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Excerpt from Opinion of Hon. D. C. Glenn, Attorney General of Mississippi; Presiding as Special Chancellor, in the Superior Court of Chancery, at Jackson, June Term, 1854: In the Case of James L. Calcote, Complainant, Vs. Frederick Stanton and Henry S. Buckner, Defendants This case has been argued a-ndvsubmi-tted on the demurrer of the defendants to the complainant's bill. The facts charged in the bid-l: are substantially as follows: The defendants, together'wnh M. B. Hamer, who died April, 1842, had been during the years 1841 and-1842, and for several years prior thereto, partners in trade, doing business in _the city of New Orleans, under'the style of Buckner, Stanton db Cc., Buckner being the resident and sale managing partner; and in the city of Natchez, under the style of Stanton, Buésner Cd, said Stanton being the resident and sole managing partner; and in Yaz'oo city, under the style of M. B. Hamer being the resident; and sole managing partner. Although composed of. These-me individual members, the three firms were en. Tirely, §separate and distincttfrom each other; and kept their business, books and accounts accordingly. The firms 3m 1841, and for several years before that time, were insolvent. And so were the individual nfembers, and so continued until Buckner and Stanton were declared bankrupts. On the 2lst July, 1842, Stanton, as an individual, and as'a'meinber of'the three firms, filed his petition in bankruptcy, in the United States Bankrupt Court in Mississippi, and on'the 8th November, 1842, was declared-a bankrupt, and on the 2134: February, 1843, received his discharge. On thc,18th July, 1842, Buckner, as an individual, and as a member of the three firms, filed his petition in bankruptcy, in thewunited States Bankrupt Court in, Louisiana, and onthe -5th Sep tember, 1842, was decreed a bankrupt, and onthe 5th of December, 1842, received his discharge. These applica tions, and the proceedings'gpnder them, were made by the defendants, in concert witt-leach other, with an agreement to continue In business when they received their discharge. Joseph Sill was appointed assignee in' the case of Buckie. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
