The Political Institutions and Theories of the Hindus: A Study in Comparative Politics c9.s4.t2.5

c9.s4.t2.5

The "power of attorney" could be conferred by them on some of their members, and these agents represented the associations in law courts or other public offices. Accordingly the funds donated by the government to a single member had to be deposited with the joint stock of the *samûha*.¹ In Yâjnavalkya's code anything acquired by a member of the gild while on gild business was to become common property. Eleven times the value of the acquisition was the penalty for wilful violation of this ruling.² According to Brihaspati any member who injured the joint stock might be punished with deportation.³