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Excerpt from A Treatise on the Law of Companies, Considered as a Branch of the Law of Partnership, Vol. 2 Tun reasons for which, before the Partnership Act, 1890, came into operation, an ordinary partnership was held to be dissolved by the death, lunacy or bankruptcy of any one of its members, or by a transfer of his interest, or by his determination to retire, had no application to companies the shares in which are transferable, and the management of the concerns of which is entrusted by all the shareholders to directors. Nor was there any authority to the effect that companies with transferable shares were or could be dissolved by, or on the happening of, those events which were suficient to dissolve, or induce the Court to dissolve, an ordinary partnership. The death, bankruptcy or retirement of a shareholder dissolved his connection with the company (a), but did not dissolve the bond by which the remaining shareholders were held to each other (b). Some of the reasons which were sufficient to induce the Court to dissolve a partnership were, however, quite as applicable to companies as to ordinary firms, e.g., the impossibility of going on as contemplated (c). About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Excerpt from A Treatise of the Law of Companies, Considered as a Branch of the Law of Partnership, Vol. 1 The present volumes are the Sixth Edition of a portion of the author's former Treatise on the Law of Partnership, including its application to Companies. When that Treatise was first published, viz., in 1860, the Law of Companies was being developed by legisla tive enactment and judicial decision out of the Law of Partnership; and it appeared to the author desirable to trace that development, and to endeavour in one treatise to investigate the Law of Partnership and to determine the extent to which its principles were applicable to Companies. But since that time the Law of Companies has so developed as to require separate treatment; consequently, in 1888, the author divided the former treatise into two parts, each of which was intended to be complete without the other, viz., the Law of Partnership proper, and the Law of Companies, in so far as it has any connection with the former. These volumes, like their immediate pre decessor, are devoted to the second of these parts, viz., the Law of Companies considered as a branch of the Law of Partnership. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Excerpt from A Treatise on the Law of Partnership, Including Its Application to Companies, Vol. 2 of 2 According to the construction placed upon the statute of Alabama, allowing partners to be sued severally, it does not authorize a demand due by the firm to be set off against a separate debt due to one of the partners. Hoyt v. Mur phy, 18 Ala. 316. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Excerpt from A Treatise on the Law of Partnership, Vol. 2 The author's thanks are due to Mr. W. C. Crull and Mr. W. B. Lindley, for their assistance in revising the sheets, and to the former gentleman also for his aid in preparing materials, in examining American and Irish reports and authorities on doubtful points. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Excerpt from A Treatise on the Law of Partnership, Vol. 1 of 2: Including Its Application to Companies The present work is the result of an attempt to investigate the Law of Partnership, and to determine the extent to which its principles are applicable to Companies. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Excerpt from A Treatise on the Law of Partnership, Vol. 2: From the 5th English Edition IN partnerships, the good faith of the partners is Bk. III. Pledged mutually to each other that the business shall Chap. 1. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Excerpt from A Treatise on the Law of Partnership, Vol. 2 of 2 The mutual rights and obligations of partners having been examined, it is proposed in the next place to consider the means by which those rights and obligations can be eu forced. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Excerpt from A Treatise on the Law of Partnership, Vol. 1: From the Fifth English Edition The present volume is the Fifth Edition of a portion of the author's former Treatise on the Law of Partnership, including its application to Companies. When that Treatise was first pub lished, viz., in 1860, the Law of Companies was being developed by legislative enactment and judicial decision out of the Law of Partnership and it appeared to the author desirable to trace that development, and to endeavour in one treatise to investigate the Law of Partnership and to determine the extent to which its prin ciples were applicable to Companies. But in the course of the last quarter of a century Company Law has been developed to such an extent as to justify, if not to require, separate treatment; and With a view to convenience and expense, advantage has been taken of the opportunity afforded by the demand for a Fifth Edition, to divide the former treatise into two parts, each of which shall be complete Without the other, viz., the Law of Partnership proper, and the Law of Companies, in so far as it has any connection with the former. This volume is devoted to the first of these parts, viz., the Law of Partnership proper. The volume relating to Com penies is in course of preparation and will be published shortly. In arrangement, the order of treatment previously adopted has been retained with the exceptions, that the causes of dissolution, the right to retire, and the right to expel, have been transferred to the Chapter on Dissolution in Book IV. This modification will, it is hoped, be considered' an improvement. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.