Court Opinion

ID: 5512244
Source: CourtListenerOpinion
Date Created: 2022-01-10 04:20:27.760772+00
Date Added: 2024-06-11T08:34:11.519227
License: Public Domain

Bakrard, P. J.
We think the complaint sets out a cause of action. The plaintiffs and the defendant are stated therein to have entered into a partnership for one year, from July 20, 1869, in the manufacture of oil; the plaintiffs to furnish capital, and the plain*420tiffs to bear half the losses and the defendant half, and to share profits in same proportion. A loss is averred at the expiration of the partnership of $3,376.76, and the complaint asks to recover one-half thereof of defendant, namely, $1,638.88. If the facts are true, the plaintiffs will be entitled to recover. The partnership is terminated; a loss has been realized; and the defendant, in the article of agreement of copartnership, has agreed to pay one-half to plaintiffs.
If the answer admits the complaint, the plaintiffs will be entitled to recover a money verdict, as in an action at law. If an issue should be made by the answer, calling for an accounting, an accounting would be ordered; notwithstanding a money judgment is demanded in the complaint. The demurrer is simply to the práyer for judgment, and must be overruled.
Judgment is reversed, with leave to defendant to answer within twenty days, on payment of costs.

Ordered accordingly.