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OF

ULTRA VIRES

ILLUSTRATED AND EXPLAINED BY SELECTED CASES, CLASSIFIED AND FULLY

ANNOTATED.

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By G. W. FIELD,

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A TREATISE ON THE LAW OF DAMAGES, A TREATISE ON THE
LAW OF PRIVATE CORPORATIONS," ETC., ETC.

DES MOINES:

MILLS & COMPANY, LAW PUBLISHERS.

1881.

Entered according to Act of Congress, in the year eighteen hundred

and eighty-one,

BY MILLS & COMPANY,

In the Office of the Librarian of Congress, at Washington.

369988

MILLS & COMPANY, STEREOTYPERS AND PRINTERË, DES MOINES, IOWA.

PREFACE.

THE importance of that branch of corporate law herein con'sidered is universally recognized by the profession. The selection and annotation of cases is now a popular mode of presenting the law, and it would appear to be especially the most convenient and useful mode of illustrating the doctrine of ULTRA VIRES, about which there is much conflict in the decisions, and the application of which is frequently more or less qualified, or restricted, by the facts and circumstances of dif ferent classes of cases.

The classification made in this volume, corresponding with the different chapters, will enable the practitioner to readily find the decisions bearing upon the case he may have under consideration, and the selected cases and notes will furnish him with the conflicting decisions, if any, and any limitation or modification of the doctrine in its application to the class of cases under consideration. For instance, Chapter III illustrates the application of the doctrine to the contracts and torts of corporate carriers. The selected cases in the chapter are in conflict, but the reasons in support of the adverse views will be there found, and the notes thereto will furnish a full citation of authorities bearing upon the question, and indicate which

side of the controversy has the preponderance of argument and authority.

Thus may be conveniently found in the various chapters a consideration, and illustration, of the application of the doctrine in all cases likely to be presented for professional investigation. G. W. FIELD.

Des Moines, September, 1881.

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