Ryon v. Thomas

While the firm of Cook & Allen was engaged in the prosecution of its partnership business, Allen borrowed of Thomas, one of the appellees, about ,$300 for his individual use, and executed to him a chattel mortgage upon all the property of the firm to secure the payment of the money thus borrowed. Ryon, the appellant, was afterwards, by the Hancock Circuit Court, appointed receiver of this firm of Cook & Allen, and entered upon the duties imposed by his appointment. By his second report of the condition of the assets of the firm,- known as report No. 2, it was shown that he had in his hands a…