Partnership property includes everything to which the firm acquires title in the course of its business, including capital contributed by the members, and its amount may vary from day to day, while the partnership capital is a fixed sum depending on agreement of the partners, whether in hand or not.3 On dissolution the property of the firm goes first to pay firm debts, then the capital, then the profits.

2 Taft vs. Schwamb, 80 III., 289; Matter Talmage, vs. 161 N .Y., 643.

3 Taylor vs. Coffin, 18 III., 422; Shea vs. Donahue, 54 Am. Rep. 407.