Case ID: f-cas_24/html/1242-02.html
Source: Caselaw Access Project
Author: {"author": "", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Case No. 14,653.
    UNITED STATES v. BROD et al.
    [18 Int. Rev. Rec. 164.]
    Circuit Court, N. D. New York.
    1873.
    Partnership — Bonds—Authority of One Partner to Bind — Warehouse Bond.
    A partner, acting with assent of his copart-ners. may bind all the members of his firm by a joint and several bond, made by him in firm name, and undei a single seal affixed to firm signature. This is so without reference to section 25. Act March 1, 1823 [3 Stat. 737]: and hence, although warehouse bonds may not be duty bonds, and therefore not covered by that section, yet one entered into by a member of a firm, in the name of the fire» will equally bind his partner in trade.
   [This was a suit by tlie United States against M. Brod & Co. and others.]