Many years ago I went into partnership with a brother.
We owned an automotive parts rebuilding shop. He (separately) also owned an auto parts sales route. His sales business was in effect one of our clients just like any of our other customers. So far so good untill one day he decided since he also was in partnership with the producer of the parts, he would now supply himself free of charge. Oh how nice, so he cuts me out.
Wait it gets better.
We had a written agreement that either one of us could buy the other out for a preset price. I felt I was getting screwed (which I was) and he said it was OK to invoke my option, however the written price we agreed to should now be lowered because we had used some supplies and so the value of the business was somewhat depleted. What?
We sold a lot of stuff so the business is not worth as much, eh? Is this new light? Right who needs a business that sells a lot of stuff, what was I thinking?
True we did not have the same amount of stock as when we started, but so what, these materials were used to manufacture auto parts that we sold, putting money in our pockets equally.
I knew I was getting a hose'n but I agreed to take less then what we had in writing because I new if I didnt take what he offered, the BROTHER would see to it that I would be taking it up-the-ass without any vasiline at all.
Now he was only a Ministerial Servant at the time, it was even better the time I got screwed by an Elder, but thats another story for another time.
Freeman
Edited by - freeman on 5 August 2002 15:52:2