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WHITE v. REGER

No. A77-04-06089; CA 13830.

618 P.2d 1304 (1980)

49 Or.App. 43

Alfred W. WHITE, Appellant-Cross-Respondent, v. Donald E. REGER, Respondent-Cross-Appellant, and J.R. Arnold, Co-Partners Dba Gerlinger, Arnold & Reger, Respondents.

Court of Appeals of Oregon.

Decided November 3, 1980.

Attorney(s) appearing for the Case

George E. Birnie, Portland, argued the cause and filed the briefs for appellant-cross-respondent.

Roger Tilbury, Portland, argued the cause for respondent-cross-appellant Donald E. Reger. With him on the briefs were Roger Tilbury, Mark Wehrly, and Haessler, Stamer & Tilbury, Portland.

No appearance made by respondent J.R. Arnold.

Before GILLETTE, P.J., and ROBERTS and CAMPBELL, JJ.

ROBERTS, Judge.

This is a suit for the balance due under a contract by which plaintiff sold to defendants his interest in an insurance agency partnership. The parties were partners in an insurance agency business in Portland until 1974, when plaintiff retired. In the agreement by which he sold his share of the partnership to defendants, who continued as partners, plaintiff was to receive one-third of the partnership's annual...

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