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BASSAN v. INVESTMENT EXCH.

No. 42921.

83 Wn.2d 922 (1974)

524 P.2d 233

MORTON E. BASSAN et al., Appellants, M.L. GROUT, Plaintiff, v. INVESTMENT EXCHANGE CORPORATION et al., Respondents.

The Supreme Court of Washington, En Banc.

June 20, 1974.

Attorney(s) appearing for the Case

Schweppe, Doolittle, Krug, Tausend, Beezer & Beierle and Robert R. Beezer, for appellants.

Laurason T. Hunt and Robert Earl Smith, for respondents.

UTTER, J.

The appellants are limited partners in Auburn West Associates, and the respondent Investment Exchange Corporation is the sole general partner. This action was brought for an accounting and dissolution upon the theory that the general partner had, in purchasing land and selling it to Auburn West Associates, derived profits without the consent of the limited partners in breach of its fiduciary relationship. The cause...

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