Case Name: Almeda Sprague et al v. William A. Brown
Court: Supreme Court of Ohio
Jurisdiction: Ohio
Decision Date: 1923-03-13
Citations: 1 Ohio Law Abs. 276
Docket Number: No. 17556
Parties: Almeda Sprague et al v. William A. Brown.
Judges: Marshall, C. J., Wanamaker, Jones, Matthias and Day, JJ., concur.
Reporter: The Ohio Law Abstract
Volume: 1
Pages: 276–276

Head Matter:
No. 17556
Almeda Sprague et al v. William A. Brown.
Error to the Court of Appeals of Licking county.
PARTNERSHIP — (1) Individual borrowing does not create partnership debt, though money used for partnership — (2) Creditor having chattel mortgage upon interest of a partner, lien of.

Opinion:
ALLEN, J.:
1. Where a partner borrows money on his individual credit from another partner, and later gives a note as evidence of such loan, such borrowing does not create a partnership debt, though the money be applied to partnership purposes.
2. A separate creditor who holds a valid chattel mortgage upon the interest of a partner in a partnership, has a lien upon the surplus due the partner after all • partnership debts are paid, which lien is superior to the claim for an individual debt due from the partner to his co-partner. (Nixon & Chatfield v. Nash & Atkison, 12 Ohio St., 647, distinguished.)
Judgment of .the Court of Appeals, reversed and judgment for plaintiff in. error.
Marshall, C. J., Wanamaker, Jones, Matthias and Day, JJ., concur.