Rigby v. Oppenheimer

Citations

• 12 Pa. Super. 97
• 1899 Pa. Super. LEXIS 215

Syllabus

<p>Contract — Consideration—Partnership or individual debt.</p> <p>An undertaking signed by one partner to give a bonus as inducement for the purchase of a stipulated amount of goods from his firm does not. fail for want of consideration ; the interest of the partner in the increase-of the business of his firm is adequate consideration to support the promise. Such a promise is not a firm obligation, hence the retirement of thepromisor from the firm and the assumption of firm debt, by the successors does not relieve him from his obligation.</p>