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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 2, Page 583   View pdf image (33K)
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INDEX. 583
PARTIES TO SUITS— Continued.
party. If his debt is not due, his presence may, perhaps, be dispensed
with, because there is no power in this court to compel him to take
his money before it becomes due. Ib.
5. But if the debt secured by the first mortgage be due, then the desire of
the court, in all cases, to make a final settlement of the rights of all
persons interested, strongly enforces the necessity of bringing him in
as a party. J6.
6. Parties having conflicting interests, each claiming the title to the
property in dispute to be in himself, cannot unite as plaintiffs, and a
bill containing an averment, that one of the plaintiffs is entitled, and
that if he is not, his co-plaintiff is, cannot be supported. Ellicott vs.
Ellicott, 468.
PARTNERSHIP, PARTNERS.
1. A partnership was entered into for a special purpose, to wit: the de-
livery of 40,000 feet of plank stocks, at a certain place. Subsequently,
the partnership was dissolved, the defendant agreeing to pay the
plaintiff' for his interest in the timber, at certain rates specified in the
contract of dissolution. A bill was then filed to set aside this contract
of dissolution, on the ground of fraud, and praying for an injunction,
and the appointment of a receiver. Upon the motion to dissolve the
injunction, it was HELD—
That in a case where a partnership still subsists, to authorize either
party to apply for an injunction, and the appointment of a re-
ceiver, he must be prepared to show a case of great abuse, or
strong misconduct. Query, should not the bill likewise ask for a
dissolution of the partnership ? O'Bryan vs. Gibbons, 9.
2. After dissolution, the objection to an injunction, and the appointment of
a receiver, is not so strong. But to induce the court to exert this
strong authority, some urgent and pressing necessity must be shown. Ib.
3. Upon the motion to dissolve, the court cannot decide that the contract of
dissolution is void. This contract transferred the legal title to the
defendant, and this court is always reluctant to interefere in oppo-
sition to the legal title, and will only do so in case of fraud clearly
proved, or of imminent danger. J6.
4. Upon the dissolution of a partnership, each partner ia entitled to assist
in collecting the assets, paying the debts, and winding up the affairs of
the firm. Drury vs. Roberts, 157.
5. Any interference with this mutual right, or the exclusion by either part-
ner of the other, from the enjoyment of it, will justify this court, in
taking the management of the concern into its own hands. Ib.
6. But where a party has a legal right to the possession, and control of the
funds of the partnership, the court interferes with great reluctance,
and a strong case of abuse must be shown before a bona fide possessor
will be displaced. 16.
7. Though a partnership be formed by an agreement under seal, still, a
dissolution actually made by the parties, though not under seal, before
the period limited by the agreement for the continuance of the part-

 
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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 2, Page 583   View pdf image (33K)
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