Parker v. Broadbent

Citations

• 134 Pa. 322
• 19 A. 631
• 1890 Pa. LEXIS 706

Syllabus

<p>1. Where, on a bill for an account against partners, the defendants at first answer that the plaintiff’s husband and not the plaintiff was their partner, but afterwards agree that if the husband will file a disclaimer of all interest, the cause shall proceed as though no such defence had been made, the defendants, after such disclaimer, cannot deny that the plaintiff was the true party in interest.</p> <p>2. If, on the dissolution of a partnership and the withdrawal of a member therefrom, the others at once take exclusive possession of the firm assets, and use the same in the continuance of the same business by themselves, they must account to the retiring partner as of the time of the latter’s withdrawal, and on the basis of the value of the partnership assets at that time.</p>