Mason Smith & Co. v. Bierce

*97The opinion of the court was delivered by

Blanchard, J.

Plaintiffs are a commercial partnership carrying on the business of buying and selling cotton in New Orleans, with connections at Shreveport, Louisiana.

Defendants are promoters and builders of cotton compresses.

They proposed to plaintiffs to go in together and organize a corporation at Sheveport for the purpose of building^ establishing and operating a compress there.

Plaintiffs, thinking well of the proposition, suggested the advisability of taking into the enterprise the commercial partnership of C. H. Minge & Co., who were likewise…