McKee v. Covalt
Supreme Court of Kansas
Error from Lyon district court; Dennis Madden, judge. STATEMENT. On the 1st day of April, 1891, one Vansickle, with his wife, owned the northwest quarter of the southeast quarter of section 32, township 20, range 12, in Lyon county, Kansas, and on that day they executed a mortgage thereon to secure a promissory note for $400, due five years after date, with interest at ten per cent, per annum.
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Error from Lyon district court; Dennis Madden, judge. STATEMENT. On the 1st day of April, 1891, one Vansickle, with his wife, owned the northwest quarter of the southeast quarter of section 32, township 20, range 12, in Lyon county, Kansas, and on that day they executed a mortgage thereon to secure a promissory note for $400, due five years after date, with interest at ten per cent, per annum. In March, 1892, Vansickle and wife conveyed the land to Bucher & Mark, a partnership composed of Frank Bucher and John T. Mark, and Bucher & Mark verbally agreed to pay off the note and mortgage that…
1Opinion of the Court
The opinion of the court was delivered by
Smith, J.:
The undisputed evidence in this case shows that defendants Bucher and Mark were copartners prior to the purchase of the land in question; that the land was purchased in a partnership transaction, and, so far as paid for; payment was made by an exchange of partnership property; that the firm continued doing an active business until about 1893 or 1894, when it ceased, but there was no formal dissolution of the firm, and no accounting or settlement of the partnership affairs; that the firm property, including the land in question, was…
2Cases cited3 opinions
- Jackson v. LongwellSupreme Court of Kansas · 1901
- Perry v. HorackSupreme Court of Kansas · 1901
- Fuller v. McMahanSupreme Court of Kansas · 1902
3Cited by1 opinion
- Craig Bros. v. Ellsaesser & HenrySupreme Court of Kansas · 1923