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" All the partners are entitled to share equally in the capital and profits of the business, and must contribute equally towards the losses, whether of capital or otherwise, sustained by the firm. "
A Digest of the Law of Partnership: Incorporating the Partnership Act, 1890 - Side 73
av Frederick Pollock - 1895 - 186 sider
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A Treatise on the Law of Partnership

Walter Adams Shumaker - 1905 - 392 sider
...INDEMNITY. 89. Every partner is entitled to be indemnified in account with the firm for payments and liabilities incurred by him — (a) In the ordinary and proper conduct of the business of the firm. (b) In or about anything done for the preservation of the business or property of the firm.32 In General....
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Annual Report of the American Bar Association: Including ..., Volum 30,Del 2

American Bar Association - 1906 - 474 sider
...entitled to share equally in the capital and profits of the business, and must contribute equally toward the losses whether of capital or otherwise sustained...and proper conduct of the business of the firm ; or (6.) In or about anything necessarily done for the preservation of the business or property of the...
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Auditors: Their Duties and Responsibilities, Volum 1

Francis William Pixley - 1906 - 578 sider
...to the contrary Partners are liable to share losses equally. — Saffery \. Mayer, [1901] 1 KB 11. (2.) The firm must indemnify every Partner in respect...and proper conduct of the business of the firm ; or, (b.) In or about anything necessarily done for the preservation of the business or property of the...
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Encyclopaedia of the laws of England: with forms and precedents by the most ...

Alexander Wood Renton, Maxwell Alexander Robertson - 1908 - 698 sider
...can be drawn, all partners are entitled to share equally in the capital and profits of the business, and must contribute equally towards the losses, whether of capital or otherwise, sustained by the firm (Part. Act, 1890, s. 24 (1); Peacock v. Peacock, 1808, 16 Ves. Jun. 49; 33 ER 902; 10 RR 138; Copland...
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Accounting and Banking

Alfred Nixon, J. H. Stagg - 1907 - 498 sider
...absence of an agreement modifying them. 1. All the partners are entitled to share equally in the business and must contribute equally towards the losses, whether...and proper conduct of the business of the firm ; or (b) In or about anything necessarily done for the preservation of the business or property of the firm....
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Auditing: A Practical Manual for Auditors

Lawrence Robert Dicksee - 1907 - 936 sider
...(1) All the partners are entitled to share equally in the capital and profits of the business, artd must contribute equally towards the losses, whether...and proper conduct of the business of the firm ; or, (4) In or about anything necessarily done for the preservation of the business or property of the firm....
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The Ordinances of the North-west Territories: Being an Official ...

Northwest Territories, Alberta. Department of the Attorney General - 1907 - 1500 sider
...rules: 1 . All the partners are entitled to share equally in the capital and profits of the business, and must contribute equally towards the losses, whether...liabilities incurred by him (a) In the ordinary and projxr conduct of the business of the firm; or, (6) In or about anything necessarily done for the preservation...
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Accounting and Banking

Alfred Nixon, J. H. Stagg - 1907 - 498 sider
...absence of an agreement modifying them. 1. All the partners are entitled to share equally in the business and must contribute equally towards the losses, whether...payments made and personal liabilities incurred by him — («) In the ordinary and proper conduct of the business of the firm ; or (b) In or about anything...
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The General Ordinances of the North-west Territories in Force Sepember 1 ...

Northwest Territories - 1907 - 1578 sider
...towards the losses whether of capital or otherwise susrained by the firm ; 2. The firm nm-t indemnify wry partner in respect of payments made and personal liabilities...incurred by him: (a) In the ordinary and proper conduct <>f the bushiest uf the firm ; or (b) In or about anything ncce^arily done for the preservation of...
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Commercial Law

Alfred Nixon - 1907 - 336 sider
...share equally in the capital and profits of the business, and must contribute equally to all losses sustained by the firm. 2. The firm must indemnify...partner in respect of payments made, and personal liability incurred by him in the partnership business, or necessary to preserve the business and property...
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