Elements of the Law of PartnershipCallaghan, 1920 - 501 pagini |
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Pagina xiv
... OBLIGATIONS Partnership obligations when arising on contract are joint .. Judgment against one partner releases others ... Release of one releases all ...... Partnership obligations arising from tort are joint and several ... II . OF ...
... OBLIGATIONS Partnership obligations when arising on contract are joint .. Judgment against one partner releases others ... Release of one releases all ...... Partnership obligations arising from tort are joint and several ... II . OF ...
Pagina xvii
... continues for the purpose of closing up the business . No authority to create new obligations .. Authority of settling or liquidating partner . 423 , 424 425 426 [ REFERENCES ARE TO SECTIONS ] CHAPTER XVIII . OF xvii TABLE OF CONTENTS.
... continues for the purpose of closing up the business . No authority to create new obligations .. Authority of settling or liquidating partner . 423 , 424 425 426 [ REFERENCES ARE TO SECTIONS ] CHAPTER XVIII . OF xvii TABLE OF CONTENTS.
Pagina 11
... obligations distinct from those of its members . Hence , in keeping partnership accounts , the firm is made debtor to each partner for what he brings into the But see People v . Coleman ( 1892 ) , 133 N. Y. 279 , 31 N. E. 96 , 16 ...
... obligations distinct from those of its members . Hence , in keeping partnership accounts , the firm is made debtor to each partner for what he brings into the But see People v . Coleman ( 1892 ) , 133 N. Y. 279 , 31 N. E. 96 , 16 ...
Pagina 45
... obligation to a third person without also repudiating the part- nership relation itself seems to be disputed . It is held that he may do so , in Mehlhop v . Rae ( 1894 ) , 90 Iowa 30 , 57 N. W. 650. Miller v . Sims ( 1834 ) , 2 Hill ...
... obligation to a third person without also repudiating the part- nership relation itself seems to be disputed . It is held that he may do so , in Mehlhop v . Rae ( 1894 ) , 90 Iowa 30 , 57 N. W. 650. Miller v . Sims ( 1834 ) , 2 Hill ...
Pagina 49
... obligations due it : French v . Donohue ( 1882 ) , 29 Minn . 111 , 12 N. W. 354 ; Wilson v . Carter Oil Co. , supra . may also enter into partnership with one or more individuals WHO MAY BE PARTNERS [ §§ 53 , 54 Corporations as partners ...
... obligations due it : French v . Donohue ( 1882 ) , 29 Minn . 111 , 12 N. W. 354 ; Wilson v . Carter Oil Co. , supra . may also enter into partnership with one or more individuals WHO MAY BE PARTNERS [ §§ 53 , 54 Corporations as partners ...
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Termeni și expresii frecvente
action at law agent agreed arise assets Bank bind the firm Burd capital Central Trust Co chem's Cas claim common law Conn consent contract contribution copartner corporation court court of equity creditors dissolution enforce entitled equity erty estoppel existence fact firm name firm property funds Gilm good-will Greenop held implied authority individual intention interest Iowa joint land legal title liability Lindley on Partnership loss Mass matters Mechem's Cas ment Minn N. J. Eq ners nership ness notice obligation Ohio St old firm ordinarily parties Partn partner partnership affairs partnership articles partnership business partnership property payment plaintiff purchase purpose question relation rule sell share profits ship Smith statute statute of frauds supra third persons tion tort trade Uniform Partnership Act unless usually
Pasaje populare
Pagina 418 - In any case not provided for in this act, the rules of law and equity, including the law merchant...
Pagina 423 - When partnership property is attached for a partnership debt the partners, or any of them, or the representatives of a deceased partner, cannot claim any right under the homestead or exemption laws.
Pagina 72 - The receipt by a person of a share of the profits of a business is prima facie evidence that he is a partner in the business, but no such inference shall be drawn if such profits were received in payment: a.
Pagina 422 - Every partner must account to the partnership for any benefit, and hold as trustee for it any profits derived by him without the consent of the other partners from any transaction connected with the formation, conduct, or liquidation of the partnership or from any use by him of its property.
Pagina 429 - Where a partner has become bankrupt or his estate is insolvent the claims against his separate property shall rank in the following order : (I) Those owing to separate creditors, (II) Those owing to partnership creditors, (III) Those owing to partners by way of contribution.
Pagina 114 - to be the advantage or benefit which is acquired by an establishment beyond the mere value of the capital, stock, funds, or property employed therein, in consequence of the general public patronage and encouragement which it receives from constant or habitual customers, on account of its local position, or common celebrity, or reputation for skill or affluence, or punctuality, or from other accidental circumstances, or necessities, or even from ancient partialities or prejudices.
Pagina 356 - In the event of one or more but not all of the members of a partnership being adjudged bankrupt, the partnership property shall not be administered in bankruptcy, unless by consent of the partner or partners not adjudged bankrupt ; but such partner or partners not adjudged bankrupt shall settle the partnership business as expeditiously as its nature will permit, and account for the interest of the partner or partners adjudged bankrupt.
Pagina 418 - A partnership is an association of two or more persons to carry on as co-owners a business for profit.
Pagina 422 - No partner is entitled to remuneration for acting in the partnership business, except that a surviving partner is entitled to reasonable compensation for his services in winding up the partnership affairs. (g) No person can become a member of a partnership without the consent of all the partners.
Pagina 431 - The right to an account of his interest shall accrue to any partner, or his legal representative, as against the winding up partners or the surviving partners or the person or partnership continuing the business, at the date of dissolution, in the absence of any agreement to the contrary.