Summary

Portrait of William Burnham Woods William Burnham Woods Hobbs v. McLean — Opinion of the Court

The services for which the defendant seeks pay from the plaintiffs were not rendered in their behalf, but in hostility to their interest. When many persons have a common interest in a trust property or fund, and one of them, for the benefit of all and at his own cost and expense, brings a suit for its preservation or administration, the court of equity in which the suit is brought will order that the plaintiff be reimbursed his outlay from the property of the trust, or by proportional contribution from those who accept the benefits of his efforts.
Source: Wikisource

Portrait of William Burnham Woods William Burnham Woods Hobbs v. McLean — Opinion of the Court

Upon the facts of the case, the decree of the court is simply to this effect, that where three persons form a partnership, and agree to bear the losses and share the profits of the partnership venture in proportion to their contributions to its capital, and two of the partners furnish all the money and do all the work, they are entitled to be repaid their advances out of its assets before payment of the individual creditors of the partner who paid nothing and did nothing to promote the partnership business.
Source: Wikisource

Portrait of William Burnham Woods William Burnham Woods Hobbs v. McLean — Opinion of the Court

It is obvious that section 3477, which forbids assignments of claims against the United States, or any interest therein, unless under the circumstances therein stated, can have no reference to such a contract as the partnership articles between Peck and the plaintiffs. When those articles were signed there was no claim against the United States to be transferred. Peck had at that time no contract even with the United States, and there was no certainty that he would have one. What is a claim against the United States is well understood. It is a right to demand money from the United States.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature