Does an attorney at law who was a partner in the practice of his profession have any authority to bind the firm by becoming parties to a negotiable instrument?
"New York", United States of America
The following excerpt is from Steuben Co. Bank v. Alburger, 101 N.Y. 202, 4 N.E. 341 (N.Y. 1886):
Attorneys at law, who were partners in the practice of their profession, have no authority to bind the firm by becoming parties to negotiable instruments, unless such authority is given by the terms of partnership, or expressly given or recognized by both, or may be implied from the general habits of the partners in their business transactions. Friend v. Duryee, 17 Fla. 111.
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