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" A contract of two or more competent persons, to place their money, effects, labor and skill, or some or all of them, in lawful commerce or business, and to divide the profit and bear the loss in certain proportions. "
The Modern Law of Partnership: Including a Full Consideration of Joint ... - Side 19
av Scott Rowley - 1916 - 1706 sider
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volum 59

New Jersey. Court of Chancery - 1901 - 726 sider
...Justice Depue, in Wild v. Davenport, 19 Vr. 130, is usually defined to be "a voluntary contract between competent persons to place their money, effects, labor...some or all of them in lawful commerce or business, upon the understanding that there shall be a communion of the profits thereof between them." In the...
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Commentaries on American Law, Volum 3

James Kent - 1832 - 536 sider
...partnerships. Partnership is a contract of two or more persons, to place their money, effects, labour and skill, or some, or all of them, in lawful commerce or business, and to divide the profit, and bear the loss, in certain proportions." The two leading principles of the contract are,...
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Reports of Cases Adjudged in the Supreme Court of Pennsylvania, in the ...

Pennsylvania. Supreme Court, Thomas Isaac Wharton - 1836 - 580 sider
...contracted. Partnership is a contract of two or more persons to place their money, effects, labour, and skill, or some, or all of them, ' in lawful commerce or business, and to divide the profits, and to bear the loss, in certain proportions. It is not the actual perception j of profits, that constitutes...
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A Treatise on the Law Relating to the Powers and Duties of Justices of the ...

Joseph Rockwell Swan - 1837 - 614 sider
...AGAINST PARTNERS. SEC. I. WHAT CONSTITUTES A PARTNERSHIP. Partnership is a contract of two or more persons, to place their money, effects, labor, and skill, or some or all of these, in a lawful business, and to divide the profits and bear the loss, either equally, or in certain...
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Reports of Cases Argued and Determined in the Supreme Court of the ..., Volum 2

Arkansas. Supreme Court - 1841 - 662 sider
...other proportion-" Partnership is defined by Kent, 3d vol. Com. 23, 24, to be a contract of two or more persons to place their money, effects, labor, and...in lawful commerce or business, and to divide the profit and bear the loss in certain proportions. The two leading principles of the contract are a common...
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A Treatise on the Civil Jurisdiction of Justices of the Peace in the State ...

Esek Cowen - 1841 - 590 sider
...Persons are deemed partners by the law, where they go shares in the profits of any trade, or where they place their money, effects, labor and skill, or some, or all of them, in lawful commerce or business, under an agreement to divide the profit, and bear the loss in certain proportions, whether they are...
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Commentaries on the Law of Partnership: As a Branch of Commercial and ...

Joseph Story - 1846 - 796 sider
...^ 2. Partnership, often called copartnership, is usually defined to be a voluntary contract between two or more competent persons to place their money,...some or all of them, in lawful commerce or business, with the understanding, that there shall be a communion of the profits thereof between them.2 PufTendorf...
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A New Abridgment of the Law with Large Additions and Corrections, Volum 6

Matthew Bacon, Sir Henry Gwilliam, Charles Edward Dodd - 1846 - 890 sider
...be a voluntary contract between two or more competent persons to place their money, effects, labour, and skill, or some, or all of them, in lawful commerce or business, with the understanding that there shall be a communion of the profits thereof between them. Story on...
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The Equitable Jurisdiction of the Court of Chancery: Comprising Its ..., Volum 1

George Spence - 1846 - 708 sider
...a voluntary contract between two or more competent persons to employ their money, effects, labor or skill. or some or all of them, in lawful commerce or business, with the under(o) Dis. iv. 3. 36. part of the lawes of this realm for the »d(6) "Fraus non est fallere...
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Reports of Cases Argued and Determined in the Supreme Court of Alabama, Volum 94

Alabama. Supreme Court - 1893 - 776 sider
...none of them will be found more precisely and comprehensively accurate than that of Chancellor Kent : "A contract of two or more competent persons to place...in lawful commerce or business, and to divide the profit and bear the loss in certain proportions.1" — 3 Kent's. Com. 23. To constitute the relation...
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