Vernon Metal & Produce Co. v. Joseph Joseph & Bros.

Under the contract for a division of the net profits' of the enterprise, the defendant was entitled to charge the plaintiff’s share with its proper proportion of the defendant’s overhead expenses, in the absence of circumstances satisfying the court of the intention of the parties that such expenses were to be excluded. True it is that some circumstances tending to such exclusion may be discovered in this record, but they are not so decisive that their significance may be determined as an inference of law. The accounts rendered by the defendant at the close of the transactions did not give…