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MAYER v. WHITE

No. 6977.

12 F.2d 710 (1926)

MAYER et al. v. WHITE.

Circuit Court of Appeals, Eighth Circuit.

April 5, 1926.

Attorney(s) appearing for the Case

Truman Post Young and John J. Yowell, both of St. Louis, Mo. (Koerner, Fahey & Young, of St. Louis, Mo., on the brief), for appellants.

I. J. Ringolsky, of Kansas City, Mo. (M. L. Friedman, William G. Boatright, and H. J. Shultz, all of Kansas City, Mo., on the brief), for appellee.

Before KENYON and VAN VALKENBURGH, Circuit Judges, and YOUMANS, District Judge.

YOUMANS, District Judge.

On and prior to February 21, 1920, appellee, J. H. White, and S. R. McCorkle were partners under the name of McCorkle Drilling Company. The partnership owned oil and gas leases and drilling tools, tanks, and casings. On that date White contracted to sell to H. E. Mayer all his interest in the partnership property for $50,000, payable as follows: $1,000 on the execution of the contract; $4,000 on March 15, 1920; $20,000 on April 1, 1920, and...

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