Slater, Myers & Co. v. Arnett
Supreme Court of Virginia
Appeal from decree of chancery court of city of Richmond, June 21, 1883, in the chancery suit wherein A. D. Arnett is complainant, and Slater, Myers & Co., and others, are defendants, the object whereof is the settlement of the accounts of the late firm of said A. D. Arnett and his brother, H. C. Arnett, deceased, which did business in the name of H. C. Arnett & Bro., and the estate of the said H. C. Arnett, deceased. In its character it was a general creditors’ suit.
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Appeal from decree of chancery court of city of Richmond, June 21, 1883, in the chancery suit wherein A. D. Arnett is complainant, and Slater, Myers & Co., and others, are defendants, the object whereof is the settlement of the accounts of the late firm of said A. D. Arnett and his brother, H. C. Arnett, deceased, which did business in the name of H. C. Arnett & Bro., and the estate of the said H. C. Arnett, deceased. In its character it was a general creditors’ suit. The decree of the court below was adverse to Slater, Myers & Co., who appealed therefrom; and the appellee, A. D. Arnett,…
1Opinion of the CourtLacy, J.
The case is as follows: H. C. Arnett and A. D. Arnett were engaged in the mercantile business in the name of H. C. Arnett & Brother, in the city of Richmond. On the first day of January, 1877, this partnership was dissolved by mutual consent, and H. C. Arnett succeeded to the business, and A. D. Arnett retired. H. O. Arnett agreed to pay to the said A. D. Arnett $5,000. The precise terms of the dissolution otherwise is matter of dispute, and cannot be determined from the evidence in the record.
One debt due to the firm was a debt of $1,150, due by Fleming & Brother, of Goochland county. This…
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