The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1859-04-27

ed 10 have been f6runed un til such certi6cate
and affidavit have been mades acknowledged
and registered, as required "a the foregoing
section.
0. That if any false statement Is made in
such certificate or affidavit. all the persons !,
interested In such partnership shall be liza
Bile for all the engagements as general part
ners.
10. That the terms Of the partnership
must be published. Immediately after its
formation, for six successive weeks, in At
least one newspaper nearest the place Of said
partnership business, and If such publication
be not made, the partnership shall be DEEM
ed general.
Ii. That af6dayits Of such publication, by
the printer Of the newspaper or newspapers.
in which the same ispublished, may be filed
with the clerk Of the court Of please and
quarter sessions Of the county in which said
partnership business is conducted, and shall
be evidence Of the fact.
H. That every renewal. or continuance
Of such partnership, beyond the time orlgis
nally fixed for its duration. must be certified.
acknowledged and registered. and an afhda-
Wit Of general partner made and filed, and
notice given By publication. as required for
its original formation and every such part
nership, which is otherwise renewed or con-
tinued. must be deemed general partner
ship.
Is. That every alteration which is made
in the names Of the partners. in the nature
Of the business, or in the capital or shares
thereof, or in any other matter specified in
the original certificate, must be deemed Z
dissolution Of the partnership; and every
such partnership which 10 In any manner
carried on after such alteration has been
made must be deemed general partnership.
unless renewed as special partnership &C
cor,ling to the provisions Of the preceding
sections.
IA. That the business Of the partnership
must be conducted under firm, in which
the names OF the general partners only are
inserted. without the addition Of the word
!" company" or any 9th general term; and
If the name of any special partner is used in
the FIRM. with his priyity. he shall he deemed
a general partner. IA
i is. That suits in relation to the l&e}Dess
Of the partnership, may be brought and seNr
Quoted by. and against the general partner,
in the same manner as il there we're no
special partners.
i6. That no part Of the sum which any
special partner has contributed to the capital
stock. must be withdrawn. or paid to him in
the shape Of dividends, profits. or otherwise.
at any time during the continuance Of the
partnership. but any partner mar annually
receive lawful interest on the sum so con-
tributed by him. IL the payment Of sueh in.
terest. does not reduce the original amounts
Of such interest, any profits remain TO be
divided. he may also receive his proportion
Of such profits.
) Il. That il il appear BY the payment Of
interest or profits, to any special partner.
the original capital has been reduced, the
partner receiving the sane is bound to re-
store the amount accessory to make good
his share Of the capital. without interest.
10. That special partner may from time
TO time examine into the state and progress,
Of tie partnership concerns may advise a.
to their management. and act as attorney At
Law; but must not transact any other business,
nor be employed for that purpose as sgert or
otherwise, and IL he interfere contrary to
the provisions Of this section. he 10 deemed
]. a general partner.
10. That the general partners are liable
20 account TO each other. and 20 the special
/. partners. ior their management Of the part.
nsrship. both in Law and equity a. other
j, partners.
2 20. That every partner who 10 guilty Of
Z any fraud in the Affairs Of the partnership.
]. is liable eiyilly 10 the party injured TO the
I extent Of the damage. and Is also guilty Of a
o misdemeanor
!. 81. That in case Of the bankruptcy or ia.
solseney of the partnership. no special part.
{ ner IL under any circumstances 70 be allow
j, ed to claim as creditor until the claims OF
$ all the other creditors Of the partnership are
Il satisfied.
h %. That no dissolution Of such partner.
g ship. By the acts Of the parties. must take
place before the time specified in the certi.
v hcste Of its formation. or in the certificate
!. OF It's renewal. until notice Of such disso.
luton his been recorded in the registers
e Office in which the original certificate was
e registered. and published once 4 week for
four successive weeks in the nearest news.
2 paper TO each Of the counties where the part.
! nership has places Of business.
e %. That the clerk Of the county court
o and public register shall be entitled 10 the
e following fees for services rendered under
,f his act; For each acknowledgment and
/. probate. the clerk shall be allowed 6fty
II cents for recording the original certificate
|. and acknowledgment. and each transcript
n OF the same, the register shall be allowed one
]. dollar for recording each affidavit. twenty.
. I've cents; making out transcript and CERT.
!. tying the same. fifty cents; and the same
fees on the renewal or continuance Of The
|. partnership.
:. sTIPULATloNs OF THE NrcARAGUAN
le TREATY.