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	Statutes of Northern Ireland
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TRADING PARTNERSHIPS ACT 1841

TRADING PARTNERSHIPS ACT 1841 - LONG TITLE

An Act to make good certain contracts which have been or may be
entered into by certain Banking and other Copartnerships.{1}
[18th May 1841]
WHEREAS divers associations and copartnerships consisting of more than
six members or shareholders have from time to time been formed, for
the purpose of being engaged in and carrying on the business of
banking, and divers other trades and dealings, for gain and profit,
and have accordingly for some time past been and are now engaged
in carrying on the same, by means of boards of directors or
managers, committees, or other officers acting on behalf of all the
members or shareholders of or persons otherwise interested in such
associations or copartnerships: And whereas divers spiritual persons
having or holding dignities, prebends, canonries, benefices,
stipendiary curacies, or lectureships, have been members or
shareholders of or otherwise interested in divers of such
associations and copartnerships: ....[

TRADING PARTNERSHIPS ACT 1841 - SECT 1
No association or copartnership of contract entered into by any of
them, to be illegal or void by reason only of spiritual persons
being members thereof.

1.] No such association or copartnership already formed, or which
may be hereafter formed, nor any contract either as between the
members, partners, or shareholders composing such association or
copartnership for the purposes thereof, or as between such
association or copartnership and other persons, heretofore entered
into or which shall be entered into by any such association or
copartnership already formed or hereafter to be formed, shall be
deemed or taken to be illegal or void, or to occasion any
forfeiture whatsoever, by reason only of any such spiritual person
as aforesaid being or having been a member, partner, or shareholder
of or otherwise interested in the same; but all such associations
and copartnerships shall have the same validity, and all such
contracts shall and may be enforced in the same manner, to all
intents and purposes, as if no such spiritual person had been or
was a member, partner, or shareholder of or interested in such
association or copartnership: Provided always, that it shall not be
lawful for any spiritual person holding any cathedral preferment,
benefice, curacy, or lectureship, or who shall be licensed or
allowed to perform the duties of any ecclesiastical office, to act
as a director or managing partner, or to carry on such trade or
dealing as aforesaid in person.

Ss.2, 3 rep. by SLR 1874 (No. 2)