Bullard v. Kinney
Bullard v. Kinney
Opinion of the Court
The only question arising in the case is, whether the plaintiff can sue in this form ?
1. The technical ground, that a man can not, at the same time, in the same suit, be both a plaintiff and a defendant.
2. Because it would be useless for one partner to recover that which, upon taking a general account, he might be compelled to refund; and thus a multiplicity of suits be permitted, where one would answer.
3. The contrary rule would defeat the equitable right of the other partners to set-off their advances against those of plaintiff, and would force them to first pay the amount, and then rely upon the individual responsibility of the partner for a return of his proportion.
The first ground being merely technical, may be considered as not so material under our system of pleading; but the other two grounds are substantial in their character. There is another objection that arises under the attachment law, as it then existed. Sotzen and Goodnow could not resort to the harsh remedy by attachment; but their assignee could, if he could maintain this suit. Such a remedy was not contemplated by the parties at the date of the transaction, and can not be invoked by the single act of one.
Judgment affirmed.
Field, J.—I concur in the judgment.
Reference
- Full Case Name
- BULLARD v. KINNEY
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- Syllabus
- Where there is nothing in the constitution of a joint-stock-company which regulates the remedies of the shareholders, as between themselves, the general law of partnership must govern them. Where two shareholders in such company sold to the company goods to a large amount, and afterwards, during the existence of the company, sold their stock to A, and assigned their account for such goods to B, who sued such company on said account by/ attachment: Meld, that such action could not be maintained, there having been no final settlement of the partnership accounts, no balance struck, and no express premise on the part of the individual members to pay their ascertained portion. The assignees of such account were placed in no better situation by the assignment, to sue, than the assignors before the assignment.