Legal Opinion

Montgomery v. Lawler

Ohio Court of Appeals

Decided February 21, 1936No. 2577Published

1Opinion of the Court

*595OPINION

By BODEY, J.

Counsel for plaintiff states the question presented in this language:

“Does a loan to a partnership for the use and benefit of the partnership, the proceeds of which loan were so actually used by the partnership, made upon the solicitation of the managing partner of said partnership and with the understanding between the managing partner and the lender that it was to be a partnership obligation, become an individual obligation by the mere taking of the individual note of the managing partner as security therefor?”

In arriving at our conclusion we have examined the cases from…

2Cases cited1 opinion

  1. Queen City Petroleum Products Co. v. Norwood-Hyde Park Bank & Trust Co.Ohio Court of Appeals · 1934

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