Skinner v. White
Court for the Trial of Impeachments and Correction of Errors
APPEAL from the Court of Chancery,' The appellant filed his bill in the court below, stating that he and the respondents, Dayton, Wheeler, W. Raymond, N. H. Raymond, Hitchcock, Doane, and Ira Hall, on the 18th of April, 1815, formed an association for manufacturing cotton yam and cloth, and entered into articles of agreement for that purpose, subscribed by them respectively.
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APPEAL from the Court of Chancery,' The appellant filed his bill in the court below, stating that he and the respondents, Dayton, Wheeler, W. Raymond, N. H. Raymond, Hitchcock, Doane, and Ira Hall, on the 18th of April, 1815, formed an association for manufacturing cotton yam and cloth, and entered into articles of agreement for that purpose, subscribed by them respectively. The association was denominated “ The Granville Cotton Manufacturing Company.''' The stock of the company was to be divided into 20 shares, and the stockhoid-ers, on a certain day, were to elect a president and two…
1Opinion of the Court
*Y vn-.s, J.
The important and material facts set forth in the bill, upon which the appellant’s equity is founded, are not dfenied in the answer. On the contrary, it is admitted, that the contract was rescinded on the first of August, 1815; but the respondents state, that the amount of damages for which the appellant is liable, far exceed the instalments sued for, so that the question presented is, whether, under the circumstances disclosed by the bill and answer, he is entitled to relief: for, if he is so entitled, then the injunction ought to have been continued or modified.
If the facts and…
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