LIABILITY OF PARTMERS.
(Per United Press Association.) NAPIER, June 11. The Chief Justice's judgment was delivered in the Supreme Court in the «aae Paterson, Mossman and Co. v William and Cowley. The appeal was against the decision of the Magistrate im Making Crowley alone liable for a promissory note. The Chief Justice was of opinion that one partner could bind another by giving promissory notes, even if he applied the money to. his own use, if the lender acted bona fide and it was not-known that the partner was not acting within the scope of the •arta-nhip and .bona fide, tte theretea gave- judgment for the appellants, upsetting the Magistrate's decision.
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Bibliographic details
Wanganui Herald, Volume XXXVI, Issue 10667, 11 June 1902, Page 3
Word Count
111LIABILITY OF PARTMERS. Wanganui Herald, Volume XXXVI, Issue 10667, 11 June 1902, Page 3
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