Legal Opinion

Rankin v. Newman

California Supreme Court

Decided November 5, 1896No. S. F. No. 15857PublishedCited by 13 opinions

Appeal from an order of the Superior Court of the City and County of San Francisco. William T. Wat,, lace, Judge. The facts are stated in the opinion of the court.

1Opinion of the CourtGaroutte, J.

William J. Newman, Benjamin Newman, and the deceased, John Levinson, were partners in the merchandise business, and held interests therein in proportion to the amount of capital invested by each. The last articles of copartnership between these parties were entered into January 24, 1889, and, among other things, they provided in detail the manner in which an inventory and appraisement of the partnership business should be taken annually, which inventory and appraisement should form the basis in estimating the net profit going to each partner.

The articles further provided as follows:

“In the…

2Cases cited4 opinions

  1. Rankin v. NewmanCalifornia Supreme Court · 1895
  2. Crowley v. City RailroadCalifornia Supreme Court · 1882
  3. Quinlivan v. EnglishSupreme Court of Missouri · 1869
  4. Blake v. BarnesNew York Supreme Court · 1890

3Cited by13 opinions

  1. Amwest Surety Insurance v. WilsonCalifornia Supreme Court · 1995
  2. Community Redevelopment Agency v. AbramsCalifornia Supreme Court · 1975
  3. Wood v. GuntherCalifornia Court of Appeal · 1949
  4. O'Brien v. O'BrienCourt of Appeals of Kentucky (pre-1976) · 1942
  5. Philbrook v. NewmanCalifornia Supreme Court · 1905

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