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The Daily Dispatch: may 23, 1861., [Electronic resource], The rights and duties of Co-Partnership. (search)
h a state works a dissolution of co-partnership. If, as we understand you to say, your New York partners considered it "treason to their Government." that they should manufacture goods according to the terms of co-partnership, to be sold and used in this city, there can be no better illustration of your mutual inability, consistently with your public duties, to carry out the objects of the co-partnership, and, therefore, the law holds after the breaking out of war, a commercial co-partnership existing between the citizens of two countries at war is dissolved by the very act of war. This doctrine is well expounded by the Court of Errors of New York, in the case of Griswold vs. Waddington. (16 Jones' Report, 443.) We are of the opinion that your co-partnership with the citizens of New York is dissolved by the act of war, and that it is your duty to give notice to that effect, and to conduct your business hereafter without the use of their names, and for your account and benefit.