 | William Selwyn - 1812 - 732 halaman
...made liable to losses, if losses arise; upon the principle, that by taking a part of the profits, he takes from the creditors a part of that fund which is the proper security to them for the payment of their debts. A. and B. ship-agents at different portsc, entered into an agreement to share,... | |
 | Samuel Comyn - 1824 - 680 halaman
...made liable to losses, if losses arise, upon the principle that by taking a part of the profits, he takes from the creditors a part of that fund which is the proper security to them for the payment of their debts. That was the foundation of the decision in Grace v. Smith, and I think it stands... | |
 | Niel Gow - 1825 - 520 halaman
...why such a person becomes, by implication and operation of law, clothed with the character of partner is, that by the effect of the agreement for a participation,...their debts, and upon which they rely for payment (a). Another reason assigned for subjecting a dormant partner to responsibility is, that if he were... | |
 | Niel Gow - 1825 - 516 halaman
...why such a person becomes, by implication and operation of law, clothed with the character of partner is, that by the effect of the agreement for a participation,...takes from the creditors a part of that fund which (a) Metoulf i . Royal Exch. Ass. Company, Barnard, 343. Once v. Smith, 2 Blacks. 998. Ex parts Hamper,... | |
 | William Grimshaw - 1831 - 354 halaman
...made liable to losses, if losses arise ; upon the principle, that by taking a part of the profits, he takes from the creditors a part of that fund which is the proper security to them for the payment of their debts. — 16 Johns. Rep. 34. A. and B. ship-agents at different ports, entered into... | |
 | Thomas Edlyne Tomlins - 1835 - 862 halaman
...such a person becomes, by implication and operation of law, clothed with the character of partner, is, that by the effect of the agreement for a participation,...their debts, and upon which they rely for payment. Per De Grey, 2 El. 998. Another reason assigned for subjecting a dormant partner to responsibility... | |
 | Jacob D. Wheeler - 1836 - 644 halaman
...operation of law be made liable to losses; upon the principle, that by taking part of the profits, he takes from the creditors a part of that fund, which is the security for the payment of their debts. 11. TAYLOR v. TERME, ET AL. May T. 1816, 3 Har. & Johns. Md.... | |
 | Samuel Vallis Bone - 1839 - 398 halaman
...with the character of partner, is expressed by DE GREY CJ in Grace v. Smith, that by the effect of an agreement for a participation, the party participant...their debts, and upon which they rely for payment. LORD MANSFIELD gave another reason in Hoare v. Dawes, 1 Doug. 371., that if the dormant partner were... | |
 | Arkansas. Supreme Court - 1841 - 662 halaman
...be made liable to losses if losses arise upon the principle that by taking a part of the profits he takes from the creditors a part of that fund which is the proper security to them for the payment of their debts." See also Ross vs. Drinker, 2 Hall, 415; Champion vs. Bostwick, 18 Wend. 175;... | |
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Smith, he who takes a moiety of all the profits indefinitely shall, by operation of law, be made liable to losses, if losses arise, upon the principle that, by taking a part of the profits, he takes from the creditors a part of that fund which is the... 
