Obligations With Respect to Contribution of Money and Money Converted to Personal Use

3) to pay the agreed or legal interest, if he fails to pay his contributions on time or in case he

takes any amount from the common

fund and converts it to his own use.

1) to contribute on the date due the amount he has undertaken to contribute to the

partnership.

4) to indemnify the partnership for the damages caused to it by the delay in the contribution or

the conversion of any sum for his

personal benefit.

2) to reimburse any amount he may have taken from the partnership coffers and converted to is

own use.

Obligation of Capitalist Partner to Contribute Additional Capital

- in case of imminent loss of business, and no agreement to the contrary, he is under obligation

to contribute additional share to

save the venture.

- if he refuses to contribute, he shall be obliged to sell his interest to the other partners

Remedies Against Industrial Partner Who Engages in Another Business

- capitalist partners have a right either to exclude him from the partnership or to avail

themselves of the benefits which he may

have obtained.