Heald v. Owen
Supreme Court of Iowa
Appeal from ChicJcasaw District Court. — Hon. L. O. Hatch, Judge. The plaintiffs and the defendants were members of an organization known as the “Bradford Township Creamery Association,” which was organized and commenced business in the spring of the year 1883. Its affairs were conducted in such a manner that, on the tenth day of September of that year, it was indebted to the First National Bank of Nashua in about the sum of forty-eight hundred dollars, on account of…
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Appeal from ChicJcasaw District Court. — Hon. L. O. Hatch, Judge. The plaintiffs and the defendants were members of an organization known as the “Bradford Township Creamery Association,” which was organized and commenced business in the spring of the year 1883. Its affairs were conducted in such a manner that, on the tenth day of September of that year, it was indebted to the First National Bank of Nashua in about the sum of forty-eight hundred dollars, on account of overdrafts.The plaintiffs, who are four in number, are directors of the association, and they executed their personal…
1Opinion of the CourtRothrock, C. J.
The plaintiffs claim that the creamery association was a partnership, and that the plaintiffs, having paid a partnership debt, are entitled to contribution from the defendants. The defendants claim that, under the articles of association, they are not liable to the plaintiffs as partners, nor in any other right. To the end that the relation of the parties to each other may be fairly understood, it is prop>er that a brief statement should be made of the facts attending the organization of the association, and the manner in which its affairs were transacted.
It appears from the record that on…
2Cited by3 opinions
- Elson v. WrightSupreme Court of Iowa · 1907
- Seaton v. GrimmSupreme Court of Iowa · 1899
- Hanson v. MartinWisconsin Supreme Court · 1927