The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1858-09-16
AN ACT
Regulating Limited Partnership.


Section l. Limited partnership for The taassc,ioa Of
any mercantile, chsnieai or snufAstarins business
witn n stale, may be formed BY two or more persons
upon the terms with the rish and powers and subject
% me conditoas and Aei herein prescribed but The
proslons OF us Act shall NOD be construed To Aa horxo
any such partnership ir the purpose OF banking mss-
sons who sh. be cal ed general partners who sha
be Jointly and severa responsible, IS general partners
contribute In actual ea'h pay menis specia; -
ca a 70 ne common stock who shall be called sp.e
hem q The capital.
Hsnsaet business AMI sga for tee Partnership and 70
"' ~. .Ie 's Tp ..- q,
sspi snail make and seveay sign Certificate whsh
first-ths Arm under hch srch par. N rshiu
secold-,hs general Of the business to be tran.
AAeted.
rhrt-the names Of all the general and special part
Ders Interested therein disngn shDg ~hich general
aha Nhen are social partners and their respective
yogrth1lhe amour, esptai which each special part.
nsr shall have contributed % the common stock
Filth he period at which the partnership Is TO CON
mtnce sad the period at which 1t is TO termnAt,.
sec The certificate shall be aekbo ged proved
as TO the several persons signing the same beforSsN
same persons before VIII, yance OF lanes % VI
Actn.~ ledgnen proof shall be made and Ger lied i
the same amer as The proof Of Tho
se.6. The ceruhcals so acknowledged aud certissA
shall be hed In the Office Of the Il. ssr Of Deeds u he
partnership shall be .us,e ana shall also be ordes
BY him al large in book I, be kept for al purpos>
places q basirsss si,gssd in alnsren eoast.. ian
script Of the certificate and know edgms nj thereof duly
be ed under his ocis seal shall MED and recorded
In hike snnsr In the occe OF as Register Of Deeds Of
Soc I. THE lime of cling the original certificate With
the evidence Of the knosledgmenl her, OF, OFF re-
directed an Adayit Of one or more OF tbs general part
ners shall also be dei the Office Atng the saIs
specified In the certssts to have been contributed BY
each OF the special partners 70 he common STOCK have
bean sesaslly nn1 Ia = ID fa-iA paid ia CASH
Sec. s. No saea par tnersbp shall be deemed 10 have
nJwledged, died and recorded and WI shall
have been filed ~ above directed and any fs,e
men be made IN s,ch ceruhcA'e az afitsv all the
sons Interested In such partnership shall be liable for
The engagements thereof, a. general partners.
Sec The par ners shall publsh the Of the par
rshIp, when registered for Al least weeks medi.
Aiely after such registry, In newspaper 20 be desiy
rsglsry shall be made, there published therein
and there !, none Published IA .ait county then ~
such publication be not made, The psrns rship shall be
deemed general
tho pub shers, their foreman OF The sp aper IN
Shieh same shall be published, may be filed with he
Register Of Deeds directing the same, and shall be
dence OF the facts therein contained.
Sec II. Eyery renewal or con lnuanee of such par:
shall be certified lodged and recorded and an
stavr u general partner be made and hled,
formaon and every such partnership ~hlch shall be
to,herwisel renewed or continued, stan be deemed
Sec IL Every alteration which shall be made In tie
OF The rares, in s,e nature Of The business ia
ciaei Ia the oriz al eeruucse stall be deemed dissp
luton OF the partnership and every such par nership
alterations shall have been made, shs be deemed gen.
era ship unless renewed As special paras rshp
accordir to ths : rogisons Of the last section.
Sec IL The business u tho partnership shall b.
Quoted under arm in which the nsmes of the general
word CompAny or any other general term aud n the
name Of any special pAtner sh. be used IA such nrm
see ~ SUITS in reiaion % the business OF the Art
nsrshp ,ha be broaxh, and conducted by and against
sec is No par, Of the which any special partner
shall have couir bu;ei 20 the capital shall be h.
drawn by him or pad or transferred TO him In the shape
Of ~ siaens profits oshsr~ lse any time during the
nusy receive lawful interest on he sum 50 eonir5ued
by him, u the pAymen d such interest sha esuce
ment Il such nsrt st. my pro6s 10 be dVd
ed hs n ay aiso {, eeive hIs portn Of sneh PROFITS
..s o. profit to any special paraer he original ospal
sa, been reduced DE partner RECEIVING be .sali
hs share OF capt al eih ipercs.
Sec. u. AspeciAl Iaraer may firm line to inc =,
ssrn. and may adv Sc I. 70 ,hsr MAJ 81 tG ae
shall rsassct Any business secouas OF he
asy or oksrsi.s he shall ossr'rre coniiary 70 hss
provti ns. he shall be deemse a general psrtns,.
each n r. AMI the speeis partners ;h-f msuA
he eoaesIp. toh m law aad .Sufy ss,er "a
SER ~ Any partner Who shall be guilty Il ny fraud
the affairs Of The psl,nershir, shall b. baby. civy
be liable to Indictment !0r msie s-znor put
ishsbs by ans or prsonmeat OF both, In he dsere,
D. livery sale. assigt msrt, or trsnfer Of snyI
the property effects Of srch rsh,e made by
rency. o Alter, OF contemplation of 1hsnsoireneyt
ANY psrtner tn he intent 81 : vnx preference sof
her creditors Of such psr,asr.hp AID s,ry jaism.s
confessed, isn er-asd OF security avg BY such "a
intent shAll be VOID ~ sssiss' he eretts Of such ~
nsrship.
partner, made By ,ueh special orsea.Tai pssser,
sA. ..r o. Is or ss n
partnership, win The nien. q sivtfo any ereaiF q
o ne Partnsr.Aip .ai s,.ry !safsa. eaat...s, ~
errated Or sec ari,y .issn BY .ash sser anasr a.
as.iass he ere,ttors Of the partnsrSp. -
Sec. Il livery special psf.er o, saAil volAs ny |
sass :, n or .e, % AZ .aes .loa q Iss par
ship,@r By any Individual partner. tah % %Se a. ss
sst' = II en, Ct he .a.o,ef or s.ahrap.ey Of, /
pInerssip no -. ei p.r'nsr a. asa PA a,.im.
q ~ ne osArr 'Ors q The 'ner'AP 'A'a ss .A1'
sec :, No d,s.lu,son II sth pN,nsr.Ai9 b. ne act
sf ne paries shall aka piss sresoa. % ae lne .p.s
ised III. esftncse q 10 or 70 ne esrns.e
81 - renes al n al acaes Il iea i.ssass'a =. ~
been Gl-a ssd accorded 10 odaee Of .se kefsIef 2,
Deeds In skcs be orz 1A! qf'hsAe wAs eesHasa -
pubgt.hed cne- n essh week four weeks 10 asss-
psPer priusi each Of he tuates ~s,re ths p.r'aer
snip Hay have flsees o. s".fss. ana u thers = aa
pap.r 10 shed ID ,ura eaufy eoaelies Aea ~ tHb
i.kAs ID. sane assresA n ns~.9Assr Paaisaea
o. s- e.ptA ~ ID. stat. 49,. -,
see. - rhls Aei 81 al AZ s1set 80 % ~ '"ef''
Ana assr he l., tsy OF Ash A. ID i.ss
Ca B.ifa,'. > stsr p 80. ef'hs u 81 3
Approved FstraAry i~suS 81 sisA.~.n .iantrsd ira
csisls Z. ca.s
ac-sz GarerrSs'
Nv" W. -. s..s.x S~rs,- II staa,