Ideal Packing Co. v. Brice

Appeal by plaintiffs from a judgment in an action for accounting wherein defendants prevailed on their cross-complaint. Reversal is demanded on (1) inadequacy of the findings; (2) error in dividing the accounting period; (3) court’s failure to employ the profit determining method required by the contract; (4) insufficiency of the evidence; (5) failure to find upon substantial credits and to award same to plaintiff.

On June 19, 1950, respondents were owners of the J Bar L Ranch (140 acres), and its equipment. On that day they effected a transaction with plaintiff as follows: (1) respondents…