Lieb & Son v. Craddock
Court of Appeals of Kentucky
Case 81 — PETITION ORDINARY APPEAL PROM PRANKLIN CIRCUIT COURT. 1. A dormant partner is liable for a partnership debt without regard to whether credit was extended to the firm because of his connection with it. (Bishop on Contracts, secs. 392-4.) 2. A dormant partnership being known to one dealing with the firm, the dormant partner continues liable to such creditor in subsequent dealings until the creditor has notice of the withdrawal of the dormant partner.
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Case 81 — PETITION ORDINARY APPEAL PROM PRANKLIN CIRCUIT COURT. 1. A dormant partner is liable for a partnership debt without regard to whether credit was extended to the firm because of his connection with it. (Bishop on Contracts, secs. 392-4.) 2. A dormant partnership being known to one dealing with the firm, the dormant partner continues liable to such creditor in subsequent dealings until the creditor has notice of the withdrawal of the dormant partner. (Collyer on Partnership, 489; Parsons on Partnership, 431-2; Parrar v. Delflirene, 1 C. & K.; Kennedy v. Bohannon, 11 B. M., 121.) A…
1Opinion of the Court
JUDGE BENNETT
delivered the opinion of tiie court.
To an action of assumpsit filed by tlie appellants against William Jones, J. W. Jones, W. T. B. South, J. H. Bowen, D. M. Bowen and Gr. W. Craddock, as partners doing business under the firm name of Jones & Bowen, D. M. Bowen denied that he was a member of said firm at the time tlie account Sued on was created. Gr. W. Craddock admitted that he was a dormant member of said firm “during the time intervening between the first of August, 1880, and the twenty-seventh of April, 1881,” at which latter date he withdrew from said firm, and that the…
2Cited by3 opinions
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- Middleton v. FrancesCourt of Appeals of Kentucky (pre-1976) · 1934
- Reid-Murdock & Co. v. Model Meat & Grocery Co.Court of Appeals of Kentucky · 1924