Cotton v. . Evans

21 N.C. 284
CourtSupreme Court of North Carolina
DecidedDecember 5, 1835
StatusPublished
Cited by4 cases

This text of 21 N.C. 284 (Cotton v. . Evans) is published on Counsel Stack Legal Research, covering Supreme Court of North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cotton v. . Evans, 21 N.C. 284 (N.C. 1835).

Opinions

dissen tiente. — Evans, Andrews, Runyon and William Ellison, associated themselves together as merchants and partners in trade. The firm had two branches; one at Washington, the books of which were kept in the style and name of “ Runyon, Ellison & Co.” and William Ellison was the acting partner. The other branch was established at Sparta in Edgecombe county, the books of which were in the style and name of “ Evans Andrews & Co.,” and was managed by Evans and Andrews. *308 The firm shipped large quantities of produce to the care and management of Van Bokkelin and While, commission-merchants of New York. William Ellison and James Ellison, were largely indebted to Van Bokkelin. Runyon had undertaken, with James Ellison, to pay his part of the debt. William Ellison (for the purpose of discharging this separate debí, which was due only from himself and Runyon,) drew a bill of exchange in the name of the firm, on Van Bokkelin and While, in favour of Van Bokkelin. The bill was accepted by the drawees, and the avails passed to Van Bokkelin, in discharge of the separate debt. In taking the accounts between the firm in North Carolina, composed of the fdur members first named, and the firm of Van Bokkelin and White, the question is, whether Van Bokkelin and White are entitled to a credit for the amount of this bill of exchange? Much testimony has been offered by the plaintiffs, for the purpose of proving that Evans and Andrews knew of the bill being drawn in the name of the firm,-and to be applied as it was applied; or that the debts of William and James Ellison were assumed by the new firm on its first formation. But there is nothing that satisfies my mind, that those debts were assumed by the new firm, or that JEuiZiis and Andrews knew of, or author-ised, or at any time assented to the transaction. The letter of Evans to Van Bokkelin, that “ they had joined stocks with William Ellison ” furnishes no proof that the new firm were to be responsible for the separate debts of William and James Ellison, or for the price of stock brought by the separate partners into the firm; Gow, 168; and Van Bokkelin did not so understand the letter. He refused to discharge James Ellison from liability until after much persuasion by James Ellison, and after a long time had elapsed. The proof that Evans once went to Washington, and was seen looking into the books, at that place, of Runyon, Ellison Sp Co., wherein William Ellison had charged himself to the firm, with several small bills, drawn in the name of the firm on Van Bokkelin and White, to pay his separate debts in New York, is not sufficient to fix Evans with notice. (William Ellison had also charged himself and Runyon with this bill, on the day-book of the *309 firm at Washington.) There is no evidence that these entries in the books at Washington ever caught the eye of Evans. If Evans had been an acting partner at Washington, a presumption would arise from the entry in the books, that he had notice of them; and his silence would have been evidence of acquiescence in the transaction. But the position of Evans, although a partner, repels the presumption of notice to him by the entries béing in the books at Washington. Out of the mass of evidence, there is not a tittle that goes to prove that Evans.knew of, or sanctioned the transaction. The letter in which he says that “they had joined stocks,” and the entry of'the bill in the books of “Runyon, Ellison Co.” does not' in my mind, fix Evans with .liability. The case then comes to this, in taking the accounts, can Van Bokkeiin and White have a credit for this bill of exchange? Is not the burthen of proof upon them to show to the Court, that Evans and Andrews had notice, and sanctioned or authorised William Ellison to draw the bill for the payment of his separate debt ? The power of one partner, to bind the firm, as to all the partnership concerns, has never been disputed. It is in the scope of a trading partner’s general authority so to act, without the creditors inquiring whether the particular partner had such an authority expressly delegated .to him. Gow. 54. But for one partner to draw bills, &c. in the name of the firm to pay his separate debt, is beyond his implied authority. A series of decisions have shown, that if a separate creditor of a partner take a partnership security towards the discharge of his separate debt, that fact alone, unless explained by particular circumstances, is conclusive evidence to charge the creditor with fraud, or with gross negligence amounting to fraud, and consequently that the firm is not bound by such transaction. Collyer on Partnership, 280. This author has arranged the authorities which were cited by counsel, in the argument of the case now under consideration. In Hope v. Cust, 1 East, 53, where a partner had given the guaranty of the firm, as a security for his separate debt, Lord Mansfield directed the jury to inquire, first, whether there was not positive fraud; or secondly, whether there was not gross *310 negligence amounting to fraud, on the part of the creditor ; and in either case, to find a verdict, against him. The facts were these: Fordyce, who traded very largely in his separate capacity with Hope & Co. in Holland, did, for, and in the name of himself and partners, give them a general guaranty for the money due from him in his separate capacity. Fordyce became a bankrupt, and after-wards all the partners became bankrupts. And a bill was filed in the Court of Chancery by Hope & Co., in order to have the benefit of this guaranty -, the Court directed an issue to try the validity of it. There was strong presumptive proof that the partners of Fordyce had no privity in the transaction. Lord Mansfield, in summing up the evidence to the jury, said, — “ There is no doubt, but that the act of every, single partner in a transaction relating to the partnership, binds all the others. But there is no general rule, which may not be infected by covin, or such gross negligence, as may amount to, or be equivalent to covin; therefore the whole will turn on this, whether the taking the guaranty from Fordyce himself, in his own handwriting, without consulting the other partners, or having their privity, is not such gross negligence in the Hopes as will amount to a fraud or covin. Fordyce was acting in two several capacities, having transactions in his own name only, for his own separate benefit; and in the names of the partnership, for his own benefit. It is manifest that Hope & Co. trusted to it as binding on the partnership. Therefore this brings it to the question, whether it be not a gross negligence? especially as they knew at the time, that Fordyce was acting in his separate capacity ; and this security was intended to indemnify them against his separate debts.” The jury found a verdict for the defendant. Lord Mansfield, in his report to the Court of Chancery, on a motion for a new trial, said: “ that three things were established to the satisfaction of himself and the jury. First, that the transactions between Hope & Co. and For-dyce were wholly on Fordyce’s account.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

In Re Bank of Sampson
171 S.E. 436 (Supreme Court of North Carolina, 1933)
Sladen, Fakes & Co. v. Lance
66 S.E. 449 (Supreme Court of North Carolina, 1909)
Campbell v. . Huffines
65 S.E. 1000 (Supreme Court of North Carolina, 1909)
Powell v. Flowers & McPhail
65 S.E. 817 (Supreme Court of North Carolina, 1909)

Cite This Page — Counsel Stack

Bluebook (online)
21 N.C. 284, Counsel Stack Legal Research, https://law.counselstack.com/opinion/cotton-v-evans-nc-1835.