Maxfield v. Seabury
Supreme Court of Minnesota
Action in the district court for Ramsey county to recover $1,070.54, under the terms of the agreement mentioned in the opinion. The cause was tried before O. B. Lewis, J., without a jury, who ordered judgment in favor of defendant. From an order denying a motion for a new trial, plaintiff appealed.
1Opinion of the CourtCollins, J.
There is very little dispute over the facts in this case, and all need not be stated in this opinion.
1. It was found by the court that, according to the books of account kept by the old firm of Maxfield & Seabury, the interest of Louis H. Maxfield in the firm and in its business was of the value of $47,478.41, and that this was the amount which Seabury then and there agreed to pay Maxfield for his interest, the latter to withdraw from the firm. The agreement was consummated. Maxfield was paid $5,000 in cash December 5, 1890, and the balance of the amount agreed upon was evidenced by Seabury’s…
2Cited by6 opinions
- Lindquist v. GibbsSupreme Court of Minnesota · 1913
- Egbert v. EgbertCourt of Appeals of Kentucky · 1920
- Rankin v. KellyCourt of Appeals of Kentucky · 1915
- McManus v. CommowNorth Dakota Supreme Court · 1901
- Gilliam v. Spillman Motor CompanyCourt of Appeals of Kentucky (pre-1976) · 1927
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