Pike v. Wachovia Bank and Trust Company
Supreme Court of North Carolina
1Opinion of the CourtBranch, J.
Appellant assigns as error failure of the court to admit evidence adduced as to one defendant to be considered against all defendants, on the theory that defendants were engaged in a joint adventure so as to constitute each defendant a principal and the agent of the others.
Each member of a joint adventure is both an agent for his co-adventurer and a principal for himself. Summers v. Hoffman, 341 Mich. 686, 69 N.W. 2d 198; 48 C.J.S., Joint Adventures, § 5, p. 827.
“The terms joint adventure and joint venture are synonymous. 48 C.J.S. Joint Adventure § 1, p. 803.” Bradbury v. Nagelhus, 132 Mt.…
2Cases cited39 opinions
- Gay v. ThompsonSupreme Court of North Carolina · 1966
- Chisholm v. GilmerCourt of Appeals for the Fourth Circuit · 1936
- Proctor v. HearneSupreme Court of Florida · 1930
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- Warren v. . DailSupreme Court of North Carolina · 1915
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