Pace v. Smith
Supreme Court of Alabama
Appeal from the Chancery Court of Jefferson. Tried before the Hon. John O. Carmichael. The appellant in this case, Edward M. Pace, filed a bill of complaint against the appellee, Edward A. ¡Smith, his former co-partner, asking for an accounting and settlement of the partnership affairs.
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Appeal from the Chancery Court of Jefferson. Tried before the Hon. John O. Carmichael. The appellant in this case, Edward M. Pace, filed a bill of complaint against the appellee, Edward A. ¡Smith, his former co-partner, asking for an accounting and settlement of the partnership affairs. The bill as amended averred the formation of a partnership composed of the plaintiff and the defendant, and engaging in business by the partnership so formed, and the dissolution thereof; that on the dissolution of the partnership it was agreed between the partners that the complainant should sell his interest…
1Opinion of the CourtTyson, J.
We agree with the chancellor that the averments of the bill show a sale by complainant of his interest in the partnership property to the respondent. The case, therefore, is governed by the principles leclared in Brown v. Burnam, 99 Ala. 114, and cases there-cited.
Affirmed.
2Cases cited1 opinion
- Brown v. BurnumSupreme Court of Alabama · 1892
3Cited by1 opinion
- Moody v. HeadrickSupreme Court of Alabama · 1946