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Corporations Keyed to O’Kelley
Drashner v. Sorenson
Citation:
63 N.W.2d 225 (1954)Facts
In January 1951 the plaintiff, C. H. Drashner, and defendants, A.D. Sorenson and Jacob P. Deis, associated themselves as co-owners in the real estate, loan and insurance business. For a consideration of $7,500 they purchased the real estate and insurance agency known as J. Schumacher Co. The entire purchase price was advanced for the partnership by the defendants, but at the time of trial $3,000 of that sum had been repaid to them by the partnership. Though their operations were not unsuccessful, differences rose and plaintiff commenced this action in which he sought an accounting, dissolution and winding up of the partnership.
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