108. Renewal of partnership lease.

108.     Renewal of partnership lease.

The renewal of a lease of the partnership property by one or more of the partners without the privity of the others enures for the benefit of all1. The rule is the same when the intention to renew is communicated to the others if they are prompt to assert their rights2; and it is immaterial whether the term of the partnership is definite or indefinite, or whether the landlord would have refused to renew to the partners who are not privy to the renewal3. The personal representatives of