Tate v. Gould

Hart, C. J.,

(after stating the facts). The record shows that the complaint of E. M. and C. 0. Tate against J. M. Gould for an accounting and 'division of the profits arising from their purchase and sale of Arkansas road bonds was dismissed in the chancery court because the evidence showed that all the parties were guilty of such illegal conduct in the course of the various transactions that they were not entitled to relief in a court of eqidty. At the outset it may be proper to state the principles of law which govern transactions of this character.

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