 | Kansas. Supreme Court, Elliot V. Banks, William Craw Webb, Asa Maxson Fitz Randolph, Gasper Christopher Clemens, Thomas Emmet Dewey, Llewellyn James Graham, Oscar Leopold Moore, Earl Hilton Hatcher, Howard Franklin McCue - 1905 - 1060 sider
...Where usurious interest is contracted for, a forfeiture is prescribed and explicitly defined.' Again: 'Where a corporation is incompetent by its charter...a direct proceeding, instituted for that purpose.' "In National Bank v. Whitney, 103 US 99, 103 [26 L. Ed. 443] , which involved the validity of a mortgage... | |
 | Wisconsin. Supreme Court, Abram Daniel Smith, Philip Loring Spooner, Obadiah Milton Conover, Frederic King Conover, Frederick William Arthur, Frederick C. Seibold - 1898 - 776 sider
...the United States, reversing the supreme court of the state of Missouri, laid down the rule that, " where a corporation is incompetent by its charter...only voidable, and the sovereign alone can object;" that "it is valid until assailed by a direct proceeding instituted for that purpose "by the government;... | |
 | United States. Congress. House - 1216 sider
...Matneics, 98 US, p. 058, the conrt recognized the doctrine that, "where »corporation is incompétent by its charter to take a title to real estate, a conveyance...voidable, and the sovereign alone can object. It is valid unless assailed in » direct proceeding instituted for that purpose." INTEREST — Continued. HI. In... | |
 | South Dakota. Supreme Court - 1894 - 748 sider
...of litigation and judicial decision. * * * When a corporation is incompetent by its charter to take title to real estate, a conveyance to it is not void...sovereign alone can object. It is valid until assailed by direct proceeding instituted for that purpose. * * * * The impending danger of judgment of ouster... | |
 | Illinois. Supreme Court - 1907 - 720 sider
...622, and cases therein cited, do not support such proposition. The principle of those cases is, that where a corporation is incompetent, by its charter,...to real estate, a conveyance to it is not void, but voidable only, and that the sovereign alone can object; that the conveyance is valid unless assailed... | |
 | United States. Supreme Court - 1901 - 1444 sider
...such foreign corporation before It has acquired the right to do busiamta the State, IB not imposed. *. Where a corporation is incompetent by Its charter to take a title to real estate, a conveyance to it k not void, but only voidable, and the sovereign alone can object. It is valid until assailed in «... | |
 | 1888 - 964 sider
...Co. v. Lewis, (Iowa,) 4 NW Rep. 842. When a corporation is incompetent by its charter to take a legal title to real estate, a conveyance to it is not void, but only voidable, and the sovereign only can object. It is valid until assailed in a direct proceeding for that purpose. Land Co. v. Bushnell,... | |
 | 1882 - 1324 sider
...court recognized the doctrine that, "where a corporation is incompetent by its charter to take at{|b- to real estate, a conveyance to it is not void, but only voidable, I. The want of power of a bank, or of it« trustee (receiver) in insolvency, to purchase and hold real... | |
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Where a corporation is incompetent by its charter to take a title to real estate, a conveyance to it is not void, but only voidable, and the sovereign alone can object. It is valid until assailed in a direct proceeding instituted for that purpose. 
