COMPAN

1 definition found

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:

  COMPANY. An association of a number of individuals for the purpose of 
  carrying on some legitimate business. 
       2. This term is not synonymous with partnership, though every such 
  unincorporated compass is a partnership. 
       3. Usage has reserved this term to associations whose members are in 
  greater number, their capital more considerable, and their enterprises 


  greater, either on account of their risk or importance. 
       4. When these companies are authorized by the government, they are 
  known by the name of corporations. (q.v.) 
       5. Sometimes the word is used to represent those members of a 
  partnership whose names do not appear in the name of the firm; as, A.B & 
  Company. Vide, 12 Toull. n, 97; Mortimer on Commerce, 128. Vide Club; 
  Corporation; Firm; Parties to actions; Partnership.