De Lizardi v. Gossett

Tho judgment of the court was pronounced by

Rost, J.

In January, 1839, Jesse Strong formed a partnership in commen-dam with Andrew Bowles, and agreed to furnish the sum of $30,000, to be employed by the said Bowles, in his own name, in the prosecution of commercia' operations in the city of New Orleans, on condition of receiving one-fourth ol the profits, and of being liable for one-fourth of the losses and expenses up to the amount furnished. No time was specified for the payment of that sum, and only a part- of it was paid.

The partnership went into operation, and, in the month of March next…