Crane v. Barry
Supreme Court of Georgia
Equity. Statute of limitations.. Partnership. Before Judge Rioe. Clarke Superior Court. August Term, 1877. Reported in tbe opinion.
1Opinion of the Court
Bleckley, Judge.
The partnership was dissolved in the fall of 1865. One of the partners sold out to the other. The sale was at invoice prices. It does not appear that any term of credit was agreed upon. The presumption is, that the debt created by the contract of sale was due immediately. No reason occurs to us why the seller could not have brought an action at law to recover the value of his one-half interest in the stock, at the agreed prices. It is not alleged that there were any debts due to, or from, the partnership, or that any business of the firm was left open or unsettled. The period…
2Cases cited2 opinions
- Addison v. John Christy & Co.Supreme Court of Georgia · 1873
- Scruggs v. GibsonSupreme Court of Georgia · 1872
3Cited by3 opinions
- Cox v. StricklandSupreme Court of Georgia · 1904
- Piedmont Hotel Co. v. HendersonCourt of Appeals of Georgia · 1911
- Sheldon & Co. v. Emory UniversitySupreme Court of Georgia · 1937