UNITED STATES SUPREME COURT DECISIONS ON-LINE
SMITH V. RAINEY, 209 U. S. 53 (1908)
209 U. S. 53U.S. Supreme Court
Smith v. Rainey, 209 U.S. 53 (1908)
Smith v. Rainey
No. 144
Argued March 3, 4, 1908
Decided March 16, 1908
209 U.S. 53
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. clubjuris