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McELREATH v. RIQUELMY

No. 270.

444 S.W.2d 853 (1969)

Ross McELREATH, Appellant, v. Henry C. RIQUELMY et al., Appellee.

Court of Civil Appeals of Texas, Houston (14th Dist.).

September 10, 1969.

Attorney(s) appearing for the Case

Hugh E. McGee, Jr., Houston, for appellant.

William G. Wilson, Thad T. Hutcheson, Hutcheson, Taliaferro & Grundy, Houston, for appellee.

TUNKS, Chief Justice.

On July 1, 1960, Henry C. Riquelmy, Ross McElreath, Ray W. Lacour and Robert H. Isaacs entered into a partnership agreement to engage in the accounting profession under the firm name of Mattison and Riquelmy. After provisions as to the partners' ownership in the assets of the firm and participation in its income the contract provided as follows:

"6. This agreement may be cancelled by any party...

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