A contract of a corporation, which is ultra vires, in the proper sense, that is to say, outside the object of its creation as defined in the law of its organization, and therefore beyond the powers conferred upon it by the Legislature, is not voidable... The Southeastern Reporter - Página 991904Visualização completa - Sobre este livro
| Kentucky. Court of Appeals, James Hughes, Achilles Sneed, Martin D. Hardin, George Minos Bibb, Alexander Keith Marshall, William Littell - 1912 - 970 páginas
...object of its creation as defined in the law of its organization, and, therefore, beyond the powers conferred upon it by the Legislature, is not voidable...not to have made it, but that it could not make it. Such a contract can not be ratified by either party, because it could not have been authorized by either.... | |
| Illinois. Supreme Court - 1916 - 720 páginas
...contract, having received the benefits of it, cannot be heard to interpose the defense of ultra vires. "The objection to the contract is, not merely that...make it. The contract cannot be ratified by either party because it could not have been authorized by either. No performance on either side can give the... | |
| Illinois. Supreme Court - 1907 - 714 páginas
...voidable, but is wholly void and without any legal effect. The objection to the contract in such case is not merely that the corporation ought not to have made it, but that it could not make it. Such a contract cannot be ratified by either party, because it could not have been authorized by either... | |
| 1899 - 2058 páginas
...organization, and therefore beyond the powers conferred upon it by the legislature. Such a contract is not voidable only, but wholly void, and of no legal...make it. The contract cannot be ratified by either party, because it could not have been authorized by either. No performance on either side conld give... | |
| United States. Supreme Court - 1896 - 1244 páginas
...object of its creation, as defined In the law of its organization,— and therefore beyond the powers conferred upon It by the legislature, Is not voidable...not to have made It but that It could not make it Such a contract cannot be ratified by either party, because it could not have been authorized by either.... | |
| 1913 - 1390 páginas
...the object of its creation as defined in the law of its organization, and therefore beyond the powers conferred upon It by the Legislature), is not voidable...make It. The contract cannot be ratified by either party, because It could not have been authorized by either. No performance on either side can give... | |
| 1912 - 1332 páginas
...the object of its creation as defined In the law of its organization, and therefore beyond the powers conferred upon it by the Legislature — Is not voidable...not to have made It, but that it could not make it. Such a contract cannot be ratified by either party, because It could not have been authorized by either.... | |
| 1918 - 1332 páginas
...voidable, but is wholly void and without any legal effect. The objection to the contract in such case is not merely that the corporation ought not to have made it, but that it could not make it. Such a contract cannot be ratified by either party, because it could not have been authorized by either... | |
| 1903 - 1258 páginas
...the object of its creation as defined in the law of its organization, and therefore beyond the powers conferred upon it by the legislature) is not voidable...make it. The contract cannot be ratified by either party, because it could not have been authorized by either. No and 112 New York State Reporter performance... | |
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