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XIV, 9.
337
joint stock) has been contributed by a partner, in the same proportion shall he defray charges, perform labour, and obtain profit.
4. Of those who lend (jointly) gold, grain, liquids and condiments, or the like, the gain shall be equal to their respective shares (of the joint expenditure), whether equal, more, or less.
5. Whatever property one partner may give (or lend), authorized by many, or whatever contract he may cause to be executed, all that is (considered as having been) done by all.
6. They are themselves pronounced to be arbitrators and witnesses for one another in doubtful cases, and when a fraudulent act has been discovered, unless a (previous) feud should exist between them.
CONCERNS OF A PARTNERSHIP.
7. When any one among them is found out to have practised deceit in a purchase or sale, he must be cleared by an oath (or ordeal); such is the rule in all disputes (of this sort).
8. When a loss or diminution has occurred through fate or the king, it is ordained that it should be borne by all (partners) in proportion to their respective shares.
9. When (a single partner acting) without the assent (of the other partners) or against their express instructions injures (their joint property)
4. Ratn. p. 123; Col. Dig. II, 3, 45.
5-7. Ratn. pp. 123, 113; Col. Dig. II, 3, 45, 9, 10; May. p. 121; Vîram. p. 385.
8. Ratn. p. 113; Col. Dig. II, 3, 11. 'A loss,' destruction of the principal; diminution,' loss of profits. Ratn.
9. Ratn. p. 113; Col. Dig. II, 3, 12; Viv. p. 61; Vîram. p.
385.
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