Duffy v. Gilmore

Citations

• 202 Pa. 444
• 51 A. 1026
• 1902 Pa. LEXIS 542

Syllabus

<p>Interest — Usury— Partnership — Distribution of profits.</p> <p>An agreement between two partners, whose contributions to the capital of the firm are unequal, that in distributing the profits at the end of each year, one should pay to the other “ten per cent interest on the difference in their capital,” is not usurious.</p>