 | Illinois State Board of Health - Public health - 1885 - 692 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 objects, may deal precisely aß an individual may who seeks to accomplish the same ends." A variety of instances illustrative of... | |
 | Horace Gay Wood - Railroad law - 1885 - 758 pages
...legitimately purchase, why could it not, like an individual purchaser, mortgage to secure tie price ? A corporation , in order to attain its legitimate objects, may deal precisely a« can an individual who seeks to accomplish the same ends, unless it is prohibited Ьт law to incur... | |
 | John Warwick Daniel - Negotiable instruments - 1886 - 1054 pages
...doctrine on this subject was well stated in a New York case, where Vice-Chancellor Sandford said : " 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,... | |
 | California. Supreme Court - Law reports, digests, etc - 1886 - 766 pages
...104, 111 ; Talman v. Rochester City Bank, 18 Barb. 123 ; Angell & Ames on Corporations, sec. 271.) " A corporation, in order to attain its legitimate objects, may deal precisely as an individual who seeks to accomplish the same ends." (Green's Brice's Ultra Vires, 121, note; Stewart v. Erie &c.... | |
 | Law reports, digests, etc - 1891 - 424 pages
...as to the right of corporations in respect of such paper. Daniel, vol. 1, ch. 13, par. 382, says : " 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 labour, the materials,... | |
 | Illinois. Appellate Court, James Bolesworth Bradwell - Law reports, digests, etc - 1892 - 732 pages
...it is said: "Upon this principle, and to the extent Millard v. St. Francis Xavier Academy. stated, a corporation, in order to attain its legitimate objects,...precisely as an individual may who seeks to accomplish the some ends. If chartered for the purpose of building a bridge, it may contract a debt for the labor,... | |
 | Marcus Tullius Hun - Law reports, digests, etc - 1876 - 780 pages
...orders for money on deposit in another bank. (Curtis v. Leavitt, 15 NY, 9; Morse on Banking, 4-6.) A corporation, in order to attain its legitimate objects,...individual may who seeks to accomplish the same ends. (Smith v. Law, 21 NY, 298, 299.) Even had the instrument been ultra vires, the defendant cannot insist... | |
 | Orlando Bump - Bankruptcy - 1898 - 998 pages
...lilatch. 4:',: Baldwin v. Wilder, (i BU S"-. C'ontra. Mendonhall v. Carter, 7 1Î. It. I'llO. ness, and the power to give a time engagement to pay the debt in any form not prohibited by statute. lu re Hercules Ins. Co., 6 BR 338; sc tí Ben. 35; sc 5 LTB 400. The term commercial paper is used... | |
 | Canada - 1898 - 854 pages
...whether of lands or chattels (z). It has been well laid down by those Courts, as a general rule, that a corporation, in order to attain its legitimate objects, may deal precisely as an individual (v) James, LJ, at p. 87. (ui) Wilson v. West Hartlepool Ry. Co., 2 DJ & S. 475, 496. (T) LR 9 Ex. 2o4.... | |
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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. 
