Ewing v. Owens

McINERNEY, Justice.

Owens (plaintiff) sought to recover judgment from two defendants named Ewing (father and son), alleging that the parties became partners in a retail furniture business as a result of their oral agreement of May 1, 1961; in accordance with this agreement, plaintiff, then a salesman in defendants’ furniture store, purchased 10 per cent interest in the business for the agreed price of $5,416.57; defendants undertook to pay plaintiff’s capital contribution by annually crediting his capital account in the partnership with an amount equal to one per cent of the gross annual sales…