The Modern Law of General Business Corporations in Michigan: Including Commentaries and Annotated Acts with Forms, the Consolidated Corporation Law, the Partnership Associations, Limited Law, the Foreign Corporation Law,Drake Law Book Company, 1909 - 448 páginas |
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Página 6
... absence of fraud , attack their validity in collateral proceedings , even though the corporation may have had a good defense which was not interposed22 . A further illustration of the failure of the fiction of corporate unity arises in ...
... absence of fraud , attack their validity in collateral proceedings , even though the corporation may have had a good defense which was not interposed22 . A further illustration of the failure of the fiction of corporate unity arises in ...
Página 21
... absence of express legislative authority . For example , a corporation or- ganized to construct and operate a railroad cannot engage in banking , unless authorized3 . 1. Thompson V. Waters , 25 Mich . 214-227 . In this case Chief ...
... absence of express legislative authority . For example , a corporation or- ganized to construct and operate a railroad cannot engage in banking , unless authorized3 . 1. Thompson V. Waters , 25 Mich . 214-227 . In this case Chief ...
Página 23
... absence of a charter prohibition forbidding it , there is no reason why the stock ( of the corporation itself ) should not be purchased , at least with the profits derived from the business of the corporation , where all the ...
... absence of a charter prohibition forbidding it , there is no reason why the stock ( of the corporation itself ) should not be purchased , at least with the profits derived from the business of the corporation , where all the ...
Página 24
... absence of statutory restrictions , a corporation may pledge , mortgage , or otherwise transfer its property , like a natural person . Under the laws of Michigan , an individual may prefer one creditor over another , and corporations ...
... absence of statutory restrictions , a corporation may pledge , mortgage , or otherwise transfer its property , like a natural person . Under the laws of Michigan , an individual may prefer one creditor over another , and corporations ...
Página 37
... absence of a clear rati- fication28 . An exception to the rule of corporate liability for torts obtains in favor of charitable institutions . Corporations administering charitable trusts , such as churches and hospitals , are not liable ...
... absence of a clear rati- fication28 . An exception to the rule of corporate liability for torts obtains in favor of charitable institutions . Corporations administering charitable trusts , such as churches and hospitals , are not liable ...
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Outras edições - Ver todos
The Modern Law of General Business Corporations in Michigan: Including ... Burritt Hamilton Prévia não disponível - 2017 |
The Modern Law of General Business Corporations in Michigan: Including ... Burritt Hamilton Prévia não disponível - 2016 |
The Modern Law of General Business Corporations in Michigan: Including ... Burritt Hamilton Prévia não disponível - 2017 |
Termos e frases comuns
absence action amendment amount articles of association Ass'n assets Attorney authority bona fide by-laws capital stock certificate charter Circuit Judge Consolidated Corporation Law-Section constitutional contract Cook's Corp corporate existence Corporation Law-Section Relating corporation organized court creditors cumulative voting debts defendant Detroit Detroit Driving directors dividend Doug enabling act equity estopped estoppel execution exercise fact facto foreign corporation franchises fraud held holders incorporators Iron issue Kalamazoo Law.-Section Relating legislative legislature liability lien limited managers Marshall's Corp ment Michigan Michigan Trust Co mortgage National Bank natural persons notice Oakland County officer or agent paid parties Partnership Associations payment pledge poration preferred stock purchase purpose quo warranto record repeal River Raisin rule Savings Bank Secretary Section service of process shares statement statute statutory stockholders subscribed subscription suit thereof tion transaction transfer trust ultra vires valid valuation vote
Passagens mais conhecidas
Página 218 - ... file in the office of the secretary of state, and also in the office of the clerk of the county in which the...
Página 345 - ... the seal affixed to said instrument is the corporate seal of said corporation (or association), and that...
Página 296 - The term corporations as used in this article, shall be construed to include all associations and joint stock companies having any of the powers or privileges of corporations not possessed by individuals or partnerships.
Página 266 - ... for as many persons as there are directors or managers to be elected, or to cumulate said shares and give one candidate as many votes as the number of directors multiplied by the number of his shares of stock shall equal, or to distribute them, on the same principle, among as many candidates as he shall think fit; and such directors or managers shall not be elected in any other manner...
Página 258 - Provided always, that no such execution shall issue against any shareholder except upon an order of the Court in which the action, suit, or other proceeding shall have been brought or instituted, made upon motion in open court after sufficient notice in writing to the persons sought to be charged ; and upon such motion such Court may order execution to issue accordingly...
Página 258 - If any execution, either at law or in equity, shall have been issued against the property or effects of the company, and if there cannot be found sufficient whereon to levy such execution, then such execution may be issued against any of the shareholders to the extent of their shares respectively in the capital of the company not then paid up...
Página 149 - All corporations, whether they expire by their own limitation, or are otherwise dissolved, shall nevertheless be continued for the term of three years from such expiration or dissolution bodies corporate for the purpose of prosecuting and defending suits by or against them, and of enabling them gradually to settle and close their...
Página 186 - The Certificate of Incorporation may also contain any provision which the incorporators may choose to insert for the management of the business and for the conduct of the affairs of the corporation, and any provisions creating, defining, limiting and regulating the powers of the corporation, the directors and the stockholders, or any class...
Página 214 - ... in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property purchased shall be conclusive...
Página 42 - Where a corporation is incompetent by its charter to take a title to real estate, a conveyance to it is not void, but only voidable, and the sovereign alone can object. It is valid until assailed in a direct proceeding instituted for that purpose.