Karrick v. Hannaman

Citations

• 168 U.S. 328
• 18 S. Ct. 135
• 42 L. Ed. 484
• 1897 U.S. LEXIS 1728

Syllabus

<p>A partner who, within the term stipulated in the articles of partnership for its continuance, undertakes, of his own will, and without the consent of his copartner, to dissolve the partnership, takes exclusive possession of its property and business, profitably carries on the business with the property for his own benefit, and excludes his copartner from any participation in the business or the profits, is liable (whether the partnership should or should not be considered as having been dissolved by his acts) to account to the copartner for his share of the property and of the profits of the partnership, according to the partnership agreement.</p>