Cain v. Norman

— For sometime prior to July 22,1924, the appellant, Norman, conducted a real estate business in the city of Seattle. On the date given, he sold a half-interest in the business to the respondent, Cain, for a cash consideration of $1,250, and entered into written articles of partnership with him by the terms of which the parties agreed to continue the business thereafter as partners, sharing the profits and losses. The agreement further provided that each of the partners should devote his entire time to the business, and Cain, in pursuance of this part of the contract, entered immediately upon…