39. Authority of partners founded on agency.

Every partner is an agent of the firm and his other partners for the purpose of the business of the partnership1. The acts of every partner who does any act for carrying on, in the usual way, business of the kind carried on by the firm of which he is a member bind the firm and his partners2, unless the partner so acting has no authority to act for the firm in a particular matter, and the person with whom he is dealing knows that he has no authority, or does not know or believe him to be a