Summary

Portrait of Melville Fuller Melville Fuller McGahan v. National Bank of Rondout…

But, although the deeds were made to North, Crane, Tompkins, and Smith as individuals, and the purchases were made in severalty, and they held, and Crane and Smith subsequently held, as tenants in common, yet if an equity resulted to firm creditors because the purchases were made in furtherance of the joint enterprise, and the lands were devoted to its use, it seems to us nevertheless quite clear that the mortgage by Crane of the three-fourths standing in his name to secure a partnership debt was valid, and could be enforced against these defendants.
Source: Wikisource

Portrait of Melville Fuller Melville Fuller McGahan v. National Bank of Rondout…

The decree of the circuit court refers to no such defense, and it is now too late to raise it. Nor do we find anything from which to conclude that the firm was given a fictitious credit by the conduct of Crane in this particular, or that the withholding of the mortgage from record amounted to a fraud upon creditors of which these defendants could complain. McGahan was not a creditor, but claimed to have been a purchaser after the mortgage had been recorded.
Source: Wikisource

Portrait of Melville Fuller Melville Fuller McGahan v. National Bank of Rondout…

If one exclude his cotenant under a claim of exclusive right, or otherwise, the cotenant is entitled to compensation to the extent of the use of which he has been improperly deprived; and it is settled law in South Carolina that the occupying tenant is chargeable with what he has received in excess of his just proportion, and is liable to account to his cotenant for the rents and profits of so much of the common property as he has occupied and used in excess of his share.
Source: Wikisource

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