Wilson v. Blanton

94 So. 214, 130 Miss. 390
CourtMississippi Supreme Court
DecidedSeptember 15, 1922
DocketNo. 22868
StatusPublished
Cited by5 cases

This text of 94 So. 214 (Wilson v. Blanton) is published on Counsel Stack Legal Research, covering Mississippi Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wilson v. Blanton, 94 So. 214, 130 Miss. 390 (Mich. 1922).

Opinion

Ethridge, J.,

delivered the opinion of the court.

The appellant and the appellee entered into a partnership in the fall of 1916 for running a general business, embracing planting, merchandising, etc., and leased a plantation for a period of five years and engaged in the mercantile business. For the year 1917 it was agreed that the defendant Blanton would finance the farming operations individually and would take the entire profits or suffer the losses resulting therefrom. The complainant filed his bill for an accounting of the partnership for the year 1918 as [393]*393regards the planting operations; the complainant and the defendant having, settled the mercantile business and divided the plantation, and dissolving the partnership in the year 1919. The complainant alleged in paragraph 3 of the bill:

“That complainant accepted the last-mentioned proposition, entered unreservedly into the arrangement, and did diligently apply himself to operating and promoting the ends of the special 1917 partnership, and that with the advice and consent of his partner, the defendant, he considerably increased the stock of goods in the merchandising business, by re-inyesting the profits in additional new stock, while defendant, according to the last-mentioned plan, took over for said year 1917 and did operate the plantation and pay the rent as agreed upon, and at the close of said year, the business of which was apparently satisfactory to both parties, they, as agreed, returned to the original entire partnership contract; defendant, Blanton, continuing to look after the planting and outside work, while complainant continued to supervise and handle the merchandise end of the business and collateral matters.”

The defendant answered this paragraph as follows:

“Some time in .January or February, 1918, complainant and defendant agreed to continue the partnership under the modifications entered into for the year 1918. The defendant was to operate and cultivate the leased lands, and complainant was to look after the mercantile end of the partnership. Under the arrangement made for the year 1918, the defendant was to pay the rent of one thousand five hundred dollars a year, and the complainant was to occupy free of rental the dwelling on the premises and a store building on a separate tract of land. Under the arrangement entered into for the year 1918', the defendant was to operate the leased lands, and was to retain all profits derived from the planting operations. Defendant denies that the complainant considerably increased the stock of goods in the mercantile business by reinvesting the profits, and denies that the parties, subsequent to the [394]*394year 1917 and for the year 1918, returned to the original entire partnership agreement.”

It was alleged in the bill that, the defendant did not operate the plantation at a loss during the year 1918, but that, on the contrary, the planting adventure and the purchase and sale of cotton for that year netted nearly seven thousand dollars, alleging the landlord’s part or share of the cotton and various and sundry items of the operation of the plantation for that year. The defendant in his answer admitted making above expenses about sis thousand dollars. The defendant denied that the partnership covered operations for buying for resale of cotton, and denied that the complainant was entitled to any interest in the profits made by the defendant in buying and selling-cotton, and denied that the defendant was entitled to an accounting or to any relief; also denied ability to file an account, because he had kept no books, and was unable therefore to produce any books or to account.

The complainant introduced two witnesses. One was the cashier of the Bank of Leland for the years 1917 and 1918, who testified that Mr. Wilson and Mr. Blanton came to him to discuss their business, and wanted him to draw some contracts, one for a division of the leased plantation, and the other for a settlement of the mercantile business, which papers he drew, and which were introduced in evidence by the complainant. His testimony was that nothing was said by the parties, together or in the presence of each other, as to farming- operations for 1918, but that Wilson told him privately that he did not want to embrace that in the contract of settlement, as he had an attorney handling that part of the proposition. Neither of the contracts drawn, introduced in evidence, mentioned the farming operations for the year 1918. When this witness was being-examined by the defendant, he was being questioned as to whether Wilson did his banking business With him, and if Wilson ever put any money in' the planting business, when counsel for the complainant made the following statement:

[395]*395“We admit that he never pnt ont a nickel for the 1917 and 1918 crop; that the entire amount used in the working, gathering, and marketing of the crop was advanced by Sam Blanton.”

Mr. Wilson, the complainant, testified that he came to Areola in July, 1916, and was in a partnership with a Mr. Harrison; that in the fall he found out they could lease the Joe Smith place, which is the place referred to above, and that he and Blanton entered into a partnership arrangement, leasing the place, and that Blanton bought out Mr. Harrison’s interest in the mercantile business, and that Wilson was to look after the store, and that Blanton was to look after the plantation; that they agreed for the year 1917 Blanton would finance the farming operations, and have the entire profits, and bear the losses thereof; that at the end of 1917 Blanton was to come back to the store, and Wilson to look after the farming interest from then on for the last four years; that Blanton agreed to furnish or lend Wilson money, and that he put in five hundred dollars, taking Wilson’s note for one-half thereof, to increase the store business above the amount they had started with; that this partnership was to last five years; that in 1917 Blanton did operate the farm and furnish the samé on his own account; that along in December, 1917, Wilson asked Blanton what he was going to put the corn, mules, and plow tools in at for the next year, the same being the property then of Blanton. Blanton stated that he would put the corn in at one dollar and seventy-five cents per bushel. Wilson thought that too much, and he asked Blanton if he was still going to lend him his part of the money to run the place, and Blanton said:

“‘No; I am making more than six per cent.,’ and he (Wilson) told him, whenever he got ready to pay the rent, to ‘let me know; I have the money ready;’ and he wanted to know where I would get it, and I told him, of course I would have to borrow it, as that was all the way I had to get it, and he said he would be damned if he would farm on borrowed capital. So things rocked on. The next day [396]*396he wanted a new note. I made out a new note, which represented the one-half of the five hundred dollars which Blanton had put in the business.”

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Bluebook (online)
94 So. 214, 130 Miss. 390, Counsel Stack Legal Research, https://law.counselstack.com/opinion/wilson-v-blanton-miss-1922.