Perfected Curing & Storage Co. v. First Nat. Bank of Winfield

(after stating the facts as above). It is not contended here (and if it was- the contention would toe overruled) that the Perfected Curing & Storage Company was not, in law, a partnership, nor that its members were not, as partners, individually liable for obligations it incurred in transactions within the scope of the business it was engaged in. The contention (as we understand it) is that the assumption by the storage company of indebtedness of the storage system to the bank was not such a transaction; and that, because it was not, it was incumbent on the bank, before it was entitled to the…