34 Ala. 66 | Ala. | 1859
The two complainants and the defendant entered into an equal partnership in the livery-stable, business, commencing about the first day of June, 1845, and continuing about two years. Their contract was not reduced to writing; but the pleadiugs and proofs show, that Owen was to superintend the business, aud to receive from the firm a certain compensation for his services. The testimony of the witness Staples shows what the stipulated compensation was — viz., $300 per annum, aud the board of himself and family. "We do not, however, determine this question absolutely, but leave it for ascertainment in taking the account.
The property — stable and lot — was purchased from Mr. McGehee for $2000, and an unexpired lease to Staples was bought in for $250 — added together, making $2250. One third of thi's is $750. Collins and Langworthy paid $2150, and Owens $100. Owens was to pay one-third of the purchase-money, and then to receive a deed for one-third of the property. On the 4th June, 1845, Collins and Lang-worthy gave Owens a receipt for $350, stating therein that the balance due from him was $400. If the $100 paid by Owens to Staples was included in the receipt for $350, then $400 was the proper balance. This satisfactorily explains the receipt, and, we think, is the true state of the case. Owens afterwards paid the $400, and received a deed for an undivided third part of the property. In taking the account, no notice need or should be taken of the $100 paid by Owens to Staples, nor of the payment by Owens to Collins & Langworthy of his third part of the purchase-money.
This, then, being an equal partnership between these partners, it is manifest that an account of debtor and
When the amount of profit or loss is known, an account with each member will become necessary, to enable the register to apportion the profits, or equalize the losses. Collections and disbursements by each, and advances made by one to another, will enter into this account.
It is manifest from what we have said above, that the entire account in this ease rests on an unsound basis, and that it must be retaken. — Zimmerman v. Huber, 29 Ala. Rep. 379.
Several of the items in the account, even if the same had proceeded on a correct basis, seem to be improper. We mention only the following: Collins & Langworthy are charged for Patrick’s hogs, $80. The answer of Owens (page 25 of the record) says, the hogs were sold and proceeds divided between the partners.