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" ... two or more competent persons, to place their money, effects, labor and skill, or some or all of them, in lawful commerce or business, and to divide the profit and bear the loss in certain proportions. "
Wells' Every Man His Own Lawyer, and Business Form Book: A Complete Guide in ... - Page 244
by John Gaylord Wells - 1871 - 632 pages
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 59

New Jersey. Court of Chancery - Law reports, digests, etc - 1901 - 726 pages
...Davenport, 19 Vr. 130, is usually defined to be "a voluntary contract between competent persons to place their money, effects, labor and skill or some or all of them in lawful commerce or business, upon the understanding that there shall be a communion of the profits...
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Reports of Cases Argued and Determined in the Supreme Court of the ..., Volume 2

Arkansas. Supreme Court - Law reports, digests, etc - 1841 - 662 pages
...Partnership is defined by Kent, 3d vol. Com. 23, 24, to be a contract of two or more persons to place their money, effects, labor, and skill, or some or all of them in lawful commerce or business, and to divide the profit and bear the loss in certain proportions....
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A Treatise on the Civil Jurisdiction of Justices of the Peace in the State ...

Esek Cowen - Justices of the peace - 1841 - 590 pages
...are deemed partners by the law, where they go shares in the profits of any trade, or where they place their money, effects, labor and skill, or some, or all of them, in lawful commerce or business, under an agreement to divide the profit, and bear the loss in certain...
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Commentaries on the Law of Partnership: As a Branch of Commercial and ...

Joseph Story - Partnership - 1846 - 796 pages
...copartnership, is usually defined to be 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...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 94

Alabama. Supreme Court - Law reports, digests, etc - 1893 - 776 pages
...comprehensively accurate than that of Chancellor Kent : "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 or business, and to divide the profit and bear the loss in certain proportions.1"...
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The Elements of Law: Being a Comprehensive Summary of American ..., Volume 654

Francis Hilliard - Law - 1848 - 480 pages
...I. Nature and requisites of partnership. PARTNERSHIP is a contract of two or more persons, to place their money, effects, labor, and skill, or some or all of them, in lawful commerce and business, and to divide the profit and bear the loss in certain proportions....
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A New Law Dictionary and Glossary: Containing Full Definitions of ..., Part 2

Alexander Mansfield Burrill - Law - 1851 - 570 pages
...COPARTNERj SHIP. [Lat. tocietas ; Fr. socielie.] A I contract of two or more competent persons, 1 to place their money, effects, labor and skill, or some or all of them, in lawful commerce or business, and to divide the profit and bear the loss in certain proportions,...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 73

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1890 - 784 pages
...consequent upon that relation. A partnership is 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 or business, and to divide the profit and bear the loss in certain proportions....
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Questions and Answers on Law: Alphabetically Arranged. With ..., Volume 2

Asa Kinne - Courts - 1852 - 736 pages
...PARTIES. 1. What is a partnership defined to be 1 It is a contract of two or more persons, to place their money, effects, labor and skill, or some or all of them, in lawful commerce or business, and to divide the profit and bear the loss, in certain propor tions....
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 2

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1854 - 650 pages
...the judgment is sustained by the evidence. The voluntary association of two or more persons to place their money, effects, labor and skill, or some or all of them, in some commerce or business, with the understanding of sharing the profits thereof, constitutes such...
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