~s!
WH
IN

Lropetty
bought with
partnership
moucy

Immove
property
held as
partnership
property.

Procedure
against
partnership
Property for
a partner
sepourate
ludgtnent
debt.

Ch. 31. No. 2. Partnership.

to profits made by the use of that land or estate. and
purch: — other Jand or estate out of the profits to be used
in like manner, the land or estate so purchased belongs to
them, in the absence of an agreement to the contrary, not
as partners but as co-owners for the same respective
states and interests as are held by them im the land or
estate first mentioned at the date of the purchase.

23. Unle. the contrary intention appears, property
bought with money belonging to the firm is deemed to have
been bought on account of the firm,

24. Where land or any heritable interest: therein has
become partnership property, tt shall, unless the contrary
intention appears, be treated as between the partners
(ineluding the representatives of i deceased partner) and
also as between the next of kin of a deceased partner and
lis executors or administrators, as personal and not real
or heritable sstate

5. (1) A writ of exccution shall not issue against any
pitt vetehip property except on a judgment against the
firm.

(2) The Court or Judge may, on the application by
summons of any judgment creditor of a partner, make an
order charging that partner’ interest in’ the partnership
property and profits with payment of the amount of the
judgment debt and interest thereon, and may by the same
or a subsequent order appoint a receiver of that partner’
share of profits (whether already declared or accruing),
and ef any other money which may be coming to him in
respect of the partnership, and direet all accounts and
enquitie, and give all other orders and directions which
might have been directed or given i the charge had been
made in favour of the judgme nt creditor by the partner,
er which the circumstances of the case may require.

(3) The other partner or partners shall be at liberty
at any time to redeem the interest charged, or, in case of a
‘ale being directed, to pureh: — the same.

(+) Every summons by judgment creditor under

this section shall be served on the judgment debtor and on his
partners or such of them as are within the jurisdiction,