India Bagging Ass'n v. B. Kock & Co.

On the 7th August, 1856, an association of eight commercial firms in New Orleans, holders of 1410 bales of India cotton bagging, was formed into what they called a copartnership for the sale of India bagging, but which, ought rather to be called a partnership to prevent the sale of India bagging; for, by their articles of association, the subscribers bound themselves, for the term of three months, not to sell any bagging, nor to offer to sell any, except with the consent of the majority of them,- expressed at a meeting; under the penalty of ten dollars for every bale so sold, or offered to bo…