Paulsen v. Krumsick

HOLDEN, Justice.

It appears prior to April 20, 1945, respondent H. W. Krumsick and appellant Arthur Paulsen jointly operated a sawmill in Clearwater county; that during the operation of the mill plaintiff and appellant Paulsen advanced the sum of $18,480 to the joint venture; that, April 20th, appellant demanded an accounting and settlement and apparently, as a result of such demand, the following agreement was made .and entered into;

“Memorandum of Agreement

“This memorandum of agreement made .and entered into in duplicate this 20th day •of April, 1945, by and between Arthur Paulsen, a single…