clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Clement Dorsey. The general public statutory law and public local law of the state of Maryland : from the year 1692 to 1839 inclusive, with annotations thereto,and a copious index.
Volume 141, Page 1230   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

1230

LAWS OF MARYLAND.— 1836.

 

some disinterested person, in cases where publication by notices
at public places, may be necessary, that said notice or notices
were put up agreeably to the provisions of the sixth section of
this act, may and shall be filed with the clerk directing the
same, and shall be evidence of the facts therein contained ; and
the clerks of the several county courts in which any registries
shall be made or papers filed under the provisions of this act,
shall be entitled to such sum or sums for recording and filing
the same, as they are entitled to for other records.

Renewal of
such part.-
nership.

SEC. 9. And be it enacted, That every renewal or conti-
nuance of such partnership, beyond the time originally fixed
for its duration, shall be certified, acknowledged and recorded,
and an affidavit of a general partner be made and filed, and
notice be given in the manner herein required for its original
formation ; and every such partnership which shall be other-
wise renewed or continued shall be deemed a general partner-
ship.

Any altera-
tion in
names,
capital, &c.
deemed a
dissolution,
and re-
solved into
general
partnership.

SEC. 10. And be it enacted, That every alteration which
shall be made in the names of the partners, in the nature of the
business, or in the capital or shares thereof, or in any other
matter specified in the original certificate, shall be deemed a
dissolution of the partnership; and every such partnership which
shall in any manner be carried on after any such alteration
shall have been made, shall be deemed a general partnership,
unless renewed as a special partnership, according to the provi-
sions of the last section.

The firm.

SEC. 11. And be it enacted, That the business of the partner-
ship shall be conducted under a firm in which the names of the
general partners only, shall be inserted, without the addition of
the word company or any other general term, and if the name
of any special partner shall be used in such firm with his pri-
vity, he shall be deemed a general partner, and the general
partners only shall transact the business of the partnership, and
if a special partner shall interfere contrary to this provision, he
shall bo deemed a general partner, but he may from time to
time examine into the state and progress of the partnership
concerns and advise as to their management.

Withdraw-
ing capital
forbid.

SEC. 12. And be it enacted, That no part of the sum which
any special partner shall have contributed to the capital stock
shall be withdrawn by him, or paid or transferred to him in the
shape of dividends, profits or otherwise, at any time during the
continuance of the partnership, but any partner may annually

Interest
allowed.
Condi-
tionally.
Profits.

receive lawful interest on the sum so contributed by him, if the
payment of such interest shall not reduce the original amount
of such capital; and if after the payment of such interest any
profits shall remain to be divided he may also receive his portion
of such profits.

 

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Clement Dorsey. The general public statutory law and public local law of the state of Maryland : from the year 1692 to 1839 inclusive, with annotations thereto,and a copious index.
Volume 141, Page 1230   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  August 16, 2024
Maryland State Archives