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536 PARTNERSHIP. [ART. LXXIIIA
for value without knowledge that the partner, in making the convey-
ance, has exceeded his authority.
(2) Where title to real property is in the name of the partnership,
a conveyance executed by a partner, in his own name, passes the equit-
able interest of the partnership, provided the act is one within the
authority of the partner under the provisions of paragraph (1) of sec-
tion 9.
(3) Where title to real property is in the name of one or more but
not all the partners, and the record does not disclose the right of the-
partnership, the partners in whose name the title stands may convey
title to such property, but the partnership may recover such property
if the partners' act does not bind the partnership under the provisions
of paragraph (1) of section 9, unless the purchaser or his assignee, is a
holder for value, without knowledge.
(4) Where the title to real property is in the name of one or more
or all the partners, or in a third person in trust for the partnership, a
conveyance executed by a partner in the partnership name, or in his
own name, passes the equitable interest of the partnership, provided the
act is one within the authority of the partner under the provisions of
paragraph (1) of section 9.
(5) Where the title to real property is in the names of all the part-
ners a conveyance executed by all the partners passes all their rights in
such property.
1916, ch. 175, sec. 11.
11. (PARTNERSHIP BOUND BY ADMISSION OF PARTNER.) An
admission or representation made by any partner concerning partner-
ship affairs within the scope of his authority as conferred by this article
is evidence against the partnership.
1916, ch. 175, sec. 12.
12. (PARTNERSHIP CHARGED WITH KNOWLEDGE OF OR NOTICE TO
PARTNER.) Notice to any partner of any matter relating to partner-
ship affairs, and the knowledge of the partner acting in the particular
matter, acquired while a partner or then present to his mind, and the
knowledge of any other partner who reasonably could and should have
communicated it to the acting partner, operate as notice to or knowledge
of the partnership, except in the case of a fraud on the partnership
committed by or with the consent of that partner.
1916, ch. 175, sec. 13.
13. (PARTNERSHIP BOUND BY PARTNER'S WRONGFUL ACT.) Where,
by any wrongful act or omission of any partner acting in the ordinary
course of the business of the partnership, or with the authority of his
co-partners, loss or injury is caused to any person, not being a partner
in the partnership, or any penalty is incurred, the partnership is liable
therefor to the same extent as the partner so acting or omitting to act.
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