Cases on the General Principles of the Law of Private Corporations, Volume 2 |
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Page 1323
... shares of $ 25 each , Miner and Lorman with 435 shares each , I. J. C. 30 shares and L. C. 100 shares . In 1882 some difficulty arose between 1Statement abridged ; only part of opinion given . Miner , who looked after filling the ice ...
... shares of $ 25 each , Miner and Lorman with 435 shares each , I. J. C. 30 shares and L. C. 100 shares . In 1882 some difficulty arose between 1Statement abridged ; only part of opinion given . Miner , who looked after filling the ice ...
Page 1371
... shares of the capital stock are usually represented by certifi- cates . Every holder is a cestui que trust to the extent of his owner- ship . The shares are held and may be bought and sold and taxed like other property . Each share ...
... shares of the capital stock are usually represented by certifi- cates . Every holder is a cestui que trust to the extent of his owner- ship . The shares are held and may be bought and sold and taxed like other property . Each share ...
Page 1372
... shares may both be taxed , and it is not double taxation . The bank may be required to pay the tax out of its corporate funds , or be authorized to deduct the amount paid for each stockholder out of his dividends . Angell & A. on Corp ...
... shares may both be taxed , and it is not double taxation . The bank may be required to pay the tax out of its corporate funds , or be authorized to deduct the amount paid for each stockholder out of his dividends . Angell & A. on Corp ...
Page 1373
... shares by the charter . But the state has by her revenue law imposed an- other and an additional tax on these same shares . This is one of those other taxes " which it had stipulated to forego . 66 The iden- tity of the thing doubly ...
... shares by the charter . But the state has by her revenue law imposed an- other and an additional tax on these same shares . This is one of those other taxes " which it had stipulated to forego . 66 The iden- tity of the thing doubly ...
Page 1399
... shares of the bank assessed under the Illinois act of 1867 , providing shareholders should be taxed in the county where the bank was located . The national act under which the bank was formed provided for taxing the shares of non ...
... shares of the bank assessed under the Illinois act of 1867 , providing shareholders should be taxed in the county where the bank was located . The national act under which the bank was formed provided for taxing the shares of non ...
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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.