Bullock v. Ashley

Citations

• 90 Ill. 102

Syllabus

<p>Partnership—rule for stating account. Where cattle were bought by the complainant and defendant as partners or on joint account, with $1100 furnished by the complainant, $1000 of which was money belonging to a prior firm, of complainant, defendant and a third person, and $100 of complainant’s own money, and the third person disclaimed being interested in the purchase or the money used, whose answer was found to be true, and it appeared that the cattle had been sold at a profit of $120, a decree on bill for an account, against the defendant, who received the entire proceeds, giving him one-third of the $1000 capital, and giving the balance to the complainant, was held proper as adopting the correct basis for stating the account as to the sum invested.</p>