HOWELL, Judge.
MacNeel Pierce and Nathan O. Hulsey, residents of California, formed a partnership known as The Haneel Company. Among other ventures, the partnership undertook the manufacture and sale of certain cameras, commencing production of this item sometime in 1945. Edward A. Bischoff, by arrangement with the partnership, invested $4,000 in The Haneel Company and undertook to sell and distribute the cameras and related items. Originally, Bischoff operated from...
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