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Eakin v. FentonEakin v. Fenton

Indiana Supreme Court
Nov 27, 1860
Reporters:
,
Per Curiam.

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.

Case Details

Case Name: Eakin v. Fenton
Court Name: Indiana Supreme Court
Date Published: Nov 27, 1860
Citations: 15 Ind. 59; 1860 Ind. LEXIS 285
Court Abbreviation: Ind.
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