KOVACIK v. REED

Docket No. S.F. 19760.

49 Cal.2d 166 (1957)

315 P.2d 314

STEPHEN M. KOVACIK, Respondent, v. HENRY E. REED, Appellant.

Supreme Court of California. In Bank.

September 20, 1957.


Attorney(s) appearing for the Case

John W. Broad and John A. Busterud for Appellant.

Ralph Leon Isaacs and Albert J. McGuire for Respondent.


SCHAUER, J.

In this suit for dissolution of a joint venture and for an accounting, defendant appeals from a judgment that plaintiff recover from defendant one half the losses of the venture. We have concluded that inasmuch as the parties agreed that plaintiff was to supply the money and defendant the labor to carry on the venture, defendant is correct in his contention that the trial court erred in holding him liable for one half the monetary losses, and that the...

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