Clement v. Clement

Opinion by

Mr. Justice Roberts,

Charles and L. W. Clement are brothers whose forty year partnership has ended in acrimonious litigation. The essence of the conflict lies in Charles’ contention that L.W. has over the years wrongfully taken for himself more than his share of the partnership’s profits. Charles discovered these misdeeds during negotiations with L.W. over the sale of Charles’ interest in the partnership in 1964. He then filed an action in equity, asking for dissolution of the partnership, appointment of a receiver, and an accounting. Dissolution was ordered and a receiver appointed.…