108 Ga. 345 | Ga. | 1899
Raeburn & Verell sued the Florida Phosphate Exchange & Export Company, alleged to be a corporation of this State, and others, among-whom were the-plain tiffs in error, Torras, Hitch, Dempster, and Minnehan, alleging that, under a charter-party dated November 2,1893, the plaintiffs chartered to the defendant company a certain steamship, and that when the plaintiffs had entered upon the performance of the contract, and while the steamship was en route to Brunswick to fill the charter, they were notified by the defendants of their inability to carry out the contract and of their refusal to comply with it and the plaintiffs thereupon set to work to procure a cargo for the ship to the best possible advantage, and succeeded in filling it to very good advantage with a cargo of phosphate rock and cotton at Savannah, but sustained a loss in the transaction of £241, 8d, which in money of the United States, is $1,181.56 1/2, this sum being the difference between what the steamship* would have earned by carrying out the contract with the. defendants, and the sum actually earned by carrying the substituted cargo; and the defendant company has failed and refused to pay the same. The defendant company is hopelessly insolvent, and its entire assets, so far as known to the plaintiffs, consist in certain subscriptions to stock in the company, upon* which the individuals named as defendants owe respectively stated sums, and the plaintiffs have no means to secure payment of the sums due them by the defendant company, except by the collection from these stockholders of their unpaid subscriptions. Plaintiffs, waiving discovery, prayed that an auditor be appointed to ascertain who were indebted to the de
Judgment affirmed.