Salt Lake Herald-Republican | 1910-02-18 | Page 13 | Gives Interesting Talk

i GIVES INTERESTING TALK E C Ashton Addresses Bank Clerks on Commercial Law LawFully LawFully Fully fifty members of Salt Lake chapter of the American Institute of o Banking were present at the tho regular semimonthly meeting held at the Com Coin Commercial Commercial mercial club chub cub last night when Attorney Ellas Elas Conway Ashton delivered another of ot the series of lectures on commercial law Mr Ashton gave especial atten attention attention tion ton to discussion of o th tha aw of partner partnership partnership partnership ship He lIe explained the distinction be between between between tween a stockholder in a corporation and a partner In an ordinary business concern in assuming liability for the I operations of the concern The differ difference difference ence in the liability attached to the ostensible partner and the dormant partner was wa given some consideration Mr Ashton also pointed out that the highest Rt degree of good faith Is ex cx expected expected by one partner in a business from another and he defined carefully the power of one partner in a a concern to bind the other partners At the next meeting of the chapter there will wil be a debate on the question queston Resolved That the Postal Savings bank would be of great benefit benefi to the People of the United States The en entertainment entertainment entertainment committee is arranging with wih the Burroughs Adding Machine company for a contest to be held at one of ot the future meetings of the chapter