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" 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. "
American Constitutional Law - Side 628
av John Innes Clark Hare - 1889 - 1400 sider
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Reports of Cases Argued and Adjudged in the Supreme Court ..., Volum 9;Volum 22

United States. Supreme Court - 1824 - 952 sider
...Planters' Bank of Georgia is not the State of Georgia, although the State holds an interest in it. It is, we think, a sound principle, that when a government becomes a partner in any trading company, it devests itself, so far as concerns the transactions of that company, of its sovereign character, and...
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Reports of Cases Determined in the Constitutional Court of South ..., Volum 4

David James McCord, South Carolina. Constitutional Court of Appeals - 1826 - 670 sider
...interest in it." " It is," he says, " a sound principle, that when a government becomes a partner in a trading company, it divests itself so far as concerns the transactions of that company, of its soverign character, and takes th it of a private citizen." I cannot distinguish that case from the...
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American Annual Register, Volum 2;Volum 4

Joseph Blunt - 1830 - 646 sider
...subject of an interest in the stock of a bank, the language of this court, in the case cited, is this : " It is, we think, a sound principle, that when a government becomes a partner in any trading company, it devests itself, so far as it concerns the transactions of that company, of its sovereign character,...
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The American Annual Register, Del 2

Joseph Blunt - 1835 - 624 sider
...subject of an interest in the stock of a bank, the language of this court, in the case cited, is this : " It is, we think, a sound principle, that when a government becomes a partner in any trading company, it devests itself, so far at it concerns [he transactions of that company, of its sovereign character,...
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Commentaries on the Constitution of the United States: With a ..., Volum 3

Joseph Story - 1833 - 800 sider
...1681. The reasoning, by which the general doctrine is maintained,' is to the following effect. It is a sound principle, that, when a government becomes...in any trading company, it divests itself, so far the persons really concerned in interest ; but it has never been suspected, that, if the executor be...
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The American Diplomatic Code Embracing a Collection of Treaties and ...

Jonathan Elliot - 1834 - 776 sider
...ExpatrimioB. yv Gillies— I Peters' CC it. 159. VS v. fPUKams—4 HalFs Law Journal, 461 CC Conn 1799 493. When a government becomes a partner in any trading...transactions of that company, of its sovereign character, and Sovereign,' takes that of a private citizen — Bank United Slates v. Planter's Bank of Georgia—...
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American Annual Register, Volum 2;Volum 4

Joseph Blunt - 1830 - 628 sider
...subject of an interest in the siock of a bank, the language of this court, in the case cited, is this : " It is, we think, a sound principle, that when a government becomes a partner in »ny trading company, it devests itself, so far as it concerns the transactions of that company, of...
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Reports of Cases Argued and Adjudged in the Supreme Court of the ..., Volum 36

United States. Supreme Court - 1837 - 696 sider
...Bank v. The Planters' Bank of Georgia, 9 Wheat. R. 904. "It is, (said the Court on that occasion,) we think, a sound principle, that when a government...sovereign character, and takes that of a private citizen." In the present case, the legislature expressly prohibited any partnership, or participation with other...
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Speech of James Madison Porter ...: In the Convention of Pennsylvania, on ...

James Madison Porter - 1837 - 72 sider
...an interest in it. It is, (he says,) a sound principle that when a government becomes a partner in a trading company, it divests itself, so far as concerns...sovereign character, and takes that of a private citizen." " The same may be affirmed of insurance, canal, bridge, and turnpike companies, &c. The same may also...
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Journal, Volum 22

Indiana. General Assembly. Senate - 1837 - 868 sider
...Wheaton's Reports 907) said: it is a sound principle that when a government becomes a partner, in a trading company, it divests itself, so far as concerns...sovereign character, and takes that of a private citizen." Bank of South Carolina vs. Gihbs, 3 M'Cord's Reports 377— State Bank of North Carolina vs. Clark,...
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