Summerson v. Donovan
Supreme Court of Virginia
Error to a judgment of the Circuit Court of the city of Clifton Forge, in a proceeding by motion to recover a judgment for money. Judgment for the defendant. Plaintiff assigns error.
1Opinion of the CourtWhittle, J.
On June 25, 1906, the firm of Bowling, Spotts & Co. advanced to Donovan, one of the partners, $3,366.80 in excess of his share of the earned profits prior to January 1, 1906, for which sum he made a negotiable note to the firm, payable four months after date. On September 21, 1906, Donovan sold his interest in the partnership to his copartner, Spotts, “without Tecourse.” There had been no settlement between Donovan and Tais associates since January 1, 1906, and his share in the profits which accrued between that time and the date of the sale had mot been ascertained, nor does it appear…
2Cases cited2 opinions
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