Supreme Court of Georgia, 1885

Londerback, Gilbert & Co. v. Lilly & Wood

Londerback, Gilbert & Co. v. Lilly & Wood
Supreme Court of Georgia · Decided July 1, 1885 · Hall
1 Ga. L. Rep. 8

Londerback, Gilbert & Co. v. Lilly & Wood

Opinion of the Court

Hall, J.

Where a firm contracted a debt, and subsequently dissolved, and thereafter, with notice of the, dissolution, the creditors accepted the individual drafts of one of the partners for'the debt, and extended the time of payment, without the knowledge or consent of the retiring partner, the latter was thereby released from such debt. 20 Ga., 259; 24 Id., 310. Code, §§1917,1896, 2S37.

Judgment affirmed.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.