57 Ga. 229 | Ga. | 1876
D. W. & J. G. Visscher were copartners under that name and style when they acquired title to the land now in controversy, and so continued until after they contracted the debt sought to be collected. The deed conveying the land to them was taken in the copartnership name, and the title stood thus when the debt was contracted. The creditor gave credit to the firm upon the faith of this property. The copartnership business included, among other things, the cultivation and use of this land as a farm or plantation. A part of the debt was contracted in 1871, and a part in 1873. Suit thereon was brought in May, and judgment was rendered in December, 1875. Before suit was commenced, that is, in January, 1874, the land in question was partitioned by mutual consent of the partners, each of them taking a deed from the firm for a separate parcel. Each then proceeded to have his parcel secured to him as a homestead under the constitution and the Code, sections 2002, 2003. The applications were regular, the necessary proceedings were had, under the statute, and the
Prior to the Code, realty conveyed to and held by a firm belonged to the members as tenants in common : 19 Georgia Reports, 14. It is not absolutely certain that the Code changed this rule, by declaring, in section 1887, that a partnership “may arise from a joint ownership, use and enjoyment of the profits of undivided property, real or personal;” for this language may mean, simply, that partnership may thus exist as to the business carried on, and not that it will or must exist, also, as to the property used in the business. In the present case we understand the evidence as indicating that the land was purchased with partnership funds, and we have no doubt that, in equity, at least, it would and ought to be treated as partnership assets. For the purposes of the present decision, we deal with it as such, legally as well as equitably. Thus treating it, we could find authority for ruling the question before us either way. Some of the cases holding partnership property exempt are to be met with in 37 N. Y., 350; 67 N. C., 140; 8 Nat. Bank Reg., 409 ; 11 Ibid., 114. Some that assert the negative are reported in 101 Mass., 105; 9
A court that administers the system fairly and faithfully, must consider the laws of partnership that conflict with it,
Judgment affirmed.