Handbook of the Law of Private CorporationsWest Publishing Company, 1897 - 729 páginas |
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Página 5
... debts and duties , and of enjoying a varie ty of civil and political rights . One of the peculiar properties of a cor- poration is the power of perpetual succession ; for , in judgment of law , it is capable of indefinite duration . The ...
... debts and duties , and of enjoying a varie ty of civil and political rights . One of the peculiar properties of a cor- poration is the power of perpetual succession ; for , in judgment of law , it is capable of indefinite duration . The ...
Página 7
... debts.1 And the cor- poration , and not the individual members , must bring trover for con- version of its property , 13 or replevin to recover possession of the same.11 And the members of a corporation have no power to sell or convey ...
... debts.1 And the cor- poration , and not the individual members , must bring trover for con- version of its property , 13 or replevin to recover possession of the same.11 And the members of a corporation have no power to sell or convey ...
Página 11
... debts and property of the company and of the stock- holders in their capacity as individuals . All fictions of law have been introduced for the purpose of convenience , and to subserve the ends of justice . It is in this sense that the ...
... debts and property of the company and of the stock- holders in their capacity as individuals . All fictions of law have been introduced for the purpose of convenience , and to subserve the ends of justice . It is in this sense that the ...
Página 13
... debts of the corporation beyond the amount of their respective proportions of the capital . ( c ) Power to purchase and hold real estate . ( d ) Power to use a common seal . ( e ) Power to make by - laws . 8. The distinguishing ...
... debts of the corporation beyond the amount of their respective proportions of the capital . ( c ) Power to purchase and hold real estate . ( d ) Power to use a common seal . ( e ) Power to make by - laws . 8. The distinguishing ...
Página 18
... debts of the association . In the case of a partnership , at common law , each member is personally liable for all the debts of the firm , after the joint assets have been exhausted . In the case of a corporation , at common law , the ...
... debts of the association . In the case of a partnership , at common law , each member is personally liable for all the debts of the firm , after the joint assets have been exhausted . In the case of a corporation , at common law , the ...
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Termos e frases comuns
action agent agreement articles of association Ass'n association Bank binding by-laws capital stock certificate charter choses in action common law Conn constitutional Corp corporate existence corporation de facto court of equity creditors Cumming debts declared directors dividend doctrine estopped estoppel expressly foreign corporation forfeiture franchises fraud Gray Mass held hold holders incorporation individual insolvent Insurance issued jurisdiction legislature liability Manuf'g Minn mortgage N. J. Eq N. J. Law natural person officers Ohio St organized paid par value party payment poration Post preferred stock Priv profits prohibited provision purchase purpose quo warranto Railroad Co railroad company Railway rule shareholder Shep statute statutory stockholders subscriber subscription supra Tenn tion transaction transfer trust Turnpike Turnpike Co ultra vires unless valid void vote W. D. Smith weight of authority
Passagens mais conhecidas
Página 4 - 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.
Página 474 - ... 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 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 shall not be elected in any other manner.
Página 612 - But the privileges and immunities secured to citizens of each state in the several states by the provision in question are those privileges and immunities which are common to the citizens in the latter states under their constitution and laws by virtue of their being citizens.
Página 306 - But the rule of law is clear, .that, where one by his words or conduct wilfully causes another to believe the existence of a certain state of things, and induces him to act on that belief, so as to alter his own previous position, the former is concluded from averring against the latter a different state of things as existing at the same time...
Página 612 - They may exclude the foreign corporation entirely; they may restrict its business to particular localities, or they may exact such security for the performance of its contracts with their citizens as in their judgment will best promote the public interest. The whole matter rests in their discretion.
Página 183 - It is now very well settled that a corporation cannot avail itself of the defense of ultra vires when the contract has been, in good faith, fully performed by the other party, and the corporation has had the full benefit of the performance and of the contract.
Página 30 - 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.
Página 630 - It must dwell in the place of its creation, and cannot migrate to another sovereignty.
Página 395 - Or where the majority of the shareholders themselves are oppressively and illegally pursuing a course in the name of the corporation, which is in violation of the rights of the other shareholders, and which can only be restrained by the aid of a court of equity.
Página 209 - If the public safety or the public morals require the discontinuance of any manufacture or traffic, the hand of the Legislature cannot be stayed from providing for its discontinuance, by any incidental inconvenience which individuals or corporations may suffer. All rights are held subject to the police power of the State.