SOCIETE

Fr. In French law. Partnership. See COMMENDAM. Sooiete anonyme. An association where the liability of all the partners is limited. It had in England until lately no other name than that of "chartered company," meaning thereby S joint-stock company whose shareholders, by a charter from the crown, or a special enactment of the legislature, stood exempted from any liability for … [Read more...] about SOCIETE

Among the Roman lawyers this term signified that kind of society or partnership by which the entire profits should belong to some of the partners in exclusion of the rest. 2. It was so called in allusion to the fable of the lion and other animals, who having entered into partnership for the purpose of hunting, the lion appropriated all the prey to himself. … [Read more...] about SOCIETAS LEONINA

Latin: In the civil law. Partnership; a partnership; the contract of partnership. Inst 3, 26. A contract by which the goods or labor of two or more are united in a common stock, for the sake of sharing in the gain. Hallifax, Civil Law, b. 2, c. 18, no. 12. Socitas leonina. That kind of society or partnership by which the entire profits belong to some of the partners, in … [Read more...] about SOCIETAS

In Spanish law. Partnership. Schm. Civil Law, 153, 154. Sociedad anonima. In Spanish and Mexican law. A business corporation. "By the corporate name, the shareholders' names are unknown to the world; and, so far as their connection with the corporation is concerned, their own names may be said to be anonymous, that is, nameless. Hence the derivation of the term 'anonymous' as … [Read more...] about SOCIEDAD

civ. law. This is the name of a contract by which one man delivers to another, either for a small recompense, or for a part of the profits, certain animals, on condition that if any of them perish they shall be replaced by the bailer, or he shall pay their value. 2. This is a contract of hiring, with this condition, that the bailee takes upon him the risk of the loss of the … [Read more...] about SOCIDA