Sims v. McFadden

This is a proceeding brought by the appellee Malcolm McFadden to obtain the dissolution of an insolvent partnership in which he and the appellant A. 0. Sims were partners. The questions presented by this appeal are whether the chancellor sufficiently protected Sims’ homestead and whether the decree correctly adjudicated the priorities of the firm’s various creditors.

On April 1,1948, McFadden and Sims formed a partnership to operate an automobile agency in Searcy. At that time Sims and his wife jointly owned a parcel of urban property on which were situated their dwelling and also a business…