Cases on the General Principles of the Law of Private Corporations, Volume 2 |
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Page 1179
... charter of a corporation , read in the light of any general laws which are applicable , is the measure of its powers , and the enumeration of those powers implies the exclusion of all others not fairly incidental . . All contracts made ...
... charter of a corporation , read in the light of any general laws which are applicable , is the measure of its powers , and the enumeration of those powers implies the exclusion of all others not fairly incidental . . All contracts made ...
Page 1184
... charter another connecting road , in furtherance of the same policy ; hold themselves out to the public as carriers ... charter , and , if the charter does not appear to embrace them , then that they must be adjudged void to all intents ...
... charter another connecting road , in furtherance of the same policy ; hold themselves out to the public as carriers ... charter , and , if the charter does not appear to embrace them , then that they must be adjudged void to all intents ...
Page 1185
... charter , according to this reasoning , the acts and dealings of the individuals engaged in them , and for which they alone are responsi- ble . But such , I apprehend , is not the nature of these bodies ; like natural persons , they can ...
... charter , according to this reasoning , the acts and dealings of the individuals engaged in them , and for which they alone are responsi- ble . But such , I apprehend , is not the nature of these bodies ; like natural persons , they can ...
Page 1186
... charter . But is it true that all contracts of corporations for purposes not embraced in their charters are illegal , in the appropriate sense of that term ? This proposition I must deny . Undoubtedly , such engage- ments may have the ...
... charter . But is it true that all contracts of corporations for purposes not embraced in their charters are illegal , in the appropriate sense of that term ? This proposition I must deny . Undoubtedly , such engage- ments may have the ...
Page 1187
... charter ; but , so far from being ille- gal or wrong they are in themselves benevolent and praiseworthy . So a church corporation may deal in exchange ; this , although ultra vires , is not illegal , because dealing in exchange is , in ...
... charter ; but , so far from being ille- gal or wrong they are in themselves benevolent and praiseworthy . So a church corporation may deal in exchange ; this , although ultra vires , is not illegal , because dealing in exchange is , in ...
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Common terms and phrases
¹ Statement affirmed agent alleged amendment amount Appeal applied assets assignment authority bank bill bonds capital stock cause of action certificate charter cited claim commerce common law constitution contract court of equity creditors debts declared defendant demurrer directors dividends doctrine duty enforce entitled exercise fact foreign corporation franchise fraud granted held holder incorporation individual infra insolvent interest issued judgment jurisdiction Justice legislative legislature liability Mass ment mortgage N. W. Rep officers opinion omitted owner paid pany par value parties payment person plaintiff plaintiff in error poration principle provisions purchase purpose question quo warranto railroad company Railway reason received remedy repeal road rule shareholders Statement abridged statute stockholders subscribed subscription suit supra SUPREME COURT tion tort transaction transfer trust fund ultra vires unpaid valid void vote
Popular passages
Page 2040 - Protection by the government; the enjoyment of life and liberty, with the right to acquire and possess property of every kind, and to pursue and obtain happiness and safety; subject nevertheless to such restraints as the government may justly prescribe for the general good of the whole.
Page 1956 - No corporation shall issue stock or bonds, except for money paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void.
Page 1276 - A charity, in the legal sense, may be more fully defined as a gift to be applied consistently with existing laws, for the benefit of an indefinite number of persons, either by bringing their minds or hearts under the influence of education or religion, by relieving their bodies from disease, suffering or constraint, by assisting them to establish themselves in life, or by erecting or maintaining public buildings or works, or otherwise lessening the burdens of government.
Page 1917 - It is too firmly established in the present day to be questioned that the capital stock of a corporation is a trust fund for the payment of its debts.
Page 1902 - And the said records and judicial proceedings, authenticated as aforesaid, shall have such faith and credit given to them in every court within the United States as they have by law or usage in the courts of the State from whence the said records are or shall be taken.
Page 1787 - To hold, purchase and convey such real and personal estate, as the purposes of the corporation shall require, not exceeding the amount limited in its charter:
Page 1999 - Dues from corporations shall be secured by such individual liability of the corporators, and other means, as may be prescribed by law.
Page 1514 - Will in solemn form of law, shall continue to possess the same rights and privileges, and be subject to the same liabilities with respect to costs, as heretofore...
Page 1362 - We hold, however, that the basis of all calculations as to the reasonableness of rates to be charged by a corporation maintaining a highway under legislative sanction must be the fair value of the property being used by it for the convenience of the public.
Page 1993 - Upon claims arising out of the same transaction, or transactions connected with the same subject of action, and not included within one of the foregoing subdivisions of this section.