Page:United States Statutes at Large Volume 18 Part 2a.djvu/65
60 DISTRICT OF COLUMBIA. shall be liable for all the engagements of such partnership as general partners . '1`¤•1¤¤ ¤f vert Sec. 497. The partners shall publish the terms of the partnership, };‘;;°£l’”° b° P“b‘ when registered, three times a week for at least, fogr weeks, (fname?}. -———>-——— ately alter such registry in two newspapers o e esignate y the ,6%, 1:f"'§°l‘; 1§*2»;· clerk of the supreme cept of the District, the first publication to appear 43;; ’ ‘within one week after the registry. Otherwise pm- Sec. 498. If the publication prescribed in the preceding section be
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- ]**1* *0 W GM- not made, the partnership shall be deemed general.
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llgsvis .,;,,..1,. Sec. 499. The aliidavits of the publication of the notice required by neatien. section four hundred and ninety-seven, by the editors or publishers of KD the newspapers in which_the same shall have been published, shall be filed with the clerk directing the same, and shall be prima-facie evidence of the facts therein contained; the afridavit of any one editor or publisher of each newspaper being sufficient. g,,,,,,,,,; 0, u,,,- Sec. 500. Every renewal or continuance of a partnership beyond the tinusuee. time originally nxed for its duration shall be certified, acknowledged, and
recorded, and ap afiidavit of a general partner beinade and llled, and
¥0lil00 be givaelniin the manner required by the provisions of this chapter or its origin ormation. when ,,,,,,,w,,d Sec. 501. Every partnership which shall be renewed and continued tepeaeemea gen- othegwise as provided in this chapter shall be deemed a general part· 2.’*;_.._.. ners ip. Ibid. Alteration or Sec. 502. Every alteration which shall be made in the names of the
- ¤s¤}¤¤ tf Elydwmad 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
‘ " °' ’p‘ ‘ deemed a dissolution of the partnership. If carried on at'- Sec. 503. Every partnership which shall in any manner be carried on m **“°¤°¤°¤· after any such alteration shall have been made shall be deemed a general rum, partnerslpp, unle? repewsdups a special partnership, under the provisions 0 section ve un . buEo1vg¤:::;¤h£ thS1·:o. 504} The business of tlgetpartnership may be conducted under e name o any one or more o e genera partners, and with or with-
out the addition of the word Co., or company, as the parties may deter-
•v r · mine. 4:46, 431. In suits who to Sec. 505. In any action or suit brought on any contract or engageb° d°f°°*l*’·”*°· ment of the partnership, or to enforce any liability of the same, the genniid. eral partners whose names shall be used in the firm or business shall be the only necessary defendants; and any judgment or decree recovered against such defendant shall have the same legal effect and operation, and execution thereon shall be enforced and have like effect against the partnership assets, as if the judgment or decree had been recovered against the general partners. Bp2g:;" “;:‘;‘;f°'; 506; th; ¤¤£¤1<E BSF Spésial partner shall be used in the iirm uw, ,,sb,m_y_ wi is privi y, e s a e eeme a genera partner. Ibid., s. 11,p.431. General partners Sec. 507. The general partners only shall transact the business, and
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- d;*;°*°* *1*** if a special partner hall interfere, contrary to this provision, he shall
be deemed a general partner but he may from time to time examine
·· ·P· · into the state and progress of the partnership concerns and advise as to their management. Prgrtgcrcnt und Spc,) 5g8d No plart of the sum which any special partner shall have ___;______ con ri u e to the capital stock shall be withd b h' 'd Ibid.,s. 12, p. 437. transferred to him in the shape of dividends, prlollivtst o1¥otl1uer(v;geT‘du(iI mg the contmnance of the partnership, but any partner may annually 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;