Opinion ID: 1830892
Heading Depth: 1
Heading Rank: 6

Heading: the judgment against a.e. burgess

Text: The circuit court, acting upon the recommendation of the special master, entered a judgment in favor of Lees for $9,451.83 against A.E. Burgess. A.E. Burgess argues that this judgment should be set aside. He states that all of the original partners withdrew as partnership distributions the total sum of $40,752 (A.E. Burgess received $40,751), except Lees, who received $36,731. Burgess contends that if Lees receives a judgment of $9,451.83 in his favor, Lees would wind up receiving $5,431.30 more than any other partner. Upon examination, the special master found that DTK's records and books indicated as of December 31, 1976, a balance in Lees's capital account of $5,216.13. The books showed credits for earnings during 1977 of $4,502.20 and $2,947, and a cash withdrawal of $3,231.50, leaving a net balance of $9,451.83 in Lees's account as of the time of the dissolution of the partnership. The special master further found that all the remaining funds and assets of DTK had been expended or paid out at the direction of A.E. Burgess. The findings of a special master are accorded a presumption of correctness; the Court sustains the findings of the special master as to the judgment entered by the circuit court against A.E. Burgess.