This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1904 Excerpt: ...but old customers are entitled to more specific notice. After the dissolution of a partnership, the authority of each person to bind the firm, and the other rights and obligations of the partners, continue notwithstanding the dissolution so far as may be necessary to wind up the affairs of the partnership, and to ...
Read More
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1904 Excerpt: ...but old customers are entitled to more specific notice. After the dissolution of a partnership, the authority of each person to bind the firm, and the other rights and obligations of the partners, continue notwithstanding the dissolution so far as may be necessary to wind up the affairs of the partnership, and to complete transactions begun but unfinished at the time of the dissolution, but not otherwise, provided that the firm is in no case bound by the acts of a partner who has become bankrupt, but this proviso does not affect the liability of any person who has after the bankruptcy represented himself or knowingly suffered himself to be represented as a partner of the bankrupt (P.A. 1890, sec. 38). On the dissolution of a partnership or retirement of a partner, any partner may publicly notify the same, and may require the other partner or partners to concur for that purpose in all necessary or proper acts, if any, which cannot be done without his or their concurrence (P.A. 1890, sec. 37). In Troughton v. Hunter (18 Beav. 471) it appeared to be the practice of the London Gazette Office not to insert a notice of dissolution unless signed by all the partners; and the defendant, who had refused to sign a notice, was decreed to do all things necessary for procuring notice of the dissolution to be inserted in the Gazette. A retiring partner may be ordered to sign a notice of dissolution for insertion in the Gazette, even if no other specific relief is claimed (Henry v. Turner, 1886, 32 Ch. D. 355). A partner, after his retirement, may become liable for the acts of his former partners under the doctrine of holding out. The estate of a deceased partner may be liable for debts incurred after his death, at the suit of the surviving partners, if there was any agree...
Read Less
Add this copy of Encyclopaedia of Accounting; Volume 5 to cart. $55.18, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2016 by Wentworth Press.
Add this copy of Encyclopaedia of Accounting Volume 5 to cart. $71.49, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2016 by Palala Press.
