Meehan v. Valentine
Citations
- 145 U.S. 611
- 12 S. Ct. 972
- 36 L. Ed. 835
- 1892 U.S. LEXIS 2170
Syllabus
<p>One who' lends a sum of money to a partnership under an agreement that he shall be'paid interest thereon at all events, and shall also be paid one ■ tenth of the yearly profits of the partnership business if those profits exceed the .sum lent, does not thereby, become liable as a partner for the debts 'of the partnership.</p>
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- “those persons are partners, who contribute either property or money to carry on a joint business for their common benefit, and who own and share the profits thereof in certain proportions”
Source: CourtListener parenthetical corpus (CC0).
Judges: Gray, Brown
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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