Lyons v. Murray
Supreme Court of Missouri
Error to Hannibal Court of Common Pleas. — Hon. Theodore Brace, Judge. ' (1) If one partner pays the debts of his firm with his individual money or property, he to that extent becomes a creditor of his firm, and is entitled to be paid as such.
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Error to Hannibal Court of Common Pleas. — Hon. Theodore Brace, Judge. ' (1) If one partner pays the debts of his firm with his individual money or property, he to that extent becomes a creditor of his firm, and is entitled to be paid as such. Kendall v. Eider] 35 Barb. 100; Morris v. Morris, 4 Gfratt. 293; Aver ell v. Louclcs, 6 Barb. 477: Bisby v. Lawrence, 11 Paige, 387; Adams v. Sturgis, 55 111. 468. Where the creditors of a firm have resorted to the separate estate of one of the partners, thereby exonerating the partnership estate so as to produce a surplus of firm assets, in case of the…
1Opinion of the CourtBlack, J.
Plaintiffs sued out this writ of error to review the judgment of the circuit court in sustaining a demurrer to- the amended petition. Aaron McPike,. one of the plaintiffs, recovered a judgment against Edward C. Murray, Archibald M., William M., and Walter J. YanHorn, partners, doing business under the firm name of YanHorn, Murray & Company, for some-fourteen hundred dollars in the year 1870. The other: *28plaintiffs, Sarah. C. Lyons and the Bank of Pike County, obtained judgments against Murray, the former for one hundred and forty-two dollars, and the latter for forty-seven hundred and forty…
2Cases cited2 opinions
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- Bass v. DaetwylerMissouri Court of Appeals · 1957
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