This section is from the book "Popular Law Library Vol8 Partnership, Private Corporations, Public Corporations", by Albert H. Putney. Also available from Amazon: Popular Law-Dictionary.
Who the partners shall be, their interests, rights, powers, duties, and liabilities among themselves, all depend on the original partnership agreement, which cannot be changed without the consent of all the partners. And the withdrawal, bankruptcy, death, or sale of the share of one, whether voluntary or involuntary, ipso facto, dissolves the partnership, and thereupon the agency of the partners is restricted to the disposal of the firm property and the winding up of the affairs of the business, although, when specifically determined by original or contemporaneous agreement, a new firm, even with the same name, may at once take the place of the old.
But the liabilities of the firm, and the members thereof, to third parties, and their obligations and duties toward their creditors, debtors, servants, agents, and others cannot be fixed, to the detriment of these parties, by private arrangements among the partners.
 
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