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GEORGIADES v. GLICKMAN

272 Wis. 257 (1956)

GEORGIADES, Respondent, vs. GLICKMAN and others, Copartners, Appellants.

Supreme Court of Wisconsin.

March 6, 1956.

Attorney(s) appearing for the Case

For the appellants there was a brief by Geffs, Geffs, Block & Geffs of Janesville, and oral argument by Eli Block.

For the respondent there was a brief by Moss & Wickhem of Janesville, and oral argument by John C. Wickhem.

CURRIE, J.

The issues presented on this appeal are as follows:

(1) Whether in computing the net income from operations of the partnership there should be deducted the salary of the defendant Robert H. Karatz as general manager of the partnership's theater business;

(2) What rate of depreciation should be used as a deduction against gross income in computing the net income in which plaintiff was to share;

(3) Should operating losses from prior...

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