Legal Opinion

Hayne v. Sealy

Appellate Division of the Supreme Court of the State of New York

Decided April 15, 1902PublishedCited by 9 opinions

Appeal by the plaintiff, Henry J. Hayne, from a judgment of the Supreme Court in favor of the defendant, entered in the office of the clerk of the county of Kings on the 21st day of November, 1898, upon the decision of the court rendered after, a trial at the Kings County Special Term.

1Opinion of the Court

Willard Bartlett, J.:

The plaintiff and defendant were partners under articles of copartnership executed under seal on June 30, 1894, which provided for the continuance of the partnership until July 1, 1897. In this agreement it was provided that prior to the computation of profits plaintiff should be credited with interest at six per cent on all moneys which he might have invested in the copartnership, whether as capital or otherwise, up to $25,000, and the defendant was to be. credited with interest at the same rate on any moneys invested in the copartnership by him over and above the sum of…

2Cases cited3 opinions

  1. McKenzie v. . HarrisonNew York Court of Appeals · 1890
  2. Coe v. . HobbyNew York Court of Appeals · 1878
  3. Smith v. . KerrNew York Court of Appeals · 1888

3Cited by9 opinions

  1. In re the Judicial Settlement of the Account of SilkmanAppellate Division of the Supreme Court of the State of New York · 1907
  2. Kaiser v. ZeiglerAppellate Terms of the Supreme Court of New York · 1921
  3. In re the Estate of KohnNew York Surrogate's Court · 1952
  4. Zindler v. LevittAppellate Division of the Supreme Court of the State of New York · 1909
  5. Mitchell v. Dunmore Realty Co.Appellate Division of the Supreme Court of the State of New York · 1913

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