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Updated: June 15, 2025
Such is the law in the state of New York; and it is presumed to agree, in its most essential provisions, with the laws of the other states in which these partnerships are authorized. A promissory note is a written promise to pay a specified sum at a certain time, to a person named, or to his order, or to the bearer. A common form of a note is the following: $100. Albany, June 9, 1859.
Don't shirk difficulties, don't try to put the weight of the work upon some colleague or other, that you may have an easier life of it. Set your backs to your tasks, and remember that 'in all labour there is profit'; and whether the profit comes to you in the shape of advancement, position, promotion in your offices, partnerships perhaps, wealth, and the like, or no, the profit lies in the work.
He was always the last to go home, never leaving the store until the business of the day was over and the house was closed. He extended his operations into dry goods, meeting with equal success in this department. As his business expanded, he was compelled to form various partnerships, but in all these arrangements he reserved to himself, like Stewart, the exclusive management of the finances.
If it be true that the forming of a state corporation would defeat this purpose, by taking the necessary steps required by the state law to create a corporation and carrying on the business under rights granted by a state statute, the federal tax would become invalid and that source of national revenue be destroyed, except as to the business in the hands of individuals or partnerships.
"Commercial treaties are an artificial means to obtain a natural end they are the swathing bands of commerce that impede the free operations of nature. Treaties are like partnerships; they establish intimacies which sometimes end in profligacy, and sometimes in ruin and bankruptcy, distrust, strife, and quarrel.
The question of the treatment to be accorded salaries of direction could be settled by reference to arbitrary rules drawn up upon the subject some allowance being made in the case of partnerships or of businesses operating under private direction to compensate for the salaries of direction that are paid in large incorporated enterprises.
These traders were at first divided into partnerships and small groups, but presently, for the sake of co-operation and joint defence, they combined into the powerful body known as the North-West Company, which from now on entered into desperate competition with the great corporation that had first occupied the field.
Fred talked of a cottage which he might enter without first knocking at the door, and of a partnership which should be unlimited; if he learned, in the course of successive conversations, that even in partnerships of the most extreme order many compromises are absolutely necessary, the lesson was one which improved his character in the ratio in which it abased his pride.
Our Lord said to His disciples: "Give ye them to eat," and as they divided, He multiplied the scanty provision; as they subtracted from it He added to it; as they decreased it by distributing, He increased it for distributing. And it has been beautifully said of all holy partnerships, that griefs shared are divided, and joys shared are multiplied.
To increase the distress, bakers were forbidden to furnish them with bread, and water-carriers to supply them with water. Thirty or more persons were exiled, imprisoned, or bastinadoed, on no other charge than their faith. Many were compelled to dissolve partnerships, and bring their accounts to a forced settlement, involving their utter ruin.
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