Shulsinger v. Maloney
Shulsinger v. Maloney
Opinion of the Court
The plaintiff and the defendant conducted a turf exchange or poolroom business for 21 months under a written contract of partnership. Plaintiff was to get 25 per cent, of the net profits, and defendant 75 per cent. The accounts were
After the partnership had been dissolved, and when the parties came to make the settlement for the last month, defendant contended that he had discovered that an error had been made in all the settlements, by which the share of another person in the business, amounting to 15 per cent, of the net profits of the business, had been paid out of his, defendant’s, 75 per cent., instead of being charged to the partnership account.
Much stronger evidence than defendant has adduced would be required to make the courts credit the contention.
Judgment affirmed.
Reference
- Full Case Name
- SHULSINGER v. MALONEY
- Cited By
- 2 cases
- Status
- Published
- Syllabus
- ' PARTNERSHIP — DISSOLUTION—-SETTLEMENT. When two partners in a poolroom business have made 2l monthly settlements and divisions of the net profits on a certain basis, it will require very strong evidence to make good the claim of one of them, set up for the first time after the dissolution of the partnership, and in connection with the settlement for the last month of the existence of the partnership, that the basis of settlement ought to have been different, especially where the alleged discrepancy involves a large sum. (Syllabus by the Court.)