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Bøker Bok 9191 av 91Where a corporation is incompetent by its charter to take a title to real estate,...
" 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. "
The Doctrine of Ultra Vires: Illustrated and Explained by Selected Cases ... - Side 91
av George Washington Field - 1881 - 600 sider
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Congressional Serial Set

1882
...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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