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Penalty on Partnerships exceeding a certain Number.
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IV. Not more than Twenty Persons shall, after the Third Day of November One thousand eight hundred and fifty-six, (carry on in Partnership any Trade or Business having Gain for its Object unless they are registered as a Company under this Act, or are authorized so to carry on Business by some Private Act of Parliament or by Royal Charter or Letters Patent, or are engaged in working Mines within and subject to the Jurisdiction of the Stannaries; and if any Persons carry on Business in Partnership contrary to this Provision, every Person so acting shall be severally liable for the Payment of the whole Debts of the Partnership, and may be sued for the same without the Joinder in the Action or Suit of any other Members of the Partnership.
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