Legal Opinion

Maloney v. Bruce

Supreme Court of Pennsylvania

Decided May 3, 1880PublishedCited by 17 opinions

Error to the Court of Common Pleas of Lackawanna county: Of January Term 1880, No. 27. Assumpsit by John M. Bruce et al., trading as Bruce & Cook, against Martin Maloney et al., individual members of the Maloney Manufacturing and Gas Light Company, Limited. The facts were as follows : Martin Maloney, A M. Renshaw, C. W. McKinney, II.

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Error to the Court of Common Pleas of Lackawanna county: Of January Term 1880, No. 27. Assumpsit by John M. Bruce et al., trading as Bruce & Cook, against Martin Maloney et al., individual members of the Maloney Manufacturing and Gas Light Company, Limited. The facts were as follows : Martin Maloney, A M. Renshaw, C. W. McKinney, II. B. Phelps and W. F. Hallstead, by an agreement dated October 1st 1877, formed a limited partnership association as allowed by the Act of Assembly approved June 2d 1874, Pamph. L. 271, entitled “ An act authorizing the formation of partnership associations, in…

1Opinion of the CourtJustice Paxson

*252The Act of 2d June 1874, Pamph. L. 271, in regard to limited partnerships provides for a cash capital. The supplement to said act passed 1st May 1876, Pamph. L. 89, allows the members “to make contribution to the capital thereof in real or personal estate, mines or other property, at a valuation to be approved by all the members subscribing to the capital of such association. Provided, that in the- statement required to be recorded by the first section of said act, subscriptions to the capital, whether in cash or property, shall be certified in this respect according to the fact; and when…

2Cited by17 opinions

  1. Laflin & Rand Co. v. Steytler, Pennsylvania Court of Common Pleas, Alleghany County1892
  2. Cock v. Bailey, Pennsylvania Court of Common Pleas, Alleghany County1892
  3. Vanhorn v. CorcoranSupreme Court of Pennsylvania · 1889
  4. Hill, Keiser & Co. v. StetlerSupreme Court of Pennsylvania · 1888
  5. Sheble v. Strong, Pennsylvania Court of Common Pleas, Luzerne County1889

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