Harvey v. Sellers

Citations

• 115 F. 757
• 1902 U.S. App. LEXIS 4968

Syllabus

<p>Equity — Jurisdiction—Accounting—Quasi Partnership.</p> <p>A written contract by which complainant agreed to aid and co-operate in financing and exploiting certain patent rights owned by defendants, in consideration of which they agreed that one-third of the net profits received by them from the financing and exploiting of such rights should belong to complainant and be paid over to him as received, whether cash, stock, or other securities, if it did not create a partnership in the undertaking made it a joint one, in the profits of which complainant was to share, and created a trust relation between the parties which entitled him to maintain a suit in equity in a federal court, having jurisdiction, for an accounting from defendants as to money or stocks received by them as a result of the enterprise and their joint efforts.1</p>