Larkin Co. v. Faggen

Citations

• 71 Pa. Super. 430
• 1919 Pa. Super. LEXIS 130

Syllabus

<p>Partnership — Writing under seal — Execution by one partner— Liability of silent partner.</p> <p>A partner does not have authority to bind another by a sealed instrument. Any implied authority, arising out of the partnership relation, is limited to ordinary dealings within the scope of the partnership business, which does not include contracts under seal.</p> <p>When a lease is executed by two partners, it will not bind the estate of the silent partner, where there is no evidence to show his assent to the lease before it was signed, or ratification afterwards.</p>