BERNSTEIN, ETC. v. ROSS

Docket No. 5,677.

22 Mich. App. 117 (1970)

177 N.W.2d 193

BERNSTEIN, BERNSTEIN, WILE & GORDON v. ROSS

Michigan Court of Appeals.

Decided February 25, 1970.


Attorney(s) appearing for the Case

Hubbard, Fox, Thomas & Born and Albert L. Lieberman, for plaintiff.

Sinas, Dramis, Brake & Turner, for defendant.

Before: J.H. GILLIS, P.J., and McGREGOR and V.J. BRENNAN, JJ.


McGREGOR, J.

Defendant, after working for plaintiffs for about two years, entered into a written agreement with plaintiffs' accounting partnership, whereby he purchased a 5% interest therein for the sum of $23,456.09. No initial payment was made as the agreement provided for payment out of defendant's share of the profits. Two instruments, one titled "Partnership Agreement" and the other "Agreement for Sale of Partnership Interest" were executed by the parties. Defendant...

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