Cases on Private Corporations |
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Page 31
... decision of the case last above referred to , the C. P. and A. Co. conveyed the land which had been conveyed to it by Mrs. Ashley to a new corporation called the Alcatraz Asphalt Company , but did not assign to the latter the said lease ...
... decision of the case last above referred to , the C. P. and A. Co. conveyed the land which had been conveyed to it by Mrs. Ashley to a new corporation called the Alcatraz Asphalt Company , but did not assign to the latter the said lease ...
Page 32
... decision , a third corporation was formed under the laws of West Virginia , -to wit , the defendant herein , the ... decisions of this court in the two cases above referred to as declaring the law applicable to those two cases ; and we ...
... decision , a third corporation was formed under the laws of West Virginia , -to wit , the defendant herein , the ... decisions of this court in the two cases above referred to as declaring the law applicable to those two cases ; and we ...
Page 44
... decision , the surveyor of taxes appealed to the Court of Appeal . In affirming the opinion of the court below : COZENS - HARDY , M. R. - The German company was established in Germany in 1900 in accordance with German law . It was ...
... decision , the surveyor of taxes appealed to the Court of Appeal . In affirming the opinion of the court below : COZENS - HARDY , M. R. - The German company was established in Germany in 1900 in accordance with German law . It was ...
Page 64
... decision . As to the first question . When it is borne in mind that the suit was brought by the Government to ... decision . While that decision expressly held that stock ownership by a rail- road company in a bona fide corporation ...
... decision . As to the first question . When it is borne in mind that the suit was brought by the Government to ... decision . While that decision expressly held that stock ownership by a rail- road company in a bona fide corporation ...
Page 80
... decision had been made , and not be- cause it was thought to be right . We have already said that the case of Bank of Vicksburg and Slocomb , 14 Peters , was most re- luctantly given , upon mere authority . We are now called upon , upon ...
... decision had been made , and not be- cause it was thought to be right . We have already said that the case of Bank of Vicksburg and Slocomb , 14 Peters , was most re- luctantly given , upon mere authority . We are now called upon , upon ...
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Common terms and phrases
action affirmed agent agreement alleged amount appellant appellee applied articles of association assets association authority bill board of directors bonds by-laws capital stock certificate cestuis que trust charter Circuit Court claim complainant contract court of equity creditors debt decision declared deed defendant demurrer dividend doctrine duty enforce entitled equity estopped estoppel executed exercise existence fact filed franchise fraud held hold holders incorporation individual interest issued judgment justice lease liability Mass memorandum of association ment mortgage N. J. Eq National Bank officers organized owner paid pany par value parties partnership payment persons Perun plaintiff plaintiff in error poration preferred stock provisions purchase purpose question railroad company railway received referred rule secure shareholders statute stockholders subscribed subscription suit thereof tion transaction transfer trust ultra vires valid void vote
Popular passages
Page 69 - A corporation is an artificial being, invisible, intangible, and existing only in contemplation of law. Being the mere creature of law, it possesses only those properties which the charter of its creation confers upon it, either expressly or as incidental to its very existence.
Page 655 - ... that the plaintiff was a shareholder at the time of the transaction of which he complains or that his share thereafter devolved on him by operation of law...
Page 719 - ... purchase, hold, sell, assign, transfer, mortgage, pledge or otherwise dispose of the shares of the capital stock of, or any bonds, securities or evidences of indebtedness created by any other corporation or corporations of this or any other state, and while owner of such stock may exercise all the rights, powers and privileges of ownership, including the right to vote thereon.
Page 627 - No corporation shall issue stock or bonds, except for money paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void.
Page 335 - The principle of public policy is this : Ex dolo malo non oritur actio. No court will lend its aid to a man who founds his cause of action upon an immoral or an illegal act.
Page 151 - A paper is said to be filed when it is delivered to the proper officer, and by him received, to be kept on file.
Page 635 - Any corporation formed under this act may purchase mines, manufactories or other property necessary for its business, or the stock of any company or companies owning, mining, manufacturing or producing materials, or other property necessary for its business, and issue stock to the amount of the value thereof in payment therefor...
Page 21 - When construing and enforcing the provisions of this act, the act, omission, or failure of any officer, agent, or other person acting for or employed by any...
Page 125 - Every such increase or reduction must be authorized either by the unanimous consent of the stockholders, expressed in writing and filed in the office of the secretary of state and in the office of the clerk of the county in which the...
Page 335 - Cowper, 341, decided in 1775, that "the objection that a contract is immoral or illegal as between the plaintiff and defendant, sounds at all times very ill in the mouth of the defendant. It is not for his sake, however, that the objection is ever allowed ; but it is founded in general principles of policy, which the defendant has the advantage of, contrary to the real justice, as between him and the plaintiff, by accident, if I may so say.