Ewing v. Caldwell

It is not alleged that the deed of 10 June, 1950, from Martha Armstrong to Daisy Caldwell, is void. The allegation made is that Martha Armstrong “understood” that she was conveying her one-half interest in the realty of the partnership as security, it being “the actual intent of Martha Armstrong to secure the investment of $10,-417.18 of Daisy Caldwell.”

In the absence of allegation that the partnership was dissolved and a settlement between the partners made on 10 June, 1950, the inference is permissible, if not compelling, that the partnership continued until the death of Martha Armstrong…