PATECELL v. COOK

No. 2 CA-CIV 4752.

138 Ariz. 95 (1983)

673 P.2d 33

Rick A. PATECELL, Plaintiff/Appellee, v. Ronald COOK, Defendant/Appellant.

Court of Appeals of Arizona, Division 2.

November 30, 1983.


Attorney(s) appearing for the Case

Anderson & Taylor, Ltd., by Thomas W. Anderson, Tucson, for plaintiff/appellee.

Carroll A. Clark, Tucson, for defendant/appellant.


OPINION

HATHAWAY, Judge.

In May 1979, appellant offered appellee a position as a partner in his telephone equipment business. The agreement was written by appellant and signed by both parties on May 31, 1979. Appellee accepted the term of the agreement and made a capital contribution of $2,000 while appellant contributed $35,395.66.

Section 6 of the partnership agreement set forth certain conditions. It reads:

"Partners' drawing accounts,...

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