All property bought with funds belonging to a firm is prima facie, at least, the property of the firm, though the title to such property be taken in the individual names of one or more of the partners.7 Thus land bought with partnership funds is treated as partnership property.8 Where one partner puts his real estate at a fixed valuation into the partnership, it becomes a part of the partnership property without an actual conveyance by the owner, who thereupon holds the title as trustee for the firm.9 A bona fide purchaser for value without notice may, of course, rely on the record title while possession remains in the hands of the record owner.10