership the profits were to be allocated monthly and credited to the accounts of the partners, which they were at liberty to withdraw. Upon the death of a partner the assets of the firm were to pass to the survivors absolutely, the interest of the deceased being satisfied by a sum equal to his share of the profits for the twelve months next preceding his death. Monthly statements of his account were given to Savage, which he approved, except for…