Drake v. Hays
Drake v. Hays
Opinion of the Court
Carrie A. Drake, a married woman, separated in property from her husband, brings this suit against the defendants, who were members of the late commercial ñrm of Cornwell & Hays, on the note of said firm for $3000, which was executed to plaintiff before she obtained said separation of property.
The court rejected the demand, and plaintiff appeals.
Previous to the existence of the firm of Cornwell & Hays there existed the firm of L. S. Cornwell & Co., which owed plaintiff borrowed money to the amount of the note in suit.
In liquidation of this debt L. S. Cornwell, the liquidating partner of the firm of L. S. Cornwell & Co., gave plaintiff the note sued on, and having previously consigned to the factors of said Cornwell & Hays forty-four bales of cotton belonging to said firm of L. S. Cornwell & Co. in liquidation. The proceeds of this cotton, exceeding the amount of the note, passed to the credit of Cornwell & Hays on the books of their factors. This fact, proved by Cornwell, the partner who executed the note in suit, stands uncontradicted.
It appears, therefore, that the liquidating partner of L. S. Cornwell & Co., instead of paying over to plaintiff the $3000 which was due her, passed that sum, the proceeds of the cotton, to the credit of Cornwell & Hays ana executed to plaintiff the note of the last-named firm, of
It is shown that the money loaned by plaintiff as before stated was her paraphernal property administered by herself.
Whether or not her husband was a member of either or both the aforenamed firms is immaterial. So, also, the statement of Cornwell made out of her presence in regard to the note in suit.
She was not present and is not bound by statements made by the partners at the partition of the partnership of Cornwell & Hays.
It is therefore ordered that the judgment herein be annulled, and that there be judgment against the defendants in solido for three thousand dollars, with legal interest thereon from first November, 1870, and costs of both courts.
Rehearing refused.
Reference
- Full Case Name
- Carrie A. Drake and Husband v. Thos. P. Hayss.
- Status
- Published