| William Selwyn - 1812 - 732 páginas
...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 páginas
...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... | |
| William Grimshaw - 1831 - 354 páginas
...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 páginas
...transactions arising out of the trade or particular adventure, in the profits of which he is to participate. | } Per De Grey, 2 El. 998. Another reason assigned for subjecting a dormant partner to responsibility... | |
| Pennsylvania. Supreme Court, Thomas Isaac Wharton - 1836 - 580 páginas
...although there may have been fraud in the contract of partnership. He is liable, because he actually takes from the creditors a part of that fund, which is the proper security to them for satisfaction of the debts, and on which they rely for payment. But where there is such a fraud as to... | |
| Jacob D. Wheeler - 1836 - 644 páginas
...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 páginas
...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 páginas
...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;... | |
| John William Smith - 1841 - 744 páginas
...community ; for, to use the language of the LCJ in the principal case, by taking 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 Cheap \. Cramond, 4 B. & A. 663; Exp. JfTieeler, Buck, 48 ; Hoare v. Dawes,... | |
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