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Societe En Commandite - Law Dictionary Search Results

Home Dictionary Name: societe en commandite

Societe en commandite

Societe en commandite. See COMMANDITE....


Commandite, Partnerships en

Commandite, Partnerships en, partnerships in France which are limited, where the contract is between one or more persons, who are general partners, and jointly and severally responsible, and one or more other persons, who merely furnish a particular fund or capital stock, and thence are called commanditaries or commenditaries, or partners en commandite.-'The salient features of that system in its simplest form are these: There is a managing partner, who manages the affairs of the partnership and is under unlimited liability to creditors, and there is a sleeping partner, who contributes, or agrees to contribute, capital of specified amount for the purposes of the partnership. His liability is limited to the amount of his capital, and he is not allowed to take part in the management of the business. Particulars are registered. Sometimes there are several managing partners and several sleeping partners.' See Pollock on Partnership, 9th Edn. P. 207; Code of Commerce of France, arts. 23, 24...


in commendam

in commendam [New Latin, translation of French (societé) en commandité (company) in limited partnership] in the civil law of Louisiana : characterized by partnership liability that is limited to the amount of capital contribution see also partner in commendam at partner partnership in commendam at partnership ...


Partnership

Partnership, the relation which subsists between persons carrying on a business with a view to profit--so defined by s. 1, sub-s. 1, of the (English) Partnership Act, 1890 (53 & 54 Vict. c. 39), a codifying Act of fifty s.s, 'to declare and amend the law of partnership,' which, in effect, transfers the law of the subject from the region of reported cases to that of the statute; Bovill's Act' (see that title) of 1865 (28 & 29 Vict. c. 86), and a small part of the (English) Mercantile Law Amendment Act of 1856, being the only previous statutory enactments on the subject.Rules, which, however, subject to any agreement express or implied between the partners, are laid down by s. 24 for determining the interest of partners in the partnership property and their rights and duties in relation to the partnership. They provide, amongst other things, for equal shares in profits and equal contributions to losses; for indemnification of every partner by the firm in respect of payments properly made...


en banc

en banc also in banc also in bank [in-bak, Ä -bÄ k] adv or adj [Anglo-French en banke, literally, on the bench] : with all judges or a quorum of judges present : in full court [an en banc rehearing] [heard very few matters en banc "H. B. Zobel"] ...


League of Nations (Societe des Nations)

League of Nations (Societe des Nations), is a conventional assembly which was set up early in 1920 at the conclusion of the War of 1914-1919 (First World War), with a membership of 58 States. The Covenant, consisting of 26 Articles at the beginning of each of the Peace Treaties, is its charter, pledging these States to promote international co-operation, and achieve peace and security by accepting obligations not to go to war, and to respect treaties. Among the important principles which underlie the League are the 'collective system,' e.g., collective action to prevent aggression, as well as to assist members to carry on their common interests more effectively; the duty of reduction of armaments; equality for States, e.g., recognition of greater responsibility of large Powers, with legal equality for all, large or small; undertaking to use peaceful settlement for disputes, with recognition that any war is the responsibility of all peoples; provision of means for adapting existing righ...


Societe anonyme

Societe anonyme, analogous to a limited company (Foreign Jurisprudence), an association where the liability of all the partners is limited. See LIMITED LIABILITY....


En ventre sa mere

En ventre sa mere. [Fr. In its mother's womb.] A child in the womb of the mother is for most purposes regarded in English law as being already born. But there are certain important exceptions. For example, if a child is killed whilst it is within the womb, it cannot be the subject of a murder or manslaughter charge, but otherwise if it receives injuries whilst in the womb which occasion its death after birth, R. v. Senior, (1832) 1 Moo CC 346. In civil matters also the fiction of birth is only to be applied if the maintenance of the fiction is for the child's benefit and not its detriment, Villar v. Gilbey, 1907 AC 139, but it has lately been held by the House of Lords that the doctrine does not apply where a benefit is not destined directly to the child and is only for his indirect benefit, if any: Elliot v. Joicey (Lord), 1935 AC 209, and see LQR, January, 136, for a note on the case. Subject to the narrowing of the doctrine by Elliot v. Joicey, ubi. Sup., a liberal interpretation wi...


Les Prelats, Seigneurs, et Communes en ce present Parlement assemblees, au nom de touts vos autres sujets, remercient tres humblement votre Majeste, et prient a Dieu vous donner en sante bonne vie et longue

Les Prelats, Seigneurs, et Communes en ce present Parlement assemblees, au nom de touts vos autres sujets, remercient tres humblement votre Majeste, et prient a Dieu vous donner en sante bonne vie et longue.-The prelates, lords, and commons, in this present Parliament assembled, in the name of all your other subjects, most humbly thank your Majesty, and pray to God to grant you in health a good and long life.) The form of words used by the clerk in an act of grace or indemnity, which originates with the Crown, or, so to speak, has the royal assent before it is agreed to by the two Houses....


dation en paiement

dation en paiement in the civil law of Louisiana : a mode of discharging a debt by the debtor's giving to the creditor with the creditor's consent something that satisfies the debt but differs from the form of payment originally called for by the debt called also giving in payment ...


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