Oregon Supreme Court December 11, 1963 (Phillips v. Goard)

SLOAN, J.

This is a dispute between the members of a limited partnership over the distribution of the proceeds of the sale of the partnership assets. The assets sold were the entire facilities of a radio station in Portland, designated by the call letters KPFM and KPiAM. The trial court found in favor of plaintiffs. Defendant appeals.

The partnership was formed in 1944 by written agreement.