Sociedad

In Spanish law.

Partnership. Schmidt, Civ. Law, 153, 154.

SOCIETAS (Lat.) In civil law. A contract in good faith made to share in common the profit and loss of a certain business or thing, or of all the possessions of the parties.

Calv. Lex.; Inst. 3. 26; Dig. 17. 21.

See "Partnership." Also, companionship or partnership in good or evil.

Cicero, pro S. Rose. 34; Fleta, lib. 1, c. 38, § 18.

SOCIETAS LEONINA (Lat.) In Roman law. That kind of society or partnership by which the entire profits should belong to some of the partners, in exclusion of the rest. It was so called in allusion to the fable of the lion and other animals, who, having entered into partnership for the purpose of hunting, the lion appropriated all the prey to himself.

Dig. 17. 2. 29. 2; Poth. Traite de Societe, note 12. See 2 Mc Cord (S. C.) 421; 6 Pick. (Mass.) 372.

SOCIETAS NAVALIS (Lat.) In European law. Naval partnership or company; the sailing of a number of vessels in company, for mutual protection. Otherwise called admiralitas. Locc. de Jur. Mar. lib.

2, c. 2; Id. lib. 3, c. 7.

SOCIETE (Fr.) In French law.

Partnership.

See "Clommendam."

See Clommendam.