Case Name: Groth et al. v. Kersting et al.
Court: Colorado Supreme Court
Jurisdiction: Colorado
Decision Date: 1896-09
Citations: 23 Colo. 213
Docket Number: 
Parties: Groth et al. v. Kersting et al.
Judges: 
Reporter: Colorado Reports
Volume: 23
Pages: 213–217

Head Matter:
Groth et al. v. Kersting et al.
Partnership—Distribution op Assets.
The distribution of assets upon the dissolution of a copartnership is usually made in this order: 1st, to the payment of debts and liabilities due third persons; 2nd, repaying to each partner his advances; 3rd, repaying to each partner his capital; and, 4th, division of the balance as profits. This order, however, may be altered by agreement of the parties.
Brror to the Court of Appeals.
Messrs. Rogers & Stair, Mr. H. M. Orahood and Mr. F. A. Williams, for plaintiffs in error.
Mr. T. J. O’Donnell and Mr. W. S. Decker, for defendants in error.

Opinion:
Chibe Justice Hayt
delivered the opinion of the court.