· 5/14/1954
Cyrus v. Cyrus
Citations
- 242 Minn. 180
- 64 N.W.2d 538
- 45 A.L.R. 2d 1002
- 1954 Minn. LEXIS 633
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- stating that a partnership exists “if the evidence as a whole reasonably shows that the parties have entered into a contractual relation whereby they have combined their property, labor, and skill in an enterprise or business as co-owners for the purpose of joint profit”
- in determining whether a partnership exists, evidence of conduct preceding alleged partnership is material evidence of the parties’ intent
- “Unless the contrary intention appears, property acquired with partnership funds is partnership property.” (quoting Minn. Stat. Ann. § 323.07)
- “[W]here one partner purchases real estate with partnership funds and takes the title in his own name, he will be deemed a trustee holding such title for the benefit of the partnership.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Matson
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.