2326 ARTICLE 73A.

(a) Each partner shall he repaid his contributions, whether by way of
capital or advances to the partnership property and share equally in the
profits and surplus remaining after all liabilities, including those to part-
ners, are satisfied; and must contribute towards the losses, whether of
capital or otherwise, sustained by the partnership according to his share
in the profits.

(b) The partnership must indemnify every partner in respect of pay-
ments made and personal liabilities reasonably incurred by. him in the
ordinary and proper conduct of its business, or for the preservation of its
business or property.

(c) A partner, who in aid of the partnership makes any payment or
advance, beyond the amount of capital which he agreed to contribute, shall
be paid interest from the date of the payment or advance.

(d) A partner shall receive interest on the capital contributed by him
only from the date when repayment should be made.

(e) All partners have equal rights in the management and conduct of
the partnership business.

(/) No partner is entitled to remuneration for acting in the partner-
ship business, except that a surviving partner is entitled to reasonable
compensation for his services in winding up the partnership affairs.

(<?) No person can become a member of a partnership without the con-
sent of all the partners.

(7t) Any differences arising as to ordinary matters connected with the
partnership business may be decided by a majority of the partners; but
no act in contravention of any agreement between the partners may be
done rightfully without the consent of all the partners.

An. Code, sec. 19. 1916, ch. 175, sec. 19.

19. (PARTNERSHIP BOOKS.) The partnership books shall be kept,
subject to any agreement between the partners, at the principal place of
business of the partnership, and every partner shall at all times have access
to and may inspect and copy any of them.

An. Code, sec. 20. 1916, ch. 175, sec. 20.

20. (DUTY OF PARTNERS TO RENDER INFORMATION.) Partners shall
render on demand true and full information of all things affecting the
partnership to any partner or the legal representative of any deceased part-
ner or partner under legal disability.

An. Code, sec. 21. 1916, ch. 175, sec. 21.

21. (PARTNER ACCOUNTABLE AS A FIDUCIARY.) (1) Every part-
ner must account to the partnership for any benefit, and hold as trustee
for it any profits derived by him without the consent of the other partners
from any transaction connected with the formation, conduct, or liquida-
tion of the partnership or from any use by him of its property.

(2) This section applies also to the representatives of a deceased part-
ner engaged in the liquidation of the affairs of the partnership as the per-
sonal representatives of the last surviving partner.