Cases on the General Principles of the Law of Private Corporations, Volume 1 |
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Page xvii
... DIRECTORS AND OFFICERS ARTICLE I. MEMBERS AND DIRECTORS .. Members wield the extraordinary powers , and directors the ordinary business powers .... 694 694 694 Note : Functions of shareholders and directors . ARTICLE II . OTHER OFFICERS ...
... DIRECTORS AND OFFICERS ARTICLE I. MEMBERS AND DIRECTORS .. Members wield the extraordinary powers , and directors the ordinary business powers .... 694 694 694 Note : Functions of shareholders and directors . ARTICLE II . OTHER OFFICERS ...
Page xxxii
... directors to the corporation..1727 ( a ) Agents of the corporation , not trustees of sharehold- ers .1727 Sec . 588 . ( b ) Trustees .1729 Sec . 589 . ( c ) Mandataries . ..1731 Sec . 590. 3. General rules as to duties and liabilities ...
... directors to the corporation..1727 ( a ) Agents of the corporation , not trustees of sharehold- ers .1727 Sec . 588 . ( b ) Trustees .1729 Sec . 589 . ( c ) Mandataries . ..1731 Sec . 590. 3. General rules as to duties and liabilities ...
Page 68
... directors and not by the stockholders . The corporation , in such matters , is represented by the former and not by the latter . Such is one of the main objects of corporate existence . To the directors is given the management and ...
... directors and not by the stockholders . The corporation , in such matters , is represented by the former and not by the latter . Such is one of the main objects of corporate existence . To the directors is given the management and ...
Page 89
... directors of the bank to take measures to prevent the collection of the tax . " * The material allegations , except the unconstitutionality of the law , and the application to the directors to prevent the collection of the tax , were ...
... directors of the bank to take measures to prevent the collection of the tax . " * The material allegations , except the unconstitutionality of the law , and the application to the directors to prevent the collection of the tax , were ...
Page 91
... directors , who were defendants , although some of the shareholders had taken shares in the steam - packet company . It was contended in this case that the corporation might pledge , without limit , the funds of the com- pany for the ...
... directors , who were defendants , although some of the shareholders had taken shares in the steam - packet company . It was contended in this case that the corporation might pledge , without limit , the funds of the com- pany for the ...
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Common terms and phrases
act of incorporation action agreement alleged amount Appeal applied articles of association authority Bank bill body bridge by-laws capital stock certificate charter choses in action claimed commissioners common law conferred constitution construction contract corporate existence corporate powers corporation sole court of equity created creditors Dartmouth College debts declared defendant demurrer directors election estopped estoppel executed exercise fact facto filed formed franchise funds grant held individual infra interest issued judgment Justice legislative legislature liability Mass ment natural persons nature number of shares officers Ohio St opinion organization paid parties partnership persons Perun plaintiff plaintiff in error poration private corporation privileges purpose question quo warranto Railroad Company rule says shareholders special act statute stockholders subscribed subscription sued supra SUPREME COURT tion trustees valid vested
Popular passages
Page 146 - A corporation is an artificial being, invisible, intangible, and existing only in contemplation of law. Being the mere creature of law, it possesses only those properties which the charter of its creation confers upon it. either expressly, or as incidental to its very existence.
Page 451 - In the following cases, every agreement shall be void unless such agreement, or some note or memorandum thereof [expressing the consideration], be in writing, and subscribed by the party to be charged therewith.
Page 317 - ... all the navigable waters of said state, shall be common highways and forever free, as well to the inhabitants of said state as to all other citizens of the United States, without any tax, duty, impost or toll therefor.
Page 348 - Corporations may be formed under general laws; but shall not be created by special act, except for municipal purposes, and in cases where, in the judgment of the Legislature, the objects of the corporation cannot be attained under general laws. All general laws and special acts passed pursuant to this section, may be altered from time to time or repealed.
Page 29 - The franchise, roadway, roadbed, rails, and rolling stock of all railroads operated in more than one county...
Page 712 - On more than one occasion this court has expressed the cautious circum>pection with which it approaches the consideration of such questions; and has declared that in no doubtful case would it pronounce a legislative act to be contrary to the constitution.
Page 560 - It is, we think, a sound principle, that when a government becomes a partner in any trading company, it divests itself, so far as concerns the transactions of that company, of its sovereign character,, and takes that of a private citizen.
Page 359 - No private or local bill, which may be passed by the Legislature, shall embrace more than one subject, and that shall be expressed in the title.
Page 328 - The General Assembly shall not pass local or special laws in any of the following enumerated cases...
Page 343 - The Legislature shall have no power to pass any act granting any special charter for banking purposes ; but corporations or associations may be formed for such purposes under general laws.