E.A. Rainold, Inc. v. Waguespack Dufresne

O’NIELL, O. J.

The question in this case is whether the members of an ordinary partnership, engaged in farming, are liable, each for his share, of a debt contracted by one of the members of the firm for money borrowed by him individually and contributed as his share of the capital invested in the business. The plaintiff has appealed from a judgment declaring that only the partner who borrowed the money was liable, and rejecting the demand against the firm and the two other members of the firm.

Appellant admits, frankly, that he loaned or advanced the money to only one member of the firm, Anicet…