Guenther v. Kutz

Citations

• 270 Pa. 144
• 112 A. 919
• 1921 Pa. LEXIS 344

Syllabus

<p>Equity—Fraud—Partnership—Agreement of dissolution — Evidence—Findings of chancellor.</p> <p>1. On a bill in equity to set aside an agreement of dissolution by partners, where the only ground for relief averred is fraud, a finding by the chancellor, based upon sufficient evidence, that there was no fraud, will not be reversed on appeal.</p> <p>Partnership)—Eisstibxtion—Pktrtnérship' (xgi’eement—Gontraci— Equity—Fraud—Improvidence.</p> <p>2. Partners may agree upon terms of dissolution different from those provided in the original partnership contract.</p> <p>3. Where two partners in reaching an agreement of dissolution, stand upon equal terms, the law will not convict one of fraud merely because he made a good bargain.</p> <p>4. The mere fact that a contract is improvident is no ground for setting it aside.</p>