 | Samuel Comyn - 1824 - 680 páginas
...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 ought also to bear his share of the loss. And if any one takes part of the profit, he takes a part of that fund on which the creditor of the... | |
 | 1866 - 932 páginas
...Lords in 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 páginas
...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 his share of the loss; and if any one takes part of the profit, he takes a part of that fund on which the creditor of the... | |
 | John Collyer - 1840 - 1016 páginas
...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 páginas
...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 páginas
...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... | |
 | John William Smith - 1841 - 744 páginas
...partner; but Chief Justice De Grey there said — " The question is, What constitutes a secret partner ? Every man who has a share of the profits of a trade ought also to bear his share of t ! ]• loss ; and if any one takes part of the profits, he takes a part of that fund on which the... | |
 | Matthew Bacon, Sir Henry Gwilliam, Charles Edward Dodd - 1846 - 890 páginas
...Smith, 2 Bl. Rep. 998. De Grey, CJ—The only question is, What constitutes a secret partnership ? Every man who has a share of the profits of a trade ought also to bear his share of the loss. And if any one takes part of the profit, he takes a part of that fund on which the creditor of the... | |
 | Joseph Story - 1846 - 756 páginas
...persons, is thus stated by Lord Chief Justice De Grey, in Grace v. Smith, (2 W. Black. 998, 1000). " Every man, who has a share of the profits of a trade, ought also to bear his share of the loss. And if any one takes part of the profits, he takes a part of that fund, on which the creditor relies... | |
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Every man who has a share of the profits of a trade ought also to bear his share of the loss. 
