Arthur Underhill 
Principles of the Law of Partnership 

Whilst the greatest effort has been made to ensure the quality of this text, due to the historical nature of this content, in some rare cases there may be minor issues with legibility. This Treatise makes no pretence to the position of a text book. It is merely a broad sketch giving the salient features Of the subject. For the finished picture, with its wealth of detail, the reader must turn to the elaborate work of Lord lindley. But although a sketch is necessarily a humble work, like other humble things it has its uses. By excluding complex details, it accentuates and brings into greater relief those principal features Of the landscape upon which its character depends. So in students‘ law books, if one can generalise the wilderness of single instances embalmed in the reports, and extract therefrom some broad principles – ii one can, as bacon puts it, rather excite the judgment briefly than inform it tediously – the work will not be altogether useless. For these reasons it is hoped that law students and commercial men may find in this little book a readable and concise, and it is believed an accurate View of the main principles of the law of partnerships. For the convenience of practitioners an Appendix has been added to this Edition, containing a print of the Partnerships Act, 1890. Need I make acknowledgment of my indebtedness to Lord lindley? It goes without saying. NO one whovi preface.