 | Scott Rowley - Joint ventures - 1916 - 968 pages
...270, 39 Am. Dec. 376. "A partnership is a contract, express or implied, between two or more competent persons to place their money, effects, labor and skill, or some or all of them, in business, and to divide the profits and bear the losses in certain proportion." Kent v. Cobb, 24 Colo.... | |
 | John R. Cox - Admission to the bar - 1916 - 614 pages
...? It is the relation existing between persons who have agreed to combine their property, labor, or skill, or some or all of them, in lawful commerce or business, to share the profits between them. George, pp. 2-8. 2. Who may be partners? All persons capable of... | |
 | William Payson Richardson - Commercial law - 1917 - 396 pages
...sell an article. PARTNERSHIP: The relationship resulting from an agreement between two or more persona to place their money, effects, labor, and skill, or some or all of them, in some enterprise or business, and divide the profits and bear the losses in certain proportions. PAWN:... | |
 | Law reports, digests, etc - 1917 - 1220 pages
...210; Morgan v. Child, 47 Utah, 417, 155 Рас. 451. It would seem that two individuals may contract to place their money, effects, labor, and skill, or some or all of them, In a lawful concern or business and to divide the profits and bear the loss In certain proportion which... | |
 | Law reports, digests, etc - 1919 - 1016 pages
...accurate and comprehensive is that of Chancellor Kent, as follows: 'A contract of two or more competent persons to place their money, effects, labor, and...all of them, in lawful commerce or business, and to divido the profit and. bear the loss in certain proportions.' " Binswanger & Co. insist that they were... | |
 | 1919 - 1812 pages
...payment of the debts they may contract. A partnership is an association of two or more persons, uniting 'their money, effects, labor, and skill, or some or all of them, in lawful commerce or business,' the profits to be divided, or the losses borne, in the proportions which may be agreed on by the partners.... | |
 | Law reports, digests, etc - 1919 - 1120 pages
...accurate and comprehensive is that of Chancellor Kent, as follows: 'A contract of two or more competent persons to place their money, effects, labor, and skill, or some or all of thorn, in lawfyl commerce or business, and to divide the profit and bear the loss in certain proportions.'... | |
 | James Oscar McKinsey - Accounting - 1920 - 520 pages
...but the following one by Chancellor Kent is quite descriptive : "A contract of two or more competent persons to place their money, effects, labor, and skill, or some or all of them, in lawful commerce and business, and to divide the profits and bear the losses in certain proportions." It is necessary... | |
 | John Harold Sears - Taxation - 1922 - 732 pages
...attributes A partnership has been denned as follows: "A voluntary contract between two or more competent persons to place their money, effects, labor, and...some or all of them, in lawful commerce or business, with the understanding that there shall be a proportional sharing of the profits and losses between... | |
 | Law - 1895 - 568 pages
...called 'copartnership,' is usually defined to be a voluntary contract between two or more competent persons to place their money, effects, labor, and...some or all of them, in lawful commerce or business, with the understanding that there shall be a communion of the profits thereof between them." Story,... | |
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A voluntary contract between two or more competent persons, to place their money, effects, labor and skill, or some or all of them, in lawful commerce or business, with the understanding that there shall be a communion of the profits thereof between them. 
