Easterly v. Myers

Complainant J. E. Easterly sues L. Ii. Myers to recover one-lialf of $14,000 alleged to have been lost over a period of more than a year in trading upon the Chicago grain market. The theory of the bill is that a partnership existed between complainant and defendant and that the funds lost belonged to complainant so that defendant is indebted to complainant for one-half of the amount lost.

The Chancellor found that no partnership existed between the parties, and in any event, that the transactions out of which the alleged loss occurred involved speculating upon the rise and fall of the market…