Farnum v. Patch
Supreme Court of New Hampshire
Bill in Equity, against the plaintiff’s alleged copartners, for ■contribution. Facts found by a referee. In 1875, there was an •organization in Francestown called “ Oak Hill Grange.” Regular meetings, were held once in two weeks. The parties to this bill, with many others, were active members, except Manahan. In February or March, 1875, a proposition was introduced in regard to starting a store.
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Bill in Equity, against the plaintiff’s alleged copartners, for ■contribution. Facts found by a referee. In 1875, there was an •organization in Francestown called “ Oak Hill Grange.” Regular meetings, were held once in two weeks. The parties to this bill, with many others, were active members, except Manahan. In February or March, 1875, a proposition was introduced in regard to starting a store. The subject was discussed at several meetings, and the parties to this bill nearly all took part in the discussion. The general talk was, that the prices of goods such as are usually kept in a country…
1Opinion of the CourtDoe, C. J.
By the writtexx agreement, the signers “agree to take the number of shares set against our names, at $25 per share, for the pux-pose of startixxg a grocery store, — said stockholders to decide upoxx the location for said store, axxd make all other arrangements xxecessary to carry into operation said store.” There being xxo purpose to orgaxxize a coi’poratioxx, this was an agreemexxt to become uxxincorporated “ stockholders ” of “ a grocery store.” The defexxdants, Dodge and Manahan, did xxot sign the agreemexxt, and did xxot become stockholders. Maxxahaxx gave the stockholders $50, which was…
2Cited by1 opinion
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