Hagan v. Scott
Supreme Court of Louisiana
Western Dist. APPEAL FROM THE COURT OF THE SIXTH JUDICIAL DISTRICT, TIIE JUDGE ■ THEREOF PRESIDING. This is an action on a promissory note for three thousand dollars, executed by the firm of Calland & Scott, payable to Hagan & Co., the first of November, 1832, with ten per cent, interest per annum. The petition charges that W. P. Scott had, since the maturity of the note, changed the firm into a new one, of W. P. & J. B. Scott.
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Western Dist. APPEAL FROM THE COURT OF THE SIXTH JUDICIAL DISTRICT, TIIE JUDGE ■ THEREOF PRESIDING. This is an action on a promissory note for three thousand dollars, executed by the firm of Calland & Scott, payable to Hagan & Co., the first of November, 1832, with ten per cent, interest per annum. The petition charges that W. P. Scott had, since the maturity of the note, changed the firm into a new one, of W. P. & J. B. Scott. That in October, 1833, W. P. Scott, being in insolvent circumstances, sold all his interest in the stock of merchandize, of W. P. & J. B. Scott, together with all the…
1Opinion of the CourtMartin, J.
This action was brought on a promissory note, executed by J. B. Calland and W. P. Scott, under the style and firm of Calland & Scott. This partnership terminated in the purchase of Calland’s interest, by his partner, W. P. Scott, who afterwards formed a new partnership with J. B. Scott, in which he put the old stock of Calland & Scott; the new partner’s share in the stock being relatively small. He afterwards purchased the interest of W. P. Scott, and his undivided half of a lot of ground.
The plaintiff seeks to make the new partner, J. B. Scott, liable with the makers of the note, on the…
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