 | United States. Supreme Court - Law reports, digests, etc - 1824 - 990 pages
...government becomes a partner in any trading company, it de vests itself, so far as concerns the transactions of that company, of its sovereign character, and takes...takes the character which belongs to its associates, and to the business which is to be transacted. Thus, many States of this Union who have an interest... | |
 | United States. Supreme Court - Law reports, digests, etc - 1824 - 952 pages
...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 takes that of a private citizen. Instead of communicati.ig to the company its privileges and its prerogatives, it descends to a level with, those... | |
 | Joseph Blunt - History - 1835 - 624 pages
...becomes a partner in any trading company, it devests itself, so far at it concerns [he transactions of that company, of its sovereign character, and takes...it associates itself, and takes the character which belong) to its associates, and to the business which is to be transacted. Thus, many states of the... | |
 | Joseph Story - Constitutional history - 1833 - 800 pages
...character, and takes that of a private citizen. Instead of communicating to the company its privileges and prerogatives, it descends to a level with those, with...takes the character, which belongs to its associates, and to the business, which is transacted. Thus, many states in the Union, which have an interest in... | |
 | Joseph Blunt - History - 1830 - 628 pages
...becomes a partner in »ny trading company, it devests itself, so far as it concerns the transactions of that company, of its sovereign character, and takes...takes the character which belongs to its associates, and to the business which is to be transacted. Thus, many states of the union which have an interest... | |
 | James Madison Porter - Charters - 1837 - 72 pages
...government becomes a partner in a 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." " The same may be affirmed of insurance, canal, bridge, and turnpike companies, &c. The same may also... | |
 | Indiana. General Assembly. Senate - Indiana - 1837 - 868 pages
...government becomes a partner, in a 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." Bank of South Carolina vs. Gihbs, 3 M'Cord's Reports 377— State Bank of North Carolina vs. Clark,... | |
 | United States. Supreme Court - Law reports, digests, etc - 1837 - 696 pages
...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." In the present case, the legislature expressly prohibited any partnership, or participation with other... | |
 | Pennsylvania. Constitutional Convention - Constitutional conventions - 1838 - 398 pages
...government becomes a partner in a trading company, it diverts itself, so far as concerns the transactions of that company, of its sovereign character, and takes that of a private citizen." Again, they say in the same case, page 908. "The government of the Union held shares in the old Bank... | |
 | John Marshall - Constitutional law - 1839 - 762 pages
...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 takes...takes the character which belongs to its associates, and to the business which is to be transacted. Thus, many states of this union, who have an interest... | |
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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. Instead of communicating... 
