Marshall v. Lambeth
Supreme Court of Louisiana
Appeal from the Commercial Court of New Orleans, Watts, J„ The petition alleges, that William M. Lambeth, William E. Thompson and Charles A. Jacobs, late commercial partners trading under the firm of W. M. Lambeth &■ Thompson, are indebted to the petitioner as endorsee before maturity, of a bill of exchange drawn upon the firm of W. M. Lambeth Jacobs filed a separate answer, pleading a general denial, and specially denying that he was, at the time of the acceptance of the…
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Appeal from the Commercial Court of New Orleans, Watts, J„ The petition alleges, that William M. Lambeth, William E. Thompson and Charles A. Jacobs, late commercial partners trading under the firm of W. M. Lambeth &■ Thompson, are indebted to the petitioner as endorsee before maturity, of a bill of exchange drawn upon the firm of W. M. Lambeth Jacobs filed a separate answer, pleading a general denial, and specially denying that he was, at the time of the acceptance of the bill sued on, or at any time, a commercial partner in the house of W. M. Lambeth & Thompson, or in any manner liable for…
1Opinion of the CourtMorphy, J.
On the 4th of August, 1838, Wm. M- Lambeth and Wm. E. Thompson formed a commercial' co-partnership with Charles A. Jacobs, under the style of W. M. Lambeth &. Thompson ; the former to be the acting and general partners, and the latter a partner incommendam to theextentof $150,000, which he paid. The partnership, which was to last for three years from the 1st of August, 1837, was duly recorded in the office of the Recorder of Mortgages. On the 16th of June, 1840, shortly before the partnership was to expire by its own limitation, it was dissolved by mutual consent. The partner in commendam…
2Cited by1 opinion
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