Yim Quon v. Conchee & Ahung
Yim Quon v. Conchee & Ahung
Opinion of the Court
Opinion of the Court by
A small Chinese firm, doing business at the corner of Hotel' and Smith streets in Honolulu, were owing to- one- of' the plaintiffs in this case, in the month of October, a notb o£'|115,.
At the same-time the same firm owed these defendants the sum of §1,500, and likewise owed Chulan & Co. the sum of §2,000. The defendants had Chulan & Co.’s debt transferred ■to them, and gave their note for it and demanded their debt, and told them if they could not pay to give a mortgage for it. They all admit! that Yim Quon had told the defendants that his debt was due. One of the partners df the debtor concern left in the latter days of November, 1879, taking with him §1,000.
It would appear from all the circumstances that he left with the knowledge of his partners; and that the §1,000 was the main portion, or quite all their ready money; for their store, stock in trade, lease and all, only realised §1,855,20 at the closing out sale.
Now, no one supposes that the leaving of one of the members of the firm, or even the absconding of a member of a firm, would necessarily be an act of bankruptcy. But the circumstances of this case justify this Court in coming to the conclusion that when this man left with debts overdue, much exceeding the whole of their means, and taking with him a large sum of money, he left with the knowledge of his partners. They all, therefore, were combining to defraud their creditors, and conniving at the absconding of their partner.
It is to be inferred from the testimony, that Chulan & Co.’s debt, as well as the debt due Conchee & Ahung, and the debt due these plaintiffs had been over due more than ten days; and it is certain that the estate was insolvent at the time of
Our judgment is that this mortgage is void; and, therefore, ithe judgment given at the October Term, 1880, is affirmed.
W.e take occasion to say that all the points raised by the ■defendants were clearly a matter for the jury, and, therefore, ■■.were as conclusively passed upon by the justice, jury having been waived; as if the jury had passed upon them; and though •we have.reviewed the circumstances connected with this transaction, we do not desire it to be understood that we will on any future occasion, review the facts found by a Justice sitting, jury waived.
Reference
- Full Case Name
- Yim Quon and Wong Leong, Assignees v. Conchee and Ahung
- Status
- Published