 | New York (State). Court of Chancery - Equity - 1846 - 750 pages
...prohibited by law, or the provisions of its charter. Upon this principle, and to the extent stated, a corporation in order to attain its legitimate objects,...individual may who seeks to accomplish the same ends. If chartered for the purpose of building a bridge, it may contract a debt for the labor, the materials,... | |
 | New York (State). Court of Appeals, George Franklin Comstock, Henry Rogers Selden, Francis Kernan, Erasmus Peshine Smith, Joel Tiffany, Edward Jordan Dimock, Samuel Hand, Hiram Edward Sickels, Louis J. Rezzemini, Edmund Hamilton Smith, Edwin Augustus Bedell, Alvah S. Newcomb, James Newton Fiero - Law reports, digests, etc - 1864 - 674 pages
...precise doctrine of the case is stated in the following language of the assistant vice-chancellor : " A corporation, in order to attain its legitimate objects,...individual may who seeks to accomplish the same ends. If chartered for the purpose of building a bridge, it may contract a debt for labor, the materials,... | |
 | William A. Shinn - Bankruptcy - 1874 - 662 pages
...to borrow money, or to become a party to negotiable paper. (Angell & Ames on Corporations, section 257.) A corporation, in order to attain its legitimate...York, 9, 62; Smith v. Law, 21 id. 296, 298, 299.) In the present case, the evidence shows that the notes spoken of in the petition as commercial paper,... | |
 | Law reports, digests, etc - 1882 - 634 pages
...Insurance Co. v. Robinson, 25 Indiana, 536. Trustees of the Church v. F. Ins. Co., 19 NY Ct. of App. 311. 'A corporation, in order to attain its legitimate...pay the debt in any form not prohibited by statute. Hercules Mutual Life Ins. Co., 6 Ben. 37. Union Bank v. Jacobs, 6 Humph. Rep. 525. Miller v. RR Co.,... | |
 | Orlando Bump - Bankruptcy - 1877 - 1050 pages
...become a party 'to negotiable paper. A corporation, in order to attain its legitimate objects,'may deal precisely as an individual may who seeks to accomplish the same ends, and th s includes the power to borrow money for use in its legitimate business, and the power to give a... | |
 | Law reports, digests, etc - 1884 - 1912 pages
...legitimately purchase, why could it not, like an individual purchaser, mortgage to secure the price? A corporation, in order to attain its legitimate objects, may deal precisely as can an individual who seeks to accomplish the same ends, unless it is prohibited by law to incur obligations... | |
 | New York (State). Court of Appeals, Erasmus Peshine Smith, George Franklin Comstock, Henry Rogers Selden, Francis Kernan, Joel Tiffany, Samuel Hand - Law reports, digests, etc - 1881 - 702 pages
...procured upon their corporate bonds. These were held valid, upon the clearly announced doctrine, that a corporation, in order to attain *its legitimate objects, may deal precisely as an individual imy, who seeks to accomplish the same ' ends. " If chartered for the purpose of building a bridge,... | |
 | 1885 - 696 pages
...cases cited. In Barry vs. Merchants' Exchange Co., 1 Sandf., ch. '289, Vice Chancellor Sandford said: "A corporation, in order to attain its legitimate...individual may who seeks to accomplish the same ends." A variety of instances illustrative of this rule may be met with in the authorities, where a corporation,... | |
 | United States. Circuit Court (2nd Circuit) - Law reports, digests, etc - 1885 - 646 pages
...legitimately purchase, why could it not, like an individual purchaser, mortgage to secure the price ? A corporation, in order to attain its legitimate objects, may deal precisely as can an individual who seeks to accomplish the same ends, unless it is prohibited by law to incur obligations... | |
 | Law - 1885 - 548 pages
...legitimately purchase, why could it not, like an individual purchaser, mortgage to secure the price? A corporation, in order to attain its legitimate objects, may deal precisely as can an individual who seeks to accomplish the same ends, unless it is prohibited by law to incur obligations... | |
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Upon this principle, and to the extent stated, a corporation in order to attain its legitimate objects, may deal precisely as an individual may who seeks to accomplish the same ends. 
