Eakin v. Fenton
This text of 15 Ind. 59 (Eakin v. Fenton) is published on Counsel Stack Legal Research, covering Indiana Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
One partner bought out his co-partner, for a certain price. Afterward, he alleged that the purchase was made under a mistake of the true state of the partnership accounts, and claimed that he should be allowed a certain sum by the partner selling. There was no fraud. The partner promised to pay the sum, and is now sued on the promise. He denies there was any consideration for it.
Abey v. Bennett, 10 Ind. 478, and Spahr v. Hollingshead, 8 Blackf. 415, decide that there was no legal consideration: and Wiggins v. Keizer, 6 Ind. 252, decides that a moral one •is insufficient.
The judgment is affirmed with costs.
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Cite This Page — Counsel Stack
15 Ind. 59, 1860 Ind. LEXIS 285, Counsel Stack Legal Research, https://law.counselstack.com/opinion/eakin-v-fenton-ind-1860.