Transfer of a partner's interest confers only entitlement to profit shares, not management or inspection rights. A transfer, mortgage or charge of a partner's interest does not confer authority to participate in firm management, to compel accounts, or to inspect books during the partnership's continuance; the transferee is entitled only to the transferring partner's share of profits and must accept the profit account agreed by the partners. If the firm is dissolved or the partner ceases to be a partner, the transferee is entitled against remaining partners to receive the transferring partner's share of the assets and to an account from the date of dissolution.