Dumont v. Ruepprecht
Supreme Court of Alabama
Appeal from the Chancery Court at Mobile. Heard before the Hon. M. J. Saefold. The bill in this case was filed, on the 19th April, 1839, by J. E. Dumont, against Albert Ruepprecht, asking the dissolution of a partnership which existed between the par* ties, and a settlement of the partnership accounts.
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Appeal from the Chancery Court at Mobile. Heard before the Hon. M. J. Saefold. The bill in this case was filed, on the 19th April, 1839, by J. E. Dumont, against Albert Ruepprecht, asking the dissolution of a partnership which existed between the par* ties, and a settlement of the partnership accounts. The articles of partnership, the construction of which was in controversy, were in the following words : “Memorandum for articles of partnership, to be entered into between J. E. Dumont and Albert von Ruepprecht, both of the city of Mobile. J. E. Dumont, general and commission-merchant in…
1Opinion of the CourtR. W. Walker, J.
Much of the controversy in this case ¡turns upon the construction to be given to the articles of partnership; and the most material questions presented b.yfthe ¡.record, w'ill be disposed of, when the respective ¡¡rights and duties of the parties under the articles are ascertained.
By their agreement, -these .parties formed a partnership, ■one-fourth of the net profits of which was to belong to Ruepprecht; and it was stipulated, that if Ruepprecht’s share of the net profits should not amount to $3,000 at the close of each year, Dumont was to jgay Yarn such sum as might be required to make up…
2Cases cited1 opinion
- Fogg v. JohnstonSupreme Court of Alabama · 1855
3Cited by3 opinions
- Schnitzer v. JosephthalNew York Supreme Court · 1923
- Barclay v. . BarrieNew York Court of Appeals · 1913
- Frym v. RamseySupreme Court of Alabama · 1971