Letter from Franklin Dewey Richards, Robert Taylor Burton, Seymour Bicknell Young, and John Jaques, 11 July 1895
Salt Lake City, .
To Presidents Wilford Woodruff, Geo. Q. Cannon, and Joseph F. Smith.
Dear Brethren—Your Committee have carefully considered the docu-
ments presented in the case of Brothers Silas S. Smith and J. P. Haynie,
appealed from the High Council of San Luis Stake. It appears that
several years ago Silas S. Smith, as a silent and equal partner, put
$1000 into the store of Downey and Haynie, of Manassa, the said
Downey and Haynie having previously invested an equal amount
cash therein. The store proved to be not a success, said to be largely
owing to giving too much credit, and S. S. Smith wanted his $1000 back
with interest, the other two partners, Downey and Haynie, having drawn
amounts, from the store, equal to their shares in it, and Smith not
having drawn anything. The case, by agreement, went before three
arbitrators, and also before the High Council, which accepted and
adopted the decision of the arbitrators, which decision, as we understand
it, was, briefly, That the total amount due S. S. Smith should be held at
$1,600, with six per cent per annum interest from date of decision until
paid, the whole to be paid out of the assets of the company, and not
out of the personal or private property of either Haynie or Downey, and
that J. P. Haynie be placed in possession of said company's property for
the payment of said obligation. This appears to us to be an
equitable decision, and we therefore respectfully recommend the
affirmation of the decision of the High Council, with the under-
standing of it as here presented.
Your Brethren in the Gospel,
F. D. Richards.
R T Burton
Seymour B Young
John Jaques