| William Watson (Barrister at law) - 1794 - 596 Seiten
...profile of a trade, ought alfo to bear his fhare of the lofs. And if any one takes part of the profir, he takes a part of that fund on which the creditor of the trader relies for his payment. So alfo a man who advances money to a trader, and becomes incsrefted... | |
| Samuel Comyn - 1824 - 680 Seiten
...to a partnership. De Grey Ch. J. said : " The only question is, what constitutes a secret partner ? every man who has a share of the profits of a trade...takes a part of that fund on which the creditor of the trader relies for his payment. If any one advances or lends money to a trader, it is only lent on his... | |
| Great Britain. Court of Common Pleas, Henry Blackstone - 1827 - 736 Seiten
...also to bear his " share of the loss •, and if any one takes part of the profits, he " takes 1793. " takes a part of that fund on "which the creditor of the trader ~ " relies for his payment. I think the true criterion is, to inagaiiut " quire whether Smith... | |
| 1866 - 932 Seiten
...Cox v. Hickman (2) 1 Prior to that decision the dictum of De Grey, CJ, in Grace v. Smith (5), that "every man who has a share of the profits of a trade ought also to bear a share of the loss," had been adopted as the ground of the judgment in Waugh v. Carver (3), where... | |
| 1839 - 860 Seiten
...thus given by Chief Justice DE GREY, in Grace v. Smith, 2 Blackstone 1000, " Every man who has the share of the profits of a trade, ought also to bear...takes a part of that fund on which the creditor of the trader relies for his payment." We will give one other illustration to our former observations : —... | |
| John Collyer - 1840 - 1016 Seiten
...must he a communion of pro/it between them. A communion of profit implies a communion of loss ; for, " every man who has a share of the profits of a trade, ought also to bear his share of the loss (b)." It is not, however, necessary that every party to the contract should undertake to share the... | |
| 1840 - 540 Seiten
...another sole disposer or manager of them, if they share the profits, they are partners in those profits. Every man who has a share of the profits of a trade must also bear his share of the loss; for a right to a share of the profit legally implies a liability... | |
| Society for the diffusion of useful knowledge - 1840 - 522 Seiten
...another sole disposer or manager of them, if they share the profits, they are partners in those profits. Every man who has a share of the profits of a trade must also bear his share of the loss ; for ai iîçht to a share of the profit legally implies a liability... | |
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