Reynolds

Reynolds v. Jackson

Good Law
1914 Cal. App. LEXIS 235·25 Cal. App. 490·144 P. 305
Court of Appeal of CaliforniaSeptember 21, 1914Civ. No. 1242.California3,571 words

Opinion

lead Opinion

Hart, J.

The plaintiff, as the assignee of W. B. Reynolds, brought this action for an accounting “of all the dealings and transactions of ” an alleged copartnership, “and for such other and -further relief as may be just,” etc.

The complaint alleges that, “on or about the fifteenth day of July, 1904, W. B. Reynolds and defendant, at the city and county of San Francisco, state of California, entered into and formed a copartnership, as equal partners, for the sole purpose of procuring options on, buying, selling and dealing in, a certain tract of land, situated in the county of Sutter, in said state; and that said W. B. Reynolds and defendant thereupon entered upon and transacted said copartnership business. That said tract of land was on or about the 1st day of October, 1904, finally sold and disposed of, resulting in a profit to said partnership, as plaintiff is informed and believes, in at least the sum of $25,000.00. ’ ’

It is further alleged that the defendant, at the time of the establishment of said copartnership, promised and agreed with said W. B. Reynolds to account to and pay over to him (Reynolds) his proportional share of all moneys received on account of said partnership and…

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