Case Name: Eakin v. Fenton, Administrator of Fenton
Court: Supreme Court of Indiana
Jurisdiction: Indiana
Decision Date: 1860-11-27
Citations: 15 Ind. 59
Docket Number: 
Parties: Eakin v. Fenton, Administrator of Fenton.
Judges: 
Reporter: Indiana Reports
Volume: 15
Pages: 59–59

Head Matter:
Eakin v. Fenton, Administrator of Fenton.
A partner purchased the interest of his co-partner, in the partnership property, under a mistake as to the true condition of the partnership accounts, but without fraud in the party selling.
Held, that there was no legal consideration for a promise of the partner selling, to make up the amount of the mistake.
Held, also, that a moral consideration is insufficient to support an action.
Tuesday, November 27.
APPEAL from the Clark Common Pleas.
J. S. Harvey, for appellant.
J. Q. Howard, for appellee.

Opinion:
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.