GIOVANNI VINCENZO DEMARCO, DECEASED, NOW REPRESENTED BY MARIA CARMELA DEMARCO, AND OTHERS v. GIUSEPPE BIANCO.

(1931) 41 Ll L Rep 39

JUDICIAL COMMITTEEOF THE PRIVY COUNCIL.

Before Viscount Dunedin, Lord Blanesburgh and Lord Darling.

Contract-Purchase of ship-Agreement by defendant to advance £2000 towards plaintiff's partnership share of £4000 in yacht - Purchase of yacht cancelled in favour of steamship Ituna - Necessity for further capital - Whether defendant was a co-adventurer to the extent of one-half of plaintiff's ultimate contribution -