Catchings v. Sachs

Appellate Division of the Supreme Court of New York

Catchings v. Sachs

251 A.D. 716, 296 N.Y.S. 1022, 1937 N.Y. App. Div. LEXIS 7183

Appellate Division of the Supreme Court of the State of New York·Decided May 28, 1937·Published

Opinion

Judgment affirmed, without costs. No opinion. Present — Martin, P. J., O’Malley, Dore, Cohn and Callahan, JJ.; Martin, P. J., and O’Malley, J., dissent and vote to modify by providing for a computation of the balance due the plaintiff Waddill Catchings on the basis that he is not liable beyond the amount of his capital investment in the firm (Stewart v. Robinson, 115 N. Y. 328), and that in determining the value of the partnership assets the fair value of the Goldman, Sachs Trading Corporation stock as of December 31, 1930, should be taken.

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Judgment affirmed, without costs. No opinion. Present — Martin, P. J., O’Malley, Dore, Cohn and Callahan, JJ.; Martin, P. J., and O’Malley, J., dissent and vote to modify by providing for a computation of the balance due the plaintiff Waddill Catchings on the basis that he is not liable beyond the amount of his capital investment in the firm (Stewart v. Robinson, 115 N. Y. 328), and that in determining the value of the partnership assets the fair value of the Goldman, Sachs Trading Corporation stock as of December 31, 1930, should be taken.

Catchings v. Sachs, 251 A.D. 716, 296 N.Y.S. 1022, 1937 N.Y. App. Div. LEXIS 7183 (N.Y. Ct. App. 1937).

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Opinion

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