Rehfuss v. Moore

Citations

• 134 Pa. 462
• 19 A. 756
• 1890 Pa. LEXIS 724

Syllabus

<p>[To be reported.]</p> <p>1. A patent-right is such property as may be contributed to the capital of a limited partnership association under § 1, act of May 1, 1876, P. L. 89, and a description of the same in the recorded statement by the number, date and subject of the letters patent, and the name of the inventor, is sufficient.</p> <p>2. Distinct patents, covering different parts of or improvements in the same machine, and therefore considered valuable only in combination, may properly be valued together at a gross sum, in the schedule prescribed by said act of 1876, when so contributed by the same subscriber thereto.</p> <p>3. When the schedule prescribed by the statute has been made and recorded in due form, the fact that the valuation therein placed on property subscribed is excessive, and even grossly so, will not render the members personally liable to creditors, if it was made in good faith: Sheble v. Strong, 128 Pa. 315, distinguished.</p>