Wallace v. Oceanic Packing Co.

The substance of the controversy in this cause is as follows: In the month of March, 1898, respondent Wallace and appellant Robertson, together with one Schumacher and one Ray, entered into negotiations having in .view the chartering of a sailing vessel for the Alaskan trade. As a result of these negotiations, each of said persons contributed in cash the sum of $550, making $2,200 in all, to be used as a fund for said purpose. Thereafter, towit, on the 26th day of March, 1898, a charter party was executed between the appellant, Oceanic Packing Company, a corporation, of the first part, and…