Reynolds v. Heirs of Mardis
Supreme Court of Alabama
Error to the Chancery Court of Talladega. Tried before the Hon. David G. Ligón. The remedy of plaintiff in error is by action at law for the failure of Mardis to invest as much in the partnership as he (Reynolds) did, as it is alleged by Reynolds that this was one of the stipulations of the contract of partnership — that each partner should invest an equal amount. — Boyd v. Mynatt, 4 Ala.
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Error to the Chancery Court of Talladega. Tried before the Hon. David G. Ligón. The remedy of plaintiff in error is by action at law for the failure of Mardis to invest as much in the partnership as he (Reynolds) did, as it is alleged by Reynolds that this was one of the stipulations of the contract of partnership — that each partner should invest an equal amount. — Boyd v. Mynatt, 4 Ala. Rep. 79; Story on Part. 327. If the complainant was not entitled to the sum granted and interest thereon from the lime indicated in the decree of the chancellor, he is certainly not entitled to that sum with…
1Opinion of the CourtDargan, C. J.
This is a cause to which there are many parties, and the facts numerous and complicated; yet there is but one question presented to this court, and that involves the rights of Walker Reynolds and the representatives of Samuel W. Mardis alone. We shall therefore state those facts only which give rise to the question. Walker Reynolds and Samuel W. Mardis entered into an agreement which made them partners, for the purpose of buying and selling Indian lands situated in the Coosa and Tallapoosa Land District. Each partner was to furnish an equal amount of capital, and after the purchases were made…
2Cases cited2 opinions
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3Cited by6 opinions
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- Clark v. WardenNebraska Supreme Court · 1880
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