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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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The Revised Statutes of Alberta, 1922, Volum 3

Alberta - 1922 - 1018 sider
...rules: (a) 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; (&) The firm must indemnify every partner in respect of payment made and personal liabilities incurred...
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Acts and Resolves Passed by the General Court of Massachusetts

Massachusetts - 1922 - 1076 sider
...otherwise, sustained by the partnership according to his share in the profits. (6) The partnership must indemnify every partner in respect of payments made and personal liabilities reasonably inRules determining rights and duties of partners. Partnership books. Duty of partners to...
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The Principles of the Law of Contracts and Torts: With a Short Outline of ...

Alured Nathaniel Myddelton Wilshere, John Indermaur, Alured Myddelton Wilshere - 1922 - 742 sider
...entitled to share equally in the capital and profits, and must contribute equally towards the losses. The firm must indemnify every partner in respect of payments made and liabilities incurred by him in the ordinary and proper conduct of the firm's business or in anything...
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Pollard's Supplement to the Code of Virginia, 1922: Containing All Statutes ...

Virginia - 1922 - 1356 sider
...otherwise, sustained by the partnership according to his share in the profits. (b) The partnership must indemnify every partner in respect of payments made and personal liabilities reasonably incurred by him in the ordinary and proper conduct of its business, or for the preservation...
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The Revised Statutes of Nova Scotia, 1923, Volum 2

Nova Scotia - 1923 - 1384 sider
...— (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...payments made and personal liabilities incurred by him(a) in the ordinary and proper conduct of the business of the firm; or (b) in or about anything...
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Cases on Commercial Law: General Survey, Contracts, Agency, Bailments, Sales ...

Alfred William Bays - 1923 - 1612 sider
...otherwise, sustained by the partnership according to his share in the profits. (b) The partnership must indemnify every partner in respect of payments made and personal liabilities reasonably incurred by him in the ordinary and proper conduct of its business, or for the preservation...
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Auditing: A Practical Manual for Auditors

Lawrence Robert Dicksee - 1924 - 1048 sider
...— (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...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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Pitman's Business Man's Guide: A Handbook for All Engaged in Business

John Arthur Slater - 1924 - 640 sider
...— (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...and proper conduct of the business of the firm ; or (&) In or about anything necessarily done for the preservation of the business or property of the firm....
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Accounting

Lionel Cuthbert Cropper - 1924 - 1188 sider
...:•— (1) AH the partners are entitled to share equally in the capital and profits of the business, and must contribute equally towards the losses, whether...The firm must indemnify every partner in respect of payment* made and personal liabilities incurred by him (a) in the ordinary and proper conduct of the...
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The Public General Statutes: With a List of the Local and Private ..., Volum 27

Great Britain - 1890 - 750 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...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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