Stone v. Baldwin
Illinois Supreme Court
Appeal from the Appellate Court for the First District;— heard in that court on appeal from the Superior Court of Cook county; the Hon. Theodore BrENTano, Judge, presiding. The superior court of Cook county entered a decree dismissing, for want of equity, a bill filed by appellant against appellees. That decree has been affirmed by the Appellate Court for the Eirst District, and the record is brought to this court by appeal.
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Appeal from the Appellate Court for the First District;— heard in that court on appeal from the Superior Court of Cook county; the Hon. Theodore BrENTano, Judge, presiding. The superior court of Cook county entered a decree dismissing, for want of equity, a bill filed by appellant against appellees. That decree has been affirmed by the Appellate Court for the Eirst District, and the record is brought to this court by appeal. The following statement of facts is in great part that of the Appellate Court: The amended bill upon which the cause was tried was one for an accounting between Edward…
1Opinion of the CourtChief Justice Scott
Stone and Baldwin entered into a co-partnership in 1869 and engaged in the commission business on the Chicago Board of Trade. They were to contribute an equal amount to the capital and were to share equally in the gains and losses. Stone’s contribution on account of the capital of the firm was $9289.15; Baldwin’s was $3163.36. This difference was never adjusted. In 1875 the firm failed. The country creditors were paid in full, but a settlement with the city creditors was made at 33 x/z cents on the dollar. Business was resumed without any further contributions to the capital of the firm and…
2Cases cited2 opinions
- Pulliam v. PensoneauIllinois Supreme Court · 1864
- Claycomb v. ButlerIllinois Supreme Court · 1864
3Cited by10 opinions
- Board of Trustees v. Cook County College Teachers Union, Local 1600Illinois Supreme Court · 1979
- Gramling v. Food MacHinery and Chemical Corp.District Court, W.D. South Carolina · 1957
- Ashland Iron & Mining Co. v. McDanielCourt of Appeals of Kentucky · 1924
- Dixon v. JohnsonCourt of Appeals of Kentucky · 1924
- Wechsler v. GidwitzAppellate Court of Illinois · 1928
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