Coffman v. Kirby

Appellant and appellee were for about 30 years partners, engaged in the operation of a drug store in the city of Harrison, prior to April 1, 1939. On March 6, of that year, appellant made appellee a written proposition of settlement of their partnership business, he agreeing; to buy or sell on that basis. Appellee sold. Paragraph 5 of the written proposition provides: “We will bring the hooks up to date showing the amount that you owe the firm, which will be determined by the amount you have drawn in excess of the amount I have drawn from the firm. In this connection, and in a spirit of…