Lockhart v. Lytle

Citations

• 47 Tex. 452

Syllabus

<p>1. Partnership expenses.—An action for contribution of expenditures incurred by a partner for the use of the partnership, without going into a settlement of the partnership accounts, cannot be maintained, at least, without a special agreement, or a separation of the transaction from the partnership accounts.</p> <p>2. Partnership—Limitation.—A petition by one- partner, alleging the proposed duration of a partnership,, but showing that the matters passed into the hands of a receiver before the close of the agreed term, and seeking recovery against another partner, on partnership account, and filed more than two years after the date the partnership matters passed into the hands of the receiver, will be held barred by limitation.</p>