Southern v. Grim

Citations

• 67 Ill. 106

Syllabus

<p>Partnership—notice of dissolution necessary to exonerate retiring partner from subsequent liability. Where a partnership is dissolved and one of the partners continues the business the same as before, the other, in order to protect himself, should give public notice of the dissolution in the town where the firm carried on its business. Unless such notice is given, persons dealing with the partner who continues the business, withotit actual notice of the dissolution, will have the right to rely on the credit of the firm.</p>