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A Selection of Cases on the Law of Private Corporations
Leslie Jay Tompkins
Uten tilgangsbegrensning - 1908
accepted action agents agreement alleged amount appears applied association authority bank become bill body bridge by-law called capital stock carry certificate charter claim common condition consideration constitution construction contract corporation court created creditors debts decision defendant directors dividends duty effect entered entitled equity evidence executed exercise existence express fact follows franchise further give given granted ground held hold holder incorporation individual intended interest issued judgment land legislature liability limited matter meeting nature necessary notice object officers opinion organized owner paid parties passed payment persons plaintiff present principle privileges provisions purchase question Railroad reason received relation Reports respect road rule shareholders shares statute stockholders subscribers subscription suit taken tion transaction transfer trust United valid vote
Side 263 - Under pretense of regulating fares and freights, the state cannot require a railroad corporation to carry persons or property without reward; neither can it do that which in law amounts to a taking of private property for public use without just compensation, or without due process of law.
Side 129 - ... no civil suit shall be brought before either of said courts against any person by any original process or proceeding in any other district than that whereof he is an inhabitant, but where the jurisdiction is founded only on the fact that the action is between citizens of different States, suit shall be brought only in the district of the residence of either the plaintiff or the defendant...
Side 37 - 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.
Side 342 - ... in trust or otherwise, more than one-half part of his or her estate, after the payment of his or her debts, and such devise or. bequest shall be valid to the extent of one-half, and no more.
Side 84 - No county, city, town or village shall hereafter give any money or property, or loan its money or credit to or in aid of any individual, association or corporation, or become directly or indirectly the owner of stock in, or bonds of, any association or corporation ; nor shall any such county, city, town or village be allowed to incur any indebtedness except for county, city, town or village purposes.
Side 425 - The directors may delegate any of their powers to committees consisting of such member or members of their body as they think fit : any committee so formed shall, in the exercise of the powers so delegated, conform to any regulations that may be imposed on them by the directors.
Side 480 - To exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on personal security; and by obtaining, issuing, and circulating notes according to the provisions of this title.
Side 343 - To hold, purchase and convey such real and personal estate, as the purposes of the corporation shall require, not exceeding the amount limited in its charter:
Side 710 - ... shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of euch association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares.