Currier v. Studley
Massachusetts Supreme Judicial Court
Contract, to recover seven thousand dollars, being one half of the amount received by the defendant from the sale of a seat in the Boston Stock Exchange, an unincorporated association. Trial in the Superior Court, before Hammond, J., who reported the ease for the determination of the Supreme Judicial Court, in substance as follows. The plaintiff and defendant were formerly copartners, doing a business of commission stockbrokers.
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Contract, to recover seven thousand dollars, being one half of the amount received by the defendant from the sale of a seat in the Boston Stock Exchange, an unincorporated association. Trial in the Superior Court, before Hammond, J., who reported the ease for the determination of the Supreme Judicial Court, in substance as follows. The plaintiff and defendant were formerly copartners, doing a business of commission stockbrokers. The price of the seat, which was one thousand dollars, was paid to the "association by the firm, but membership was taken in the name of the defendant, the rule not…
1Opinion of the CourtKnowlton, J.
Although the seat in the Stock Exchange at the time it was bought, and for a long time after the dissolution of the partnership, was not transferable, and could not be used *19or in any way made available except by the defendant’s personal occupation of it, the plaintiff contends that it was property in which the firm had a beneficial interest that continued after the dissolution, and that when it was sold the proceeds were assets to be divided between the copartners. The defendant contends that it was a mere personal privilege, which could not be the subject of legal or equitable ownership in…
2Cases cited44 opinions
- Bank of Columbia v. OkelySupreme Court of the United States · 1819
- Campbell v. HoltSupreme Court of the United States · 1885
- Speidel v. HenriciSupreme Court of the United States · 1887
- Kane v. BloodgoodNew York Court of Chancery · 1823
- Fievel v. ZuberTexas Supreme Court · 1887
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3Cited by34 opinions
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- Breen v. BurnsMassachusetts Supreme Judicial Court · 1932
- Lufkin v. JakemanMassachusetts Supreme Judicial Court · 1905
- Sawyer v. CookMassachusetts Supreme Judicial Court · 1905
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