This was a suit for dissolution of partnership between the plaintiff, Loh Yung, commonly kuownas " Charlie," and the defendant, Mr. Stephen Henry Schmidt, and also for the taking of an account of all partnership transactions. The parties have been carrying on the business of the C terian Hotel since the month of February 1886.
Mr. R. E, Warsewntour appeared for the plaintiff and Mr. E. Rosrssoy for the defendant.
The reading of the petition and answer showed that the main facts in the were not denied, and that parties were mutually dissatisti with the other, and while the plaintiff claimed that the defendant was largely indebted to him, which the defendant on the other had denied. The parties therefore came before the court willing to accept the usual made by his Lordship.
Mr. WarxewnicnT suggested that it would be convenient if the accounts were oferred to the Registrar with liberty t n to refer to a professional accountant, Mr. Rovixsox had no objection to Mr. Wilmer Harris, or Mr. Geo. Corner auditing the accounts. He wanted to have the work pushed forward as rapidly as possible.
is Lonpsmir said that no inducement should be a offered to either party to delay the taking of the account.
Mr. WarsewsicHT was also most anxious to have the business expedited.
Mr. Rostysos suggested the month of December next as 0 time for the sale, and Mr. Wainewright urged that th partnership be dissolved as soon as pos sible, and suggested Mr. Maleola Jon as receiver and manager, as he could act though the Court compradore who had practically been the receiver.
His Loxvsmie said that Mr. Jones was i going home in J a Mr. Warsewnron said he could act until that time when a successor could be appointed. He did not know however whether Mr. Jones would be prepared to run the hotel as manager (laughter.) He asked his Lordship to appoint Mr. Jones receiver and man x with power to him pute the management to the plai itt (and defendant. He had not seen Mr, about the matter but he thought he act.
Mr. Rents) with Mr. Wain His Lonpsitr said he would mal joint management under th \the receiver. They had not ye when the partnership was to be dissolved.
Mr. Warxewxiunt thought it was of very little consequence, burat the same he did not sve why it should not be dissolved at once, as the parties were to be managers.
His Loxnsurr—Unless there is a good deal of money being made or lust.
Mr. Romrxsox said there was a good deal of profit, and his leaned friend said there was a good deal of loss.
Mr. Joxes arriving at this stage said was prepared to act, but he had not very much experience in' running " hotel, His Lorpsutr made an order as agreed upon between Mr. Wainewright and" Mr. Robinson and which was as follows That the partnership be dissolved from this date with the same allowance to the partners as before; the account to be taken by the Registrar assisted by a professional accountant, of all dealings and transactions of the partnership calm Jones to be appointed receiver an manager until the day of sale The management of the concern to be cam on as heretofore subject to the supervision of the Receiver the goodwill and stock in trade, of the partnership business, exclusive of book debts, to be sold on or about the 15th day of December next, the decree otherwise to be in the usual fon,
Text read from the printed page and cleaned; old type leaves the occasional error.
