Hessenbruch v. Markle
Supreme Court of Pennsylvania
Appeal, No. 200, Jan. T., 1899, by-George B. Marble, from decree of C. P. No. 1, Pbila. Co., March Term, 1898, No. 941, on bill in equity. Bill in equity to declare the ownership of an interest in a partnership.
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Appeal, No. 200, Jan. T., 1899, by-George B. Marble, from decree of C. P. No. 1, Pbila. Co., March Term, 1898, No. 941, on bill in equity. Bill in equity to declare the ownership of an interest in a partnership. Biddle, P. J., filed the following opinion: The complainants allege that: 1. Antecedently to June 23,1893, George B. Maride, one of the above-named defendants, was a partner in and was the owner of two sixteenths of the firm assets and business belonging to the firm of George B. Maride & Company, which was possessed of collieries, machinery, tools and personal assets of great value,…
1Opinion of the Court
Opinion by
Mr. Justice Dean,
George B. Markle was indebted to his sister, Ida M. Hessenbruch, in the amount of two notes, aggregating the sum of $110,000, the notes being dated June 23,1893, payable in sixty days, with interest from July 1, 1893. On the same day, as collateral security for the debt, he delivered to his sister an assignment of one moiety of his interest in the partnership of C. B. Markle & Company, miners and shippers of coal in Luzerne county, with power to Mrs. Hessenbruch to sell said interest at public sale if default was made in payment; of the notes at maturity. George B.…
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