The St. Cloud journal. [volume] (St. Cloud, Minn.) 1866-1876, 1872-03-14

An Act to amend Chapter 30, Of tn
General Statutes relating to Unite
partnerships. -
b II enacted by the Legislature Of tn
State Of Minnesota:
SECTION l. Section thirteen (l3), q
ss'd chapter Is hereby amended 90 % t.
read az follows:
Section Is The business OF tho partner
ship shall be conducted under q flru
name, IN which the names of the genera
partners only shalt bs inserted j: Provid
co. 1nst When there ara two or more gen
era' partners, the firm name may consist o
either The name or names ofone or more
such general partners with or without tht
addition Of the worda, Il Company" o,
- co.' and ii the name of any specia
partner shall be inserted in said fru
name with his privi,y, he shall be deemat
general partner. Provided, further tina,
the partnership shall put upon the outside
and III the front af tho building ia which
1t has Its chief place Of business, in con
spicuous place sign on which shalt b.
painted in legible English characters, all
the names in full of all the Members o
the partnership.
SEC 2: Section six cen (le), Of said
chapter is hereby amended SO as to rea l
"a follows:
Section Is. A special partner may from
time 10 time examine into tho state aud pro-
gross o: the partnership concerns. may I'D.
vlse as to their management may loan
money to, aud advance and pay money for
The partnership. and take ard hold the
noieS, drast1, acceptaoces and bot d, of
tie partnership as security for the repay
ment OF any money so loaned, advanced
Ct pad by him with interest thereon h.
may use aud lend his name AID credit AZ
seelr'ty Tor the partnership in its business,
and shall have the same remedies in these
respects az any other creditor Of the part.
nersh!p; be may negotiate sales, and make
purchases for the partnership, witt, the
approval OF one or mora Of the general
partners. H. shall 40. trllsac5 any bust
ness tor the partnership or he employ ID
or that purpose otherwise than is hGrc,l
provided, AID if he shall interfere con
irary to these provisions, he shall be deem
ed a general partner.
See . Said chapter il further amend
ed by adding thereto, the following Sec
tons
Section %. The general and special
partners shall be liable to account to each
other, for all their acts relating to the
partnership affairs, and the management o.
.ha concerns OF the partnership both in
law and equity.
Section 70. A partner, who ahall b
guilty Of any willful fraud in The atf.irs Of
he partnership, shall be deemed guilty o.
. mlsdemanor and en- conviction thereof
shall b. punished by ane or imprison.
ment, or both in to discretion Of tAe
court in which such conviction il had.
See 4. This act shall take effect anc
90 i'll force from and after it's passage
Approved, March 1, 1874.
An Act to an1sud Section 8, Of Chapter
So of the General Statutes, r'la'i:.g ,e
the general terms of the Supreme Court
tBs it enacted by The Legislature of tht
State of Aiuns.ota
SECTION l. That section &, Of chap 81
IS. OF the general sta,utes, be amended SO
AZ 10 read Ma follows:
Section 6. There shall ba two general
srms Of the supreme court held at the
eat Of government Of the state, one o.:
he hrst Tuesday in April and ons on the
drst Tuesday in October.
SEQ. This act shall take effect and
be in force from and after the 6rst day Of
Of May. 1879.
Approved Feb a, 1879.