Commercial Law, Its Principles and Administration; Or, the Mercantile Law of Great Britain Compared with the Codes and Laws of Commerce of the Following Mercantile Countries

Commercial Law, Its Principles and Administration; Or, the Mercantile Law of Great Britain Compared with the Codes and Laws of Commerce of the Following Mercantile Countries : Anhalt, Austria ... Wurtemburg, and the Institutes of Justinian

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1850 edition. Excerpt: ... of the partnership debts, with the exact indication of the capital furnished by the commanditary. 32. He who shall have knowingly inserted in this statement false declarations, prejudicial to the commanditaires, shall be punished as guilty of fraud. the partnership are to be esta-blished otherwise than those fixed by the laws. 625. So long as the declara-tion has not taken place in the usual form, the partnership cannot use against third parties the rights of a commercial as-sociation. 626. But they are bound towards third parties for all operations made in the interval. 627. A similar declaration (Art. 619) is requisite at each period that any change takes place in the firm, or in the number of persons designed as managers. 628. Any such change ought to be particularly announced to the commercial houses abroad with whom the partnership is in correspondence. 629. The reciprocal obligations of the contracting parties commence from the date of the contract. 630. As respects the contributions to form the capitalfund of the partnership, those principles may be followed which are established (1 st Part, Tit. xvii. Art.189 and following. to a founder of a company, or as a simple shareholder. 8. The duration of the com-pany is limited or unlimited. The exemptions, as well as the exclusive privileges, cannot, in any case, be granted but for a limited time, having regard, in respect to the duration of the concession, to the nature of the undertaking, the amount of the advances, the gravity of the chances, and other consi-derations. It is understood, 1st, That the exclusive use of the privilege cannot exceed the duration of the privilege itself, whatever be the duration of the company. 2d, That the expiration of the privilege does not imply the...show more

Product details

  • Paperback | 162 pages
  • 189 x 246 x 9mm | 299g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236767055
  • 9781236767059