Waldrop v. Holland

Plaintiffs brought this action against the defendants Holland to recover upon two causes of action: (1) an unpaid account for well drilling, and (2) damages resulting from defendants' alleged breach of a lease. Defendants appeal from judgments entered against them upon each cause of action.

Two questions are presented: (1) As a matter of law, does a partnership assume an antecedent loan obtained by one of the partners to purchase equipment later transferred to the partnership? and (2) Was the summary judgment for damages for breach of the lease agreement properly entered?

The first question…