Michigan Trust Co. v. Webber
Michigan Supreme Court
Appeal from Montcalm; Grove, J., presiding. Bill by tbe Michigan Trust Company, receiver of Clarence W. Chapin and Merrick W. Chapin, against Oscar Webber, George W. Webber, Andrew J. Webber, and Joseph T. Webber, impleaded with Clarence W. Chapin and Merrick W. Chapin, to set aside, as in fraud of creditors, the dissolution of a partnership between Oscar Webber and Clarence W. Chapin, to restrain Joseph T. Webber from disposing of certain property, and to obtain other…
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Appeal from Montcalm; Grove, J., presiding. Bill by tbe Michigan Trust Company, receiver of Clarence W. Chapin and Merrick W. Chapin, against Oscar Webber, George W. Webber, Andrew J. Webber, and Joseph T. Webber, impleaded with Clarence W. Chapin and Merrick W. Chapin, to set aside, as in fraud of creditors, the dissolution of a partnership between Oscar Webber and Clarence W. Chapin, to restrain Joseph T. Webber from disposing of certain property, and to obtain other equitable relief. From a decree dismissing the bill on demurrer, complainant appeals.
1Opinion of the CourtMoore, J.
The complainant filed a bill, alleging, in substance, that Oscar Webber and Clarence W. Chapin entered into a copartnership for the purpose of carrying on a private banking business at Stanton, Montcalm county, Mich., under the name of Webber & Chapin; that such business was carried on by them until December 28, 1892; that, at the time of the formation of such copartnership, Oscar Webber purchased an interest in said business from one Howe, who had previously invested in said enterprise $2,500;. that Chapin entered into said business with $2,500, borrowed capital, not investing any money…
2Cases cited3 opinions
- Wisconsin Marine & Fire Insurance v. Manistee Salt & Lumber Co.Michigan Supreme Court · 1889
- Lentz v. Flint & Pere Marquette Railway Co.Michigan Supreme Court · 1884
- Dwight v. Scranton & Watson Lumber Co.Michigan Supreme Court · 1887