Page v. Page

Page P. (plaintiff) and Page D. (defendant) formed an oral partnership to run a linen supply business, agreeing only generally that it should continue long enough to become profitable and pay off debts, without specifying any fixed term; after eight unprofitable years followed by two profitable ones, Page P. sought to dissolve the partnership, but the trial court found the parties intended the partnership to last only until it became profitable enough to cover expenses, effectively finding a specific term rather than a partnership at will, and ruled for Page D.