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SUPREME COURT.

» .ACCOUNTS-IN-. PARTNERSHIP.' i VAVa sitting ,o'fthei'Suprema vCourt in Banco yesterday, • hia ( Honour Mr.Justice Chapman l.doliverctl. judgment in two eases heard , on , .Septomber'BO,' iS-which.the accounts of a Mas- ■ torton firm of, cycle. agents came up for review/ Tho defendants, were' Harold , Sinclair i and : David Gardiner :Brown, who had been-trading ' in Mastertou 4s Sinolair - and Brown.. Tho ' :Gycle' ; and 'Mbtbif 'Suppliesj" Etil., claimed, tho sum of. .£37 .10s., .ana E.vlieynoldsand . Co., . : Ltd.;',;v£l3s.;Vrhe; amounts' were/alleged to : be debts inourred by dofondantsin their retail bußii\e6S/ ;'andi'.ri3prs?efitod 'dishonoured :promiß- - notes. • Mr#; HadJeld.-appeared for'.. the - Cycle' and Motor Supplies,-Ltd., Mt. W. H. D. Bell for : 10. Reynolds',and • Co.-.-- andvjfr. Pownall, "of Maste'rioti;! for ithe deffin'dan£;Brovrn. ! v l It was, stattJd-in .evidence iit !tbol:heariiig that : Sinolair, before; taking Brown into partnership, : had an:ftc«ottnt.withiboth-plaintilfs, find,when Brown joined the Übusiaess'th® accounts were rondered.to •,the 'moneys' Werii paid, and plaintiffs held that both defendants . wore liable for; tlto balance of .tho. debt owing. Counsel urged that when 1 a new partner cinio :'. 'into.a-firm:; and-the original was carried; into the ino'w accbnlit,.'it-was exceedingly difficult for the new partner to evade liability, unless he.were very careful. . . ' . , - tho, action ibrought' by .the Cycle Supplies' Co., his Honour said • that Sinclair had: confessed judgment, but Brown:defended.-,When'Sinclair took Browtt . into'partnership,'Consignments' oh goods- wero : stiU sent to.-.Masterton. to.' tho iirm,: and acCounts.'were" rendered: to. tho firm. Sinclair and i Prown.. The .account:,, with, Sinclair.'aud that ~ with ; ; the ' ; firtn .. were'': 'made ■' cdntinuoM.The : question tobe, decided wai' whether Brown was ; liable;.to';tho plaintiffs... The defendant firm Received, notice. : from .tho ; plaintiffs . tho- '■ partnershipacc'mlnfe'was 'tb' be'-"iriefg6cl'' rato"'- >. Sinclair's , brißinal,.acfovtnt,.,.and.. his::.Hononr : cottld' not* - Say; whether /■ the plaihtift'i 'should .have made .any assumption as to whether "theif notice •reachodi:the : eyes of both partners or of only- one j it had been openly addressed to the firm, and it reached -its,destination. Plaintiffs :■ were entitled 'to judgment for , tho dmbunt of : tho .note, ,£3.7■ 10s., ■ .and 6 ipor.-cehtl .interest • with .costs-;on the. lowest 1 seal#,'.'witnesses' 0x- ... penses.. and .disbursements to be; fixed. by the Registrar.. , : In regard'to the second case, his Honour re- . marked that apparently, the firm had not lebpt '' prbpef -' boolts; and both'partners wore .respon,sible.. Reynolds and' Co.: were. enjtitjed .to-, treat :. 'frith-: the firm,; ''having . iib"' notice;.-and no ■ grounds for suspecting,-that-there existed-any divergonte: of- interests between the partners. :> P!a)ntilFs -were entitled: Uo ■ recover on'.tho threo, notes. (.£45, eaoh), 'wj.th nt'Gjpor Cent.';,costs. to bo' allowed on the ' lowesti'scale : : and ■ witnesses' / expenses jind..; disbursements i to ; bo .fixed .'by .the-'-Hcgistrar.' ' 'v .

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19091021.2.84.3

Bibliographic details

Dominion, Volume 3, Issue 643, 21 October 1909, Page 11

Word Count
411

SUPREME COURT. Dominion, Volume 3, Issue 643, 21 October 1909, Page 11

SUPREME COURT. Dominion, Volume 3, Issue 643, 21 October 1909, Page 11

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