A PARTNERSHIP MATTER

Dominion, Volume 14, Issue 164, 7 April 1921, Page 9

A PARTNERSHIP MATTER

Further reference was made in the Supreme Court yesterday to the ease ol Charles Qunid against John Troy and Robert Menzies. Jhe plaintiff asked for rescission of a .partnership agit - moot, and the return of the capital which he had put into a business run by lioy, Menzies, and him. \\ hen the c< b .. last before the Court the. Chief (Sir Robert Stout) ordered , ncc ° u " ta , be taken as if the P^ ier * lu % had r ® <.,1 on October 11. Yesterday he Cond had before jt the mont. His Honour observed that so ne £193 appeared to be unaecoun ted . Mr. J. Scott suggested <n behalf ofMen zies that perhaps the business had bun run at a loss Indore the dissolution o partnership. Further investigation of the accounts might show this to . been the ease. His Honour said that he would let the matter stand over till Saturday morning, but if no further light was thrown'on it he would have to order each of the defendants to pay half of the sum mentioned. Mr. "• Perry (counsel for tho plaintiff) said tha the accountant could not make head oi tail of tho books. His Honours coneluding comment was: “1 feel sympathy with working men who come to grief in business through no dishonesty on then part, but merely want, of management. In these cases somebody must suffer, and the people who mismanaged must suffer, j