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Selected Cases on the Law of Partnership, Including: Limited Partnerships ...
Francis M. Burdick
No preview available - 2015
Selected Cases on the Law of Partnership: Including Limited Partnerships
Francis Marion Burdick
No preview available - 2015
accommodation bills action affirmed agreed agreement alleged amount appear appellant applied assignment authority Bank bankruptcy Beatson bill capital carried claim co-partners co-partnership contract court Court of Chancery court of equity debtor deceased partner deed defendant dissolution effect entitled equity estopped estoppel evidence execution fact firm creditors firm debts firm name firm property held individual creditors indorsed insolvent intention interest J. B. Goss joint creditors joint estate judgment jury Leroy Moore levied liable lien limited partnership Lord Lord Eldon ment mortgage nership notice old firm opinion paid parties Partn partnership assets partnership business partnership creditors partnership debts partnership property payment plaintiff plaintiffs in error principle profits promissory note purchase purpose question real estate received rule sell separate creditors separate estate share ship sold special partner statute surviving partner thereof third persons tion trade transaction trustee William
Page 16 - ... not being itself partnership property, are partners as to profits made by the use of that land or estate, and purchase other land or estate out of the profits, to be used in like manner, the land or estate so purchased belongs to them in the absence of an agreement to the contrary, not as partners, but as co-owners, for the same respective estates and interests as are held by them in the land or estate first mentioned at the date of the purchase.
Page 675 - ... partners, in the nature of the business, or in the capital or shares thereof, or in any other matter specified in the original certificate, shall be deemed a dissolution of the partnership ; and every such partnership, which shall in any manner be carried on after any such alteration shall have been made, shall be deemed a general partnership, unless renewed as a special partnership, according to the provisions of the last section.
Page 625 - The business of the partnership shall be conducted under a firm, in which the names of the general partners only shall be inserted, without the addition of the word "company...
Page 445 - ... and the sum so appropriated to the separate estate of each partner shall be applied to the payment of his separate debts...
Page 606 - And by section 10 it is provided that every alteration which shall be made in the names of the partners, in the nature of the business, or in the capital or shares thereof, or in any other matter specified in the original certificate, shall be deemed a dissolution of the partnership; and every such partnership, which shall in any manner be carried on after...
Page 612 - In case of the insolvency or bankruptcy of the partnership, no special partner shall, under any circumstances, be allowed to claim, as a creditor, until the claims of all the other creditors of the partnership shall be satisfied.
Page 577 - ... to be used and employed in common between them for the support and management of the said business, to their mutual benefit and advantage. And it is agreed by and between the parties to these presents, that at all times during the continuance of their copartnership, they and each of them will give their attendance, and do their and each of their best endeavors, and to the utmost of their skill and power exert themselves for...
Page 26 - Partnership is the association of two or more persons, for the purpose of carrying on business together, and dividing its profits between them.
Page 9 - ... any interest in or concerning them, or upon any agreement that is not to be performed within the space of one year from the making thereof, unless the agreement upon which such action shall be brought, or some memorandum or note thereof, shall be in writing and signed by the party to be charged therewith...