Laughlin v. Administrator of Lorenz
Supreme Court of Pennsylvania
Appeal from the District Court of Allegheny county. This was an appeal by the administrators of F. Lorenz, deceased, from the final decree of the court in the matter of the bill in equity filed by James Laughlin, trustee of The Pittsburgh Trust Company, against them, and against Mary II. Stewart and William Thompson, administrators. of Thomas H. Stewart, deceased, and James J. Gray and Charles H. Lorenz.
Read the full summary
Appeal from the District Court of Allegheny county. This was an appeal by the administrators of F. Lorenz, deceased, from the final decree of the court in the matter of the bill in equity filed by James Laughlin, trustee of The Pittsburgh Trust Company, against them, and against Mary II. Stewart and William Thompson, administrators. of Thomas H. Stewart, deceased, and James J. Gray and Charles H. Lorenz. The bill charged a partnership, commencing 29th November 1853, for a term of years, between F. Lorenz and T. H. Stewart, under the firm of Lorenz, Stewart & Co., for the manufacture of iron…
1Opinion of the Court
The opinion of the court was delivered by
Agnew, J.
— In the articles of copartnership between Frederick Lorenz and Thomas H. Stewart, composing the first firm of Lorenz, Stewart & Co., there was a covenant, “ that, in case of the death of any of the partners, the business shall be continued by the surviving partner to the 1st day of August next ensuing, in the same manner as though such death had not taken place; and then an inventory of the stock and assets shall be taken, and the business of the firm closed up in such manner as may be decided upon by the survivor of the personal…
2Cases cited4 opinions
- Burwell v. CawoodSupreme Court of the United States · 1844
- Pitkin v. PitkinSupreme Court of Connecticut · 1829
- Scholefield v. EichelbergerSupreme Court of the United States · 1833
- Tassey v. ChurchSupreme Court of Pennsylvania · 1843
3Cited by4 opinions
- Furst v. ArmstrongSupreme Court of Pennsylvania · 1902
- Gandy v. DicksonSupreme Court of Pennsylvania · 1895
- Lucht v. BehrensOhio Supreme Court · 1876
- McArdle v. West Philadelphia Title & Trust Co.Superior Court of Pennsylvania · 1898