PARTNERSHIP DISPUTE.

Wairarapa Age, 11 April 1929, Page 4

PARTNERSHIP DISPUTE.

SUPREME COURT HEARING. His Honour, Mr. Justice Smith, was occupied in the Supreme Court yesterday afternoon in hearing the civil action, Alexander Cairns Turner v. Charles Shaw Hay, a partnership dispute. Mr C. O. Mar sack appeared for the plaintiff and Mr H. E. Hart for the defendant. The hearing had not been completed when the Court adjourned at 5 p.m. yesterday and will be resumed at 10 a.m. to-day. The parties are owners of the farm property of Benmore, at Langdale. The plaintiff is applying for a dissolution of partnership and the application is opposed by the defendant. The deed of partnership provides that if there is default on the part of the defendant, the plaintiff is entitled, on a dissolution of partnership, to three-quarters of the assets and the defendant to one-quart-er. It is further proxdded* that in the event of default by the pls intiff, or of a dissolution by mutual consent or the death, of either party, the assets are to be divided equally. The defendant resists the plaintiff's application for a dissolution on the ground that he (defendant) has not made default, and counter-claims in turn to have the partnership dissolved on the ground that the plaintiff has made default by leaving the property. Defendant asks that the partnership be dissolved on a fifty-fifty basis. Both parties claim damages—the plaintiff £3OO and the defendant £lO0 —for alleged l breaches of partnership.