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SOCIETAS

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 exclusion of the rest So called in allusion to the fable of the lion, who, having entered into partnership with other animals for the purpose of hunting, appropriated all the prey to himself. It was void. Wharton. Sociotas navalis. A naval partnership; an association of vessels; a number of ships pursuing their voyage in company, for purposes of mutual protection.

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