Judgments

Decision Information

Decision Content

T-3534-81
Champlain Ship Supply Ltd. (Plaintiff) v.
The Vessel Felicia V and the owners and all others interested in the Vessel Felicia V and Western Marine Corp. (Defendants)
Trial Division, Walsh J.—Montreal, February 8 and 9; Ottawa, February 28, 1983.
Maritime law — Contracts — Action for account — Dispute over price charged by ship chandler for goods supplied to ship — Whether assignment of debt to bank disqualifies plaintiff from initiating proceedings — Whether incumbent on plaintiff to substantiate every item — Price to be established on quan tum meruit basis — Fairness and competitiveness of prices implied condition of contract — As action not for damages but for account, interest awarded only at rate allowed by Interest Act — Federal Court Act, R.S.C. 1970 (2nd Supp.). c. 10. s. 3 — Civil Code of Lower Canada, arts. 1203, 1204, 1233(1) — Interest Act, R.S.C. 1970, c. I-18, s. 3 — Federal Court Rules, C.R.C., c. 663, R. 1716(1).
Practice — Parties — Action by ship chandler on account for supplies furnished to ship — Plaintiff having assigned accounts receivable to bank — Whether plaintiff proper party to sue — General assignment of debts in course of normal relations with bank — Plaintiff not in financial difficulty — Letter from bank to defendant Western Marine not constitut ing demand for payment to bank rather than to plaintiff — Defendant could have raised issue by conditional appearance — Bank could have been joined as co-plaintiff — While no formal reassignment of claim by bank to plaintiff bank manager testifying that no objection to plaintiff continuing action — R. 1716(1) applicable — Cheque given as result of judgment to be made payable jointly to plaintiff and bank to protect defendant from double jeopardy — Federal Court Rules, C.R.C., c. 663, R. 1716(1).
Evidence — Burden of proof — Action on account by ship chandler — 600 items supplied — Plaintiff able to produce substantiating invoices from its supplier for only 125 — Defendant arguing prices exorbitant — Nature of business such that difficult to produce invoice showing cost of items to chandler — Invoices not deliberately destroyed — Plaintiff need not produce purchase invoices for every item — Court hearing evidence as to difficulty of establishing prices — Even reference would not yield accurate result and would be enor mous, unjustified expense — Case to be decided on equitable basis and on balance of probability.
The plaintiff, a ship chandler, furnished supplies to the vessel Felicia V in Montreal pursuant to requisitions from Western Marine Corp. The defendant refused to pay the account, claiming that the prices had been inflated. The plaintiff sues for full payment, claiming interest at the rate of 18% on invoice value. In addition to contesting the prices, the defendant raised the following arguments: (1) The plaintiff is not the proper party to bring these proceedings, having assigned its accounts receivable to The Royal Bank of Canada. (2) It is incumbent upon the plaintiff to substantiate each and every item queried.
Held, the plaintiff's action should be allowed in part. While the agreement evidencing the general assignment of the plain tiff's debts in favour of the bank as general and continuing collateral security gives it the right to institute proceedings to recover those debts, the plaintiff still has the required interest to bring the present proceedings, and since the bank has no objection to the plaintiff continuing the action, Rule 1716(1) applies so as not to invalidate the action initiated by the plaintiff. Although the burden is on the plaintiff to prove its case, this does not require that the plaintiff establish the cost of acquisition of every item, especially when many of the invoices cannot reasonably be produced. In view of the unsatisfactory and incomplete evidence as to price, the issue must be dealt with somewhat summarily on an equitable basis, on balance of probability. The prices, not determined by the contract, must be established on a quantum meruit basis, and it is at least an implied condition of the contract that the prices will be fair and competitive. As for the rate of interest claimed by the plaintiff, in the absence of any agreement between the parties on that matter, and since this is an action for account and not for damages (where the commercial interest rate can be awarded), the plaintiff is only entitled to interest at the rate allowed by the Interest Act.
CASES JUDICIALLY CONSIDERED
APPLIED:
Robillard c. Vincent (1941), 79 Que. S.C. 204; O'Dwyer v. Banks, [1953] 2 D.L.R. 204 (Alta. S.C. App. Div.).
DISTINGUISHED:
Canadian Terrazzo and Marble Co. Ltd. v. B. Kaplan Construction Co. Ltd. et al., [1966] Que. S.C. 505; Bell Telephone Co. v. The "Mar-Tirenno" et al., [1974] 1 F.C. 294 (T.D.).
CONSIDERED:
James v. Radnor County Council (1890), 6 T.L.R. 240 (Q.B.D.).
COUNSEL:
Laurent Fortier for plaintiff. Gerald P. Barry for defendants.
SOLICITORS:
Stikeman, Elliott, Tamaki, Mercier & Robb, Montreal, for plaintiff.
Gasco, Linteau, Grignon & Barry, Montreal, for defendants.
The following are the reasons for judgment rendered in English by
WALSH J.: This is an action by plaintiff, a ship chandler in Montreal, for supplies furnished to the vessel Felicia V in Montreal in October 1980 for a total invoice value according to the statement of claim of $74,987.60, of which the amount of $46,846.32 was paid in January 1981, leaving a balance of $28,141.28. Plaintiff also claims inter est at the commercial rate not less than 18% on the total invoice value from the time of delivery to the partial payment in January 1981 and on the bal ance owing from that date which was calculated as amounting to $6,076.50 at the date of institution of the proceedings on July 6, 1981. Defendant Hamilton Marine Transport Limited, owner of the vessel, disputes the amount claimed as being gross ly exaggerated, pleads the Interest Act [R.S.C. 1970, c. I-181 and also pleads that plaintiff has no standing in the present action having assigned its claim and notice of such assignment having been given to defendant. Plaintiff received requisitions for deck and engine stores from Western Marine Corporation acting on behalf of defendant by letter dated October 10, in which defendant also stated that the Master had been requested to make the necessary requisitions for provisions. Plaintiff had had previous dealings with Western Marine, providing supplies to the vessel Ionian Skipper in August of 1979 and to the Felicia V in September 1979 on instructions from Western Marine. No prices had been quoted prior to delivery but the invoices were paid for these deliveries upon presen tation. It is conceded by defendant that the sup plies were delivered on time, the quantities and quality being satisfactory, the only dispute being with respect to the price.
On October 25, 1980, plaintiff invoiced defend ant Western Marine Corporation an amount of $74,317.60 broken down as follows:
Provision invoice no 1400 amount: $ 21,751.24
invoice no 1403 amount: 1,696.65
Bonded Store invoice no 1401 amount: 1,197.50
Cabin invoice no 1402 amount: 5,716.62
Deck invoice no 1404 amount: 11,838.59
Engine invoice no 1405 amount: 32,084.71
Custom ch invoice no 1407 amount: 32.29
Total: $ 74,317.60
On November 12, 1980, said defendant wrote that it found the prices to be exorbitant. It enclosed what it referred to as "corrected invoices" in which, inked beside plaintiff's detailed prices are the prices which defendant considers proper total ling $46,784.83 which it states it is prepared to pay after the corrections are applied less 5% own er's discount. Plaintiff replied on November 24 saying that it could not understand how defendant judged 80% of its prices to be higher than other suppliers as it had supplied vessels of many other shipowners, charging exactly the same prices with out any complaint. It added that some of defend ant's suggested prices would be below plaintiff's actual cost. It points out the difficulty in compar ing prices since much depends on quality of items such as raincoats or chipping goggles for which it supplies only top quality, and also high pressure, heavy duty, or stainless steel pipes upon requisi tion. Defendant replied to this on December 30, 1980, calling attention to certain items in which the discrepancy between the prices charged and the costs in the United States were extraordinary. The letter concludes that the price of beef rounds can now be considered as having been correctly priced and that in view of the fact that prices in Canada are slightly higher than in the United States the owners will pay another 10% of the amount already paid or about $4,800. This is a settlement offer and not binding but is at least an admission that some of the prices which defendant sets forth for some items in making its calculations were too low.
Plaintiff's representative apparently then met with Captain Charitos of Western Marine Corpo ration in New York, and as a result writes on January 14, 1981, explaining that in plumbing fittings it has a discount of 50% and another 25% resulting from its being direct distributors and that it is therefore prepared to change the prices charged on heavy pipe reducers, pipe bushings and pipe nipples, which were based on the full retail prices so as to allow a discount of 45% which amounts to $1,579.04. Plaintiff makes a further allowance of $300 for items such as Tide, chipping goggles, and other items. As a result it submits a revised claim as follows:
Total amount of order: $ 74,317.60
Less 5% Owner's discount except invoices 1401,
1407 3,654.39
Less your New discount 1,879.04—
Less your advance payment 46,846.32—
Final Balance to be Paid 21,937.85
Plaintiff explains the fact that when proceedings were brought the amount claimed was $28,141.28 resulting from his refusal to now allow the 5% owner's discount, and adding $1,500 for services rendered such as rental of two seaway wires used by defendant vessel at a cost of $670 for which defendant had not previously been billed.
Before going into any evidence as to the accounts it is necessary to dispose of legal argu ments raised by defendant. It was only after the conclusion of the proof by both parties with respect to the agreements and accounts that defendant invoked a legal issue, which it had however pleaded, that plaintiff is not the right party to bring these proceedings having assigned its accounts receivable to the bank. Plaintiff had on September 22, 1978, in the course of its normal
relations with its banker, The Royal Bank of Canada, signed a general assignment of debts in favour of the bank on the standard form of the bank used for these purposes. Clause 2 of the agreement reads in part:
The undersigned agrees that the debts shall be held by the Bank as general and continuing collateral security for the fulfilment of all obligations, present or future, direct or indi rect, absolute or contingent, matured or not, of the undersigned to the Bank.
Clause 3 authorizes the bank to collect, and if necessary sue for such debts and give valid and binding receipts and discharges therefor as if the bank were the absolute owner thereof. Clause 5 specifies however that "All moneys received by the undersigned from the collection of the debts or any of them shall be received in trust for the Bank." During its normal commercial operations plaintiff deposited any receipts from customers with the bank which receipts would reduce any indebted ness to the bank as a result of its line of credit. There is no suggestion that plaintiff was at the time of this indebtedness by defendant to it in financial difficulties or that the bank was not satisfied with the normal commercial relationship. However, when defendant was disputing its account the bank did write a letter to defendant Western Marine Corporation on April 10, 1981, which reads:
Please find enclosed an explanatory letter regarding an invoice of $21,937.85 due our subject customer.
Since we hold a general assignment of debts in this affair, we therefore ask you to take the immediate steps in order to rectify this matter.
This hardly constitutes a demand to pay the amount of the invoice (which in any event is for less than the amount for which the present pro ceedings are taken) to the bank rather than to
plaintiff. The explanatory letter referred to is a typewritten form apparently used by the bank in such instances advising of the general assignment of debts on September 22, 1978, registered in the City of Montreal on August 19, 1979, and continuing:
The Bank is empowered to receipt and fully discharge this claim against you. In pursuance of the said assignment you will therefore please pay to the Royal Bank of Canada, 1870 Notre Dame Street West, Montreal, P.Q. H3J 1M6 Branch the sum of $21,937.85 value received and charge to the account of the above named party plus six months interest at 21% ($2,303.47).
There is no doubt that as a result of it defendant could have paid this amount to the bank if it were willing to and by so doing discharge its debt at least to this extent to plaintiff, but I am not convinced that this prevents plaintiff from bring ing the present action to collect the debt. This is an issue which could properly have been raised by defendant by means of a conditional appearance or even at a later stage of proceedings by the parties by setting forth an issue in law to be decided by the Court. Plaintiff itself could have remedied the situation by seeking an amendment so as to join The Royal Bank of Canada as co-plaintiff. I have no doubt that such an application would have been granted. Paragraph (1) of Rule 1716 [Federal Court Rules, C.R.C., c. 663] reads as follows:
Rule 1716. (1) No action shall be defeated by reason of the misjoinder or nonjoinder of any party; and the Court may in any action determine the issues or questions in dispute so far as they affect the rights and interests of the persons who are parties to the action.
Paragraphs (2), (3) and (4) would permit the Court on its own motion to require the bank to be joined as a co-plaintiff, and the bank would no doubt have had no objection, but unfortunately this would require notification to the bank, an amendment of the statement of claim and other routine procedures and could not conveniently be made at the conclusion of the trial. The present manager of the branch of The Royal Bank of Canada with which plaintiff deals testified that with respect to assigned accounts of this sort in most cases it is the client which collects the
amounts and only exceptionally does the bank itself demand payment. The letter sent in the present case is normally used when the accounts are in arrears. After in this manner it has notified the debtor, as in the present case, debts are nor mally paid to the bank. She distinguishes however the transfer of a debt and the purchase of a debt, pointing out that this was not a debt purchased by the bank from plaintiff. She suggested that by such a letter the bank helps the client in the collection of the amount of the debt. I am left with the general impression that for a client which is not itself in financial difficulty the bank is quite content to have the client collect the account and deposit it in the normal way with the bank, and that the bank would not be anxious itself to insti tute proceedings, especially with respect to a con tested or disputed account in which all the evi dence would have to be made by its client in any event. Defendant referred inter alia to the case of Canadian Terrazzo and Marble Co. Ltd. v. B. Kaplan Construction Co. Ltd. et al.,' but the facts in that case were substantially different. It dealt with the assignment of a specific account of the debtor to the bank and not with a general assign ment. It refers to the assignment as having been an absolute transfer and points out that unless the debtor has been specifically relieved by the bank of the notice of assignment which has been served on it, it can be exposed, if the assignor's action is upheld, to paying the same debt twice over. In that action the bank was joined as a mise-en-cause and the amended declaration required the payment be made jointly to plaintiff and the bank, but the Court found that this did not improve the situation because at the date of the amendment the bank itself had lost any right to sue, its action having become prescribed by passage of time. That is not the case in the present proceedings.
In the case of Robillard c. Vincent 2 the judg ment states at page 205:
[TRANSLATION] ... plaintiff assigned his claim to the Banque Canadienne Nationale as a guarantee for advances made by it.
' [1966] Que. S.C. 505.
2 (1941), 79 Que. S.C. 204.
The debtor is owner of the thing pledged until it is sold or otherwise disposed of. It remains in the hands of the creditor only as a deposit to secure his debt (art. 1972 C. C.).
Sometimes also the transfer only having taken place as a guarantee is really a pledge and does not transfer the ownership of the claim (Planiol et Ripert (1931) v. 7, n. 1107, p. 417).
Plaintiff therefore does have the required interest to bring the present proceedings.
The quotation from Planiol et Ripert [Traité pra- tique de droit civil français] referred to in this judgment continues [at pages 417-418]:
[TRANSLATION] The distinction can be delicate because it is necessary to determine the real intention of the party under terms which perhaps interpret them wrongly and not to weaken them. The judges of fact whose appreciation is paramount take into account various stipulations contained in the act: thus the establishment of a price or at least the extinction of the debt of the transferor permit distinction between a real transfer or a giving in payment and a simple pledge. [Footnotes omitted.]
While some common law jurisprudence was also referred to there are some differences in the law relating to assignments. I prefer to rely -on the jurisprudence in the present case which originates in the Province of Quebec.
I find some support for my views however in the case of O'Dwyer v. Banks in the Appellate Division of the Alberta Supreme Court 3 in which the judg ment states at page 208:
If the situation continued as it existed when the application was launched, I have no doubt there was ample authority to substi tute the assignee as plaintiff, and that this was the proper thing to do. But on the hearing of the application in Chambers, it appeared that since the commencement of the action the bank had cancelled the assignment from the plaintiff in its favour and had reassigned to him all moneys payable under the contract with defendant as well as all other things referred to in the assignment. Moreover, the bank asserts that the action was commenced by the plaintiff, with its knowledge and consent, and it ratifies and confirms all things done or caused to be done by plaintiff in the proceedings. It consents, on terms, to be joined as plaintiff if it is necessary so to do in order to effectively continue the proceedings.
It seems to me no good purpose can be served by substituting the assignee as plaintiff. As matters now stand, the plaintiff has the whole beneficial interest in the subject-matter of the action. The assignee has divested itself of any interest it ever had in the proceedings or in the moneys which may become payable under the contract with the defendant. Of course, the assignee should have been named plaintiff when the action was commenced, but
3 [1953] 2 D.L.R. 204 (Alta. S.C. App. Div.).
no action is now defeated by reason of misjoinder or non-joind- er of parties, and where it appears that the assignee has no longer any interest in the matter, its presence before the Court may properly be dispensed with: see Taylor v. Equitable F. & M. Ins. Co., 13 A.L.R. 58, and Wm Brandt's Sons & Co. v. Dunlop Rubber Co., [1905] A.C. 454. The plaintiff will have the right to continue the action, and if so advised may amend the statement of claim by pleading the re-assignment.
While it is true that in the present case there has been no formal reassignment of the claim by the bank to plaintiff it is evident from the testimony of the manager that the bank has no objection to plaintiff continuing the action so paragraph (1) of our Rule 1716 applies.
To protect defendant from any possibility of double jeopardy I will direct however that any settlement cheque made as a result of the judg ment rendered in the proceedings herein may be made out jointly to plaintiff and to the bank and that such a cheque will represent full satisfaction of the amounts claimed.
I may add that from the practical point of view it is unthinkable that at this late stage of the proceedings the action should be dismissed on a ground which could so readily have been remedied at an earlier stage. The only result defendant could obtain by dismissal of plaintiff's action on the ground of absence of capacity to sue would be with respect to costs. The time spent by the parties and by the Court and the costs incurred on the trial of this action would be wasted only to have The Royal Bank of Canada commence identical pro ceedings requiring repetition of the same proof.
Defendant raised a second legal objection relat ing to burden of proof. Perhaps as many as 600 different items were supplied by plaintiff to defendant vessel and covered by the invoices in question, which plaintiff has produced and testi fied to be accurate and fair. During lengthy dis covery and demands for production of documents plaintiff was only able to produce substantiating invoices from its supplier for about 125 of them and some of these invoices are suspect. Plaintiff s accounting records were not kept in good shape at the time and its accountant was dismissed in about January 1981 because he was six months behind in
his work. Plaintiff's president Simon Tounissidis testified that the other officers of the company are his brother and their respective wives. Although the company has been in business for some years it is a relatively small company. Craig Bishop, direc tor of the Canadian Ship Suppliers Association testified that there are nine members of the Asso ciation in Montreal out of 15 or 20 ship chandlers. Certain conditions have to be fulfilled in order to qualify with respect to trucks for delivery, inven tory, and so forth. Plaintiff never sought member ship in it as far as he knows.
Plaintiff, being a small supplier, according to Mr. Tounissidis' evidence could not keep a very large inventory of supplies and in order to obtain the merchandise requisitioned for a ship, often on very short notice, had to go to wholesalers, dis tributors, or even retailers to obtain same. Often a very small item may require a great number of phone calls to find who has it in stock and then a trip to pick it up. Some items come in various grades and quality which greatly affect the prices. Some small items of pipe fittings, bolts, and so forth may be bought in quantity and kept on hand for several years before a few of them are used to fill the requisition for the ship in question. Invoices for the original purchase would not be retained nor would they be retained for groceries purchased from a retail store, for example. Unless a ship chandler has an extraordinarily good filing system therefore, and keeps on hand tens of thousands of invoices, there is no way that he can produce or be expected to produce an invoice showing what he paid for any given specific item supplied to a ship. It is in the light of this background that the nature of the evidence to be furnished by plaintiff must be considered.
The defendant takes the position that when defendant's account is queried he must be in a position to substantiate each and every item in it, relying heavily for this proposition on an old Brit-
ish case of James v. Radnor County Council. 4 This involved an action by a High Sheriff against the County Council to recover his charges as a returning officer at an election. The Council con tested it as being unreasonable and excessive. Plaintiff called on defendant to deliver particulars of the charges objected to. Defendant had objected to all the charges as unreasonable and the Court held that it was unheard of to order a defendant to give particulars of the items it disputed as it had the right to dispute all of the items and put plaintiff to the proof thereof.
Defendant referred to a number of cases most of which dealt however with spoliation or destruction of documents and held that in this case the pre sumption must be against him who destroyed the evidence which might have corroborated his case. It is going too far however on the facts of the present case to suggest that the purchase invoices of plaintiff were deliberately destroyed, or that it cannot make a valid claim unless it can substanti ate the price it charged defendant for any item by the production of its purchase invoice.
Articles 1203 and 1204 of the Quebec Civil Code read as follows:
Art. 1203. The party who claims the performance of an obligation must prove it.
On the other hand he who alleges facts in avoidance or extinction of the obligation must prove them; subject neverthe less to the special rules declared in this chapter.
Art. 1204. The proof produced must be the best of which the case in its nature is susceptible.
Secondary or inferior proof cannot be received unless it is first shown that the best or primary proof cannot be produced.
While the burden is on plaintiff, as always, to prove its case I do not consider that this requires that for each and every item for which defendant is invoiced, plaintiff must establish what its cost of acquisition was and substantiate this by an invoice, when many such invoices cannot be produced.
4 (1890), 6 T.L.R. 240 (Q.B.D.).
Conversely defendant chose to make its own estimate of what plaintiff should have charged for each and every item and to reduce the claim accordingly, paying only this amount. In support of this it produces estimates of two American ship chandlers one in New Orleans and one in New York for engine requisition list prices in the United States. This is far from the best proof as to what any item should have cost in Canada, since even allowing for the differences in exchange, such items are normally less expensive in the United States where the sales volume is much greater. Defendant called a witness Craig Bishop (already referred to) secretary-treasurer of Clipper Ship Supplies Ltd., another ship chandler, in Montreal, a very fair witness, who testified in generalities with respect to prices on plaintiffs invoice. Defendant suggested, that, given time, this witness could have made a detailed examination item by item of plaintiff's invoices and established the appropriate price for it at the time in question. Quite aside from the difficulty in establishing what is an appropriate price, as Mr. Bishop himself admitted, it is not desirable that this evidence would be that of a competitor of plaintiff, even though he is also, as has been stated, a director of the Canadian Ship Suppliers Association and for merly director of the International Ship Suppliers Association and appears to be a very frank witness.
In any event at an early stage in the proceedings the Court refused to hear evidence attempting to establish an appropriate price to charge for each one of the over 600 items involved, stating that if it was eventually concluded that this was necessary or possible it could be the subject of a reference.
After hearing evidence as to the difficulty of establishing an appropriate price for any given item since the mark-up depends on the nature of the item, the difficulty of obtaining it, whether it is purchased wholesale so that the chandler benefits by a substantial discount, or is purchased in a store at a full retail price, the quality of the item, the quantities involved and other factors, I have
reached the conclusion that even a reference could not lead to any completely accurate result, and would merely waste an enormous amount of time for the referee or the Court, resulting in enormous expenses for all parties and is entirely unjustified by the amount in issue, so that the matter can only be dealt with in a general way on the basis of evidence given with respect to certain items used as examples and the evidence of Mr. Tounissidis, Captain Charitos and especially Mr. Bishop as to the practice of the trade and appropriate mark ups. This is a Court of equity (see section 3 of the Federal Court Act [R.S.C. 1970 (2nd Supp.), c. 10]) and in view of the impossibility of obtaining any fully accurate figures the issue must be dealt with somewhat summarily on an equitable basis. The issue will not be determined on the basis of burden of proof but rather on balance of probabili ty. Subsection 1233(1) of the Quebec Civil Code provides that proof may be made by testimony of all facts concerning commercial matters. This tes timony must be largely relied on in the present case. Defendant quite properly points out that a contract of this sort is not the same as a normal contract of sale since there is no prior agreement as to the price, which must nevertheless be reason able and established on a quantum meruit basis. It is not sufficient therefore for a plaintiff to say "This is my invoice and I swear that all the prices that are in it are proper and reasonable." Neither is it appropriate, however, for defendant to estab lish its own set of figures based in part on informa tion obtained from some United States suppliers, without any evidence as to prices in Canada, and to say that "This is the right price and all I am prepared to pay." Defendant takes the position that in view of the fact that the burden is on plaintiff it was not required to establish proper prices itself, but in order to refute the plaintiff's evidence it was necessary for it to provide evidence to some extent, as was in fact done, within the limits permitted by the Court, with respect to certain specific items used as examples.
I turn now to the necessarily unsatisfactory and incomplete evidence as to price which was submit ted to the Court, and, while it may be said that it is not illegal nor improper for a commercial enter prise to charge excessive prices nor make excessive profits, if it makes a practice of doing so it will eventually be forced out of business by competi tion. On the other hand when there is no prior agreement as to the price, which there cannot be when there is such a wide diversity of items to be obtained and provided for the ship on its arrival, it is at least an implied condition of the contract that the prices charged will be fair and competitive with those charged by other ship chandlers or similar to the prices charged by the ship chandler in question to other customers. Plaintiff does pub lish a price list for the grocery items and produced its list for the months of October and November 1980, claiming that defendant had this list, but Mr. Charitos denied ever having received it. In any event it is not these items which are principally in dispute, plaintiff claiming $21,751.24 for them which defendant reduces to $17,585.54 less 5% or $16,706.26. Plaintiff's invoice for cabin supplies is for $5,716.62 which defendant reduced to $3,609.80 or $3,429.31 after the 5% reduction. For deck supplies the invoice is for $11,838.59 which defendant reduces to $9,997.56 or $9,534.74 after the 5% reduction. It is in the engine room supplies that the biggest discrepancy incurs. Plaintiff's invoice is for $32,084.71 which defendant reduced to $9,057.87 or $8,604.97 after applying the 5% discount. It will be noted that the total of defend ant's figures does not reconcile with the amount of $46,784.83 which defendant paid and contends is the total amount due after the 5% owner's dis count. However these were taken from rough fig ures made by defendant on a copy of plaintiffs invoices and may have been revised slightly upwards in making the said payment. In requisi tioning the supplies by the letter of October 10, 1980, Captain Charitos said:
We expect that your prices are most competitive and the quality of all items supplied first class.
This comment, indicating that the price would be competitive forms part of the contract. If on the one hand plaintiff in a contract of this nature must charge competitive prices, on the other hand defendant cannot somewhat inconclusively deter mine what it should pay and limit its payment to that amount. Although there are many errors in plaintiff's figures and certainly some prices which are totally unacceptable, the defendant's figures are not free from error, and in fact one such error at least has been admitted in connection with the price attributed by defendant for beef rounds in Canada, and this and other considerations con cerning differences between Canadian and Ameri- can prices induced defendant to at least offer an additional $4,800 which offer plaintiff did not accept. It is of interest to note that defendant, if not satisfied with them, had at least accepted without question plaintiff's invoices on two previ ous occasions, and in fact commenced dealing with plaintiff because it considered its prices better than those of its competitors in Montreal including among others, Clipper Ship Supplies Ltd. This does not establish however that plaintiff's prices were right in connection with the present supplies for, as it was pointed out in argument, a ship chandler, or for that matter anyone in a competi tive business, may quote low prices to obtain a new client and then once the connection is established make up for it by charging excessive prices on a subsequent occasion.
[Editor's Note: A number of pages of the judg ment herein have been omitted. In those pages the testimony was reviewed and comments made on the credibility of the witnesses. His Lordship then dealt with the problem of determining an appropri ate base figure upon which a ship chandler's mark up should be applied and noted the similarity of this business to cost plus contracts in the construc tion industry as to the lack of incentive, other than to remain competitive, to seek out the lowest prices from suppliers if the mark-up is to be applied to whatever prices are paid. Since completely accu rate figures could not be obtained, it was necessary to deal in generalities.]
Appraising the evidence as a whole to the best of my ability I believe that judgment should be ren dered in favour of plaintiff for $12,000.
The only matter remaining to be resolved is the question of interest. In its action plaintiff claimed interest at the rate of 18% on invoice value from the time of delivery on the invoice of $74,987.60 until January 1981 when payment of $46,846.32 was made and on the balance to the date of institution of the proceedings on July 6, 1981, including this interest calculated to amount to $6,076.50 in its claim. Plaintiff's invoices contain no special provisions respecting interest and indi cate that the sales are made on cash terms. Evi dence however indicated that it is not unusual for payment to be delayed for some three months and plaintiff would have been satisfied had defendant paid the amount of its invoice in full in January when it made the part payment without interest. During the argument plaintiff's counsel indicated that it would be satisfied if interest ran on the amount awarded from the date of this initial pay ment. It was also stated at that time that there was agreement that the prime rate in 1981 was 19% and in 1982, 15%. In the bank's notice of assign ment given to defendant in April 1981 six months' interest at 21% was claimed amounting to $3,303.47. If payment had been made in full to plaintiff, including the amount now allowed by the judgment, in December of 1980 when the part payment was made it would have been deposited by plaintiff in reduction of its indebtedness to the bank pursuant to its general assignment of accounts receivable and hence reduce whatever interest plaintiff would have been paying to the bank from that date. There is a strong equitable case therefore for the payment of interest in excess of the unrealistic rate, in the light of current conditions of 5% provided by the Interest Act.' The same argument would apply however to any action on an unpaid account. Reference was made to jurisprudence established in admiralty matters in the case of Bell Telephone Co. v. The "Mar- Tirenno" et al. 6 which has been applied in subse quent judgments of this Court. In that case Addy J. states at page 311:
5 R.S.C. 1970, c. I-18, s. 3.
6 [1974] 1 F.C. 294 (T.D.).
It is clear that this Court, under its admiralty jurisdiction, has the right to award interest as an integral part of the damages suffered by the plaintiff regardless of whether the damages arose ex contractu or ex delicto.
Although the words "ex contractu" are used the statement also refers to "an integral part of the damages suffered". The action related to damage to a telephone cable caused by a ship. At page 312 the judgment states:
... interest in these cases is not awarded to the plaintiff as punitive damages against the defendant but as part and parcel of that portion for which the defendant is responsible of the initial damage suffered by the harmed party and it constitutes a full application of the principle of restitutio in integrum.
Interest was allowed at the prime bank rate as part of the damages. Although the Federal Court has jurisdiction for these proceedings, being an admi ralty matter, they represent an action for account and not for damages and failure to pay the full amount of an account cannot be assimilated to damages or constitute a tort justifying the pay ment of commercial rate interest from the time at which expenditures were incurred to repair the damages. I do not think that this jurisprudence can extend this far in contravention of the Interest Act, and in the absence of some agreement between the parties as to interest payable on unpaid invoices.
In the present case however the sum of $35,000 was deposited in Court payable to the Receiver General of Canada on July 9, 1981, as security for satisfaction of the judgment. It is not going too far to suggest that this sum will belong to plaintiff to the amount of the judgment with accrued interest on that amount earned by the said sum from the time of its deposit.
There is documentary evidence establishing that although the pleadings refer to the initial payment as having been made in January 1981, a bank draft for $46,846.32 was telexed to plaintiff in December and a cheque issued in its favour in payment on December 18, 1980.
Plaintiff is entitled to interest on the amount of $12,000 from December 18, 1980 to July 9, 1981, and to whatever interest will have accrued on $12,000 deposited as security from that date to date of payment.
 You are being directed to the most recent version of the statute which may not be the version considered at the time of the judgment.