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• W437883668 abstract "idea of a partner's power. The union of wills created relation, union of' wills seems necessary to destroy it. Now is right to execute chattel mortgages upon all firm property with intention to kill partnership, as was done in Owen v. McGrath and Nabbett v. White cases inhere-t to partnership agreement? Did partnersk4.vest each other by force of partnership union, with such power? Does it not undermine one great object contemplated in partnership agreement, the sacred bond, as gustice Hoffman says, viz furtherance f partnership objects so long as they car; be attained. The delivery of possession of property to mortgagees by one partner without consent of hs co-partner, is a complete abdication of' his power as a partner, and a termination of' his implied agency on behalf of his copartner. Thus to corclude, we see that question before us is a very close one, authorities on subject being well balanced against each other. The great difficulty in fixing law is this. The judges on one hand limit partner's power because they fear a too far encroachment upon partner's power. The very essence of partnership requires great latitude to be given one partner and Courts are cautious about limiting exercise of partnership rights* On #he other hand judges see unjustness and very apparent unfairness done in giving one partner so rauch power and they thus desire to limit it somewhat without abridging his general right as a partner. CASES CITED OR DISCUSSED. Mabbett v. White 12 N.Y. 443. Clark v. Rives 33 Mo. 579. Hewett v. Sturdevant 4 B. Mon. 453. Cayton v. Hardy 27 Mo. 536. Halstead v. Shepherd 23 Ala. 558. Williams v. Barnet 10 Kas. 455. Stegal v. Coney etc. 49 Miss. 761. Wallace v. Yeager 4 Phila. 251. Drake v. Tlhyng 27 Ark. 228. Myers v. hioulton 12 Pac. 505. Crossman v. Shears 3 Ont. App. 583. Blaker v. Sands 29 Kas. 551. Shellito v. Sarpson 61 Ia. 40. Hunter v. kEayvick 67 Ia. 555. Henderson v. Nichols 67 Cala. 152. Dickinson v. Legare 1 Desaus. 537. Cowen v. McGrath (umreported) Osborne v. Barge 29 Fed. Rep. 725. Union Nat. Bank. Case 136 U. S. 225. Blaker v. Sands 29 Kas. 551. Petter vOrser 6 Bosw. 123." @default.
• W437883668 created "2016-06-24" @default.
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• W437883668 date "1895-01-01" @default.
• W437883668 modified "2023-09-24" @default.
• W437883668 title "Limitations on the Power of One Partner over Partnership Property with Particular Attention to the Right to Executive Chattel Mortgages" @default.
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