Simpson v. Leech
Decision Date | 30 September 1877 |
Citation | 1877 WL 9716,86 Ill. 286 |
Parties | BURADELLA G. SIMPSONv.SAMUEL G. LEECH. |
Court | Illinois Supreme Court |
OPINION TEXT STARTS HERE
WRIT OF ERROR to the Circuit Court of Peoria County; the Hon. JOSEPH W. COCHRAN, Judge, presiding.
Messrs. BANGS, SHAW & EDWARDS, for the plaintiff in error.
Mr. G. S. ELDRIDGE, for the defendant in error.
The estate in which petitioner claims dower was partnership property, and belonged to a firm of which her husband was a member. A part of the property was mortgaged by the individual members of the firm, in whom was the legal title, to secure firm indebtedness. Petitioner did not join in the execution of the mortgage, nor was she made a defendant to the bill to foreclose it. No redemption having been made by the mortgagors from the sale under the decree of foreclosure within twelve months, other creditors, within fifteen months from the date of the sale, caused an execution issued on a judgment against the firm to be levied upon the mortgaged property, and redeemed it from the prior sale. Under the latter sale defendant acquired title to the property. The other tract described was levied upon by an execution issued on a judgment recovered against the firm for partnership indebtedness, and from the purchaser at a sale made thereon defendant obtained title. All the facts material to a decision are either admitted or are so fully proven as to bar all controversy.
Whatever diversity there may be in the decisions of other courts on the question made, whether a widow is entitled to dower in lands that were partnership property that belonged to a firm of which her husband was a member in his lifetime, and that were sold to pay partnership indebtedness, it is not a new question in this court, and we do not feel called upon to enter upon any elaborate discussion of it. The exact question arose in Bopp v. Fox et al. 63 Ill. 540, and the conclusion was, in such cases the widow had no dower. It was there said partnership property must first be applied to the payment of partnership debts; and the true and actual interest of each partner in the partnership stock is the balance found due to him after payment of all partnership debts and adjustment of partnership accounts between himself and copartners; and in equity real estate forms no exception, but stands on the same footing, in this respect, with personal property, no matter in whom the legal title may be vested. In...
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Young v. Thrasher
...on Dower, 163; Parsons on Partnership, sec. 112; Tiedeman on Real Property, sec. 245; 1 Lindley on Partnership, star p. 333; Simpson v. Leech, 86 Ill. 286; 5 American & Encyclopedia of Law, 898; Huston v. Neil, 41 Ind. 504. While there may have been some diversity of opinion elsewhere, it h......
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Chouteau v. The Missouri Pacific Railway Company
...65 Mo. 138; Carlisle's Adm'rs v. Mulhern, 19 Mo. 56; Buchan v. Sumner, 2 Barb. Ch. 198; Campbell v. Campbell, 30 N.J.Eq. 415; Simpson v. Leech, 86 Ill. 286; Lang Waring, 25 Ala. 625; Brewer v. Browne, 68 Ala. 210; Foster's Appeal, 74 Pa. St. 391; Bopp v. Fox, 63 Ill. 540; Howard v. Priest, ......
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