Lapidus v. Canno

180 A.D. 13, 167 N.Y.S. 420, 1917 N.Y. App. Div. LEXIS 8088

This text of 180 A.D. 13 (Lapidus v. Canno) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Lapidus v. Canno, 180 A.D. 13, 167 N.Y.S. 420, 1917 N.Y. App. Div. LEXIS 8088 (N.Y. Ct. App. 1917).

Opinion

Lyon, J.:

On and prior to the 17th day of May, 1913, the defendants, who are brothers, were engaged in operating three creameries situated in the county of Sullivan, N. Y., of two of which they were the owners, and of the other the lessees. On that day the plaintiff and the defendant Max Canno entered into an agreement by which the plaintiff in consideration of [15]*15the defendant Abraham Canno agreeing to enter into a partnership with him to continue said business, agreed to purchase the undivided one-half interest of Max Canno in said creamery properties and business for the sum of $4,000, the property and business to be conveyed to the plaintiff free and clear of all incumbrances. On the 3d day of July, 1913, said properties were in operation and apparently doing a prosperous business. The plaintiff then paid to Max Canno the balance of the purchase price, and Max Canno thereupon transferred to the plaintiff his undivided one-half of the personal property of the partnership, and executed and delivered to the plaintiff conveyances of his undivided one-half of the partnership real estate, which conveyances contained no covenants of warranty or other covenants. On that day the plaintiff and the defendant Abraham Canno executed articles of copartnership for continuing such business so long as they might desire, the principal business office of the firm to be at the place of business of Abraham Canno in the borough of Brooklyn, city of New York, and the sales station at the place of business of the plaintiff in the borough of Manhattan, city of New York. Two days after the formation of said partnership and on the 5th day of July, 1913, Abraham Canno moved the sales station to Brooklyn, and excluded the plaintiff from active participation in the business.

At the time of the execution of said conveyances there were of docket in Sullivan county clerk’s office three judgments against the defendants, one entered October 3, 1912, for $396.76; one February 10, 1913, for $124.88, and one June 11, 1913, for $596.81, of which fact the plaintiff was wholly ignorant at the time he paid the balance of the purchase price, accepted the conveyances, and entered into the partnership agreement. Upon being informed in August, 1913, of the existence of said judgments the plaintiff demanded of the defendants that they cause such liens upon the property to be removed. Thereafter the judgment for $396.76 which had been obtained by default was opened and the action was tried resulting in a judgment entered December 3, 1913, against the defendants for $527.84. On appeal to this court the judgment was affirmed. An appeal to the Court of Appeals was pending at the time of the trial hereof. The [16]*16judgment for $124.88 was reversed upon appeal to this court, but a judgment of reversal had not been entered at the time of the trial. The judgment for $596.81, obtained by default, was opened, the judgment to stand as security for the payment of such judgment as might be recovered. The case had not been tried at the time of the trial of this action, but has been held awaiting the decision of the Court of Appeals upon the prior judgment. The partnership between the plaintiff and the defendant Abraham Canno was carried on, and the plaintiff received the benefit thereof until October 3, 1913, each party drawing from the partnership funds $50 per week. The plaintiff continued to purchase merchandise from the partnership for use in his retail store in the borough of Manhattan until in December, 1913, when having refused, to pay therefor, further delivery of merchandise to him ceased. In January, 1914, this action was commenced.

The original complaint demanded an accounting as to partnership matters; the partition and sale of the partnership property, and judgment for the release and discharge of said judgments. The amended complaint demanded the cancellation of the said conveyances; the return to plaintiff of said $4,000, and a lien upon the property upon.the ground of fraudulent representation and conspiracy on the part of the defendants to defraud the plaintiff. The properties were not operated after about July, 1914. On March 10, 1915, the plaintiff conveyed his interest in the partnership real estate to his wife.

At the close of the trial before a jury in July, 1915, both parties moved for judgment, whereupon the court dismissed the jury, reserved • decision, and directed the submission of briefs. The court to which the decision of the case was later submitted by stipulation granted judgment against the defendant Abraham Canno for an accounting in which a counterclaim for the value of merchandise furnished to the plaintiff by the partnership was to be determined, and held the defendant Max Canno liable to the extent that the interest of Abraham Canno in the partnership assets should be insufficient to discharge its one-half of the judgments. An interlocutory judgment was entered in accordance therewith, with costs in favor of the plaintiff against both defendants. Thereafter [17]*17it was stipulated that the profits of the said partnership business of the plaintiff and Abraham Canno were $23.32, and that the plaintiff was indebted to the said partnership in the sum of $408.36. The court found as a fact that there was . no proof that Max Canno had in any way or manner interfered with the conduct or affairs of said partnership, or that he had received any profit therefrom, or that he had in any wise or at any time conspired with Abraham Canno to influence, or in any manner affect the partnership of the plaintiff and Abraham Canno. Prior to the entry of the final judgment a receiver of the property was appointed, and subsequent to the entry of the final judgment the property was sold by him. What sum was realized therefor does not appear. Following the sale the wife of the plaintiff quit-claimed to the purchaser at the receiver’s sale all her interest in the property. This was stated by plaintiff’s counsel upon the argument to have been in accordance with the understanding at the time the property was conveyed to her by the plaintiff, which was done in order to prevent judgments against any of the parties to the action attaching as liens against the property.

A final judgment was entered awarding judgment against both of the defendants for the sum of $4,000 with interest thereon from July 12, 1913, and for the costs of the action granted by the interlocutory judgment, and also for an extra allowance of two and one-half per cent, less the sum of $192.52, the amount due from.the plaintiff to the defendant Abraham Canno upon the settlement of the partnership accounts. The final judgment directed the sale of the partnership real and personal property by and under direction of said receiver, free and clear of all liens of record, including any lien created by levy under execution or otherwise, but directed that the receiver pay to the plaintiff the costs and expenses of the action, including the extra allowance, and that he retain the expenses of the sale, and his proper fees and disbursements as receiver, bringing the remainder into court for further direction, but not to be distributed except upon notice to the attorneys of record of the judgment creditors. Said judgment adjudged that the defendant Max [18]

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Cite This Page — Counsel Stack

Bluebook (online)
180 A.D. 13, 167 N.Y.S. 420, 1917 N.Y. App. Div. LEXIS 8088, Counsel Stack Legal Research, https://law.counselstack.com/opinion/lapidus-v-canno-nyappdiv-1917.