Smith v. Rainey, 209 U.S. 53 (1908)

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Smith v. Rainey


No. 144


Argued March 3, 4, 1908
Decided March 16, 1908
209 U.S. 53

APPEAL FROM THE SUPREME COURT
OF THE TERRITORY OF ARIZONA

Syllabus

A partner has a lien on the firm’s assets for the repayment of his advances to the firm, and in this case, held that the articles of copartnership, construed as a whole, provided that the partner in a land venture advancing the amount needed for the venture should have a lien on the land regarded as assets.

The facts are stated in the opinion.