Aldridge v. Weems
Court of Appeals of Maryland
Appeal from a. decree of tlie Court of Chancery, dismissing the bill of the complainants, (now appellants.) The bill tiled on the oth of September, 1826, stated, that the complainants for a number of years were engaged as copartners In trade, in the City of Baltimore ; that while so engaged in business, Thomas Tongue and Thomas T. McPherson, of Anne Arundel County, also engaged in trade under the firm of Tongue and McPherson, became indebted to them in the sum of $5009 95,…
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Appeal from a. decree of tlie Court of Chancery, dismissing the bill of the complainants, (now appellants.) The bill tiled on the oth of September, 1826, stated, that the complainants for a number of years were engaged as copartners In trade, in the City of Baltimore ; that while so engaged in business, Thomas Tongue and Thomas T. McPherson, of Anne Arundel County, also engaged in trade under the firm of Tongue and McPherson, became indebted to them in the sum of $5009 95, with interest; that much of this claim had existed for several years, and Tongue, who in the dealings between the two…
1Opinion of the CourtMartin, J.
The bill charges that Tongue and McPherson were indebted to Aldridge and Higdon, in a large sum of money, and that Tongue, who was the active partner, had repeatedly promised to secure the payment of the same. That Weems was indebted to Tongue, and gave him a deed of mortgage on the 14th day of December, 1821, to secure the payment of the debt in four years after the date of the. mortgage. That before the expiration of the time allowed. Weems for payment, Tongue proposed, and the complainants agreed, to accept an assignment of this mortgage, as security to them in part payment of their debt,…
2Cited by3 opinions
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- Parks v. SkipperCourt of Appeals of Maryland · 1933
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