349 Mass. 765 | Mass. | 1965
Chemaik seeks from Crean, inter alia, an accounting of a partnership formerly engaged in obtaining compulsory motor vehicle insurance for assigned risks. A master’s report was modified and then confirmed. Chemaik’s only appeal is from the final decree (1) that the partnership was dissolved on December 9,1961; (2) that each partner’s interest then was worth $6,000, of which each has received $3,192.74; and (3) that either partner may buy the other’s remaining interest for $2,807.26. There was basis in the master’s report for the conclusion that the dissolution took place as provided in the partnership agreement. See Murray v. Bateman, 315 Mass. 113,115. See also Gr. L. (Ter. Ed.) c. 108A, § 31 (1) (b). Prompt surrender of the partnership insurance license showed that the partnership was not intended to continue. Cf. Gr. L. (Ter. Ed.) c. 108A, § 23 (2). The determination of the value of each partner’s interest at dissolution was justified upon the modified master’s report. See Whitman v. Jones, 322 Mass. 340, 342-343. Chemaik since 1961 has acquiesced in Crean’s collecting, for the former partners, the income from former partnership