Ryan v. Ryan

Plaintiff appeals from a judgment dismissing his action for twenty thousand dollars.

For a number of years, Ryan Furniture Company and Grote Rankin Furniture Company, in Seattle, were owned and operated by three brothers, Joseph H. Ryan (plaintiff), Frederick A. Ryan, and William E. Ryan (defendants), under an oral partnership agreement. Plaintiff managed the Grote Rankin Furniture Company.

January 8, 1954, the partners signed a written dissolution agreement which, in so far as it is pertinent to our inquiry, fixed the liquidating cash value of the partnership assets at two hundred seventy…