Staley-Wynne Oil Corp. v. International Shoe Co.

BROWN, Justice., J. I. Staley was the owner of a large amount of property, real and personal, much of it being oil-bearing and producing property; and he was liable for a large amount of indebtedness as an individual. His liability to appellee in this suit was that of a surety, as was much of his individual liability.

Staley was a member of a partnership firm known as Staley-Wynne & Company, composed of J. I. Staley, J. C. Wynne, L. W. Fritz, and J. E. Hall. The partnership owed several hundred thousands of dollars, and in addition to Staley’s liability for the partnership debt, he was…