Medical partnerships, transfers, and assistantships / by William Barnard and G. Bertram Stocker.

  • Barnard, William, 1856-1935.
Date:
1895
Catalogue details

Licence: Public Domain Mark

Credit: Medical partnerships, transfers, and assistantships / by William Barnard and G. Bertram Stocker. Source: Wellcome Collection.

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    sentations made by A. B. that the gross receipts in respect of the said share so purchased This wiu only Yn\\ in the first year [or in each of the first be inserted m _ very special yearsj of the partnership [on account of each year’s work respectively] amount to not less than the sum of £ A. B. shall within three days from the termination of the first year of the part- nership pay to C. D. such amount (if any) as together with the share of C. D. in the gross cash receipts in respect of the work of such year may be necessary to make up the said sum of £ But A. B. shall be at liberty to recoup himself the amount so paid by him out of C. D.’s share of the fees booked or receivable for work done in that year as such fees shall from time to time be paid and received. And C. D. shall not be entitled to receive any further share of the fees for work done in that year unless and until the whole amount so paid by A. B. shall be recouped to him out of such fees. [Similarly at the end of the second and years respectively A. B. shall if neces- sary in like manner make up the share of C. D. to the sum of £ and shall have the like right to recoup himself out of the fees booked or receiv- able for the work of such years respectively and subsequently paid each year being taken sepa- rately.] This provision as to making up the share of C. D. shall be enforceable only against A. B. personally and not against his legal per- sonal representatives or successors in the said practice.] It often occurs that a pui’chaser of a share of a practice asks
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