Elements of the Law of Partnership
Elements of the Law of Partnership
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Y. 410, 27 N. E.
542; Kutzv. Dreibelbis (1889), 126 Rep. 797; Burley v. Harris (1836), Pa. St. 335, 17 Atl. Rep. 609; 8 N. H. 233, 29 Am. Dec. 650; Ivy Wheeler v. Arnold (1874), 80 Mich. V. Walker (1880), 58 Miss. 253. 304; Clarke v. Mills (1887), 36 Kan. 39a 98 ACTIONS BETWEEN PARTNERS. [§§ 135-13^^.
there has been an accounting and a balance struck in his favor. When, however, such a baUince is struck and a stated amount is found to be due to one from the other, who promises to pay it, an act...ion ma}" be maintained for its re- covery. As stated in one case : " Where there is an agree- ment adjusting partnership affairs, and that agreement awards to one partner a specilied sum or creates a specific duty in his favor, he may maintain an action upon a breach of the duty or promise. " ^ ^ 135. One partner may sue another at law upon claim connected with but not involving partnership transac- tions. — h. But there is a large class of cases involving mat- ters which, though they are connected w^ith the partner- ship, do not constitute partnership transactions, but are individual transactions betw^een particular partners, and as to these an action at law" may be maintained.
What to read after Elements of the Law of Partnership?
You can find similar books in the "Read Also" column, or choose other free books by Floyd R Floyd Russell Mechem to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Y. 410, 27 N. E.
542; Kutzv. Dreibelbis (1889), 126 Rep. 797; Burley v. Harris (1836), Pa. St. 335, 17 Atl. Rep. 609; 8 N. H. 233, 29 Am. Dec. 650; Ivy Wheeler v. Arnold (1874), 80 Mich. V. Walker (1880), 58 Miss. 253. 304; Clarke v. Mills (1887), 36 Kan. 39a 98 ACTIONS BETWEEN PARTNERS. [§§ 135-13^^.
there has been an accounting and a balance struck in his favor. When, however, such a baUince is struck and a stated amount is found to be due to one from the other, who promises to pay it, an act...ion ma}" be maintained for its re- covery. As stated in one case : " Where there is an agree- ment adjusting partnership affairs, and that agreement awards to one partner a specilied sum or creates a specific duty in his favor, he may maintain an action upon a breach of the duty or promise. " ^ ^ 135. One partner may sue another at law upon claim connected with but not involving partnership transac- tions. — h. But there is a large class of cases involving mat- ters which, though they are connected w^ith the partner- ship, do not constitute partnership transactions, but are individual transactions betw^een particular partners, and as to these an action at law" may be maintained.
What to read after Elements of the Law of Partnership?
You can find similar books in the "Read Also" column, or choose other free books by Floyd R Floyd Russell Mechem to read onlineMoreLess
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