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Session Laws, 1836
Volume 537, Page 100   View pdf image
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THOMAS W. VEAZEY, ESQUIRE, GOVERNOR,

18S6.

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.

CHAP. 97.

SEC. 9. And be it enacted, That every renewal or
continuance of such partnership, beyond the time origi-
nally fixed for its duration, shall be certified, acknow-
ledged and recorded, and an affidavit of a general part-
ner be matte and filed, and notice be given in the man-
ner heirein required for its original formation; and
every such partnership which shall be otherwise re-
newed or continued shall be deemed a general partner-
ship.

Renewal of such
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 certifi-
cate, 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 re-
newed as a special partnership, according to the pro-
visions of the last section.

Any alteration
in names, ca-

pital, &c.

deemed a dis-

solution, and
resolved into
general part,
nership

SEC. 11. And be it enacted, That the business of
the partnership shall be conducted under a firm in which
the names of the general partners only, shall be insert,
ed, without the addition of the word company or any
other general term, and if the name of any special part-
ner shall be used in such firm with his privity, 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 be deemed a general partner, but he
may from time to time examine into the state and pro-
gress of the partnership concerns and advise as to their
management

The firm

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capital stock shall be withdrawn by him, or paid or
transfered to him in the shape of dividends, profits or

Withdrawing
capital forbid

otherwise, at any time during the continuance of the
partnership, but any partner may annually receive law-
ful interest on the sum so contributed by him, if the

Interest allowed

payment of such interest shall not reduce the original
amount of such capital; and if after the payment of such

Conditionally



 
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Session Laws, 1836
Volume 537, Page 100   View pdf image
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