Cases on the General Principles of the Law of Private Corporations, Volume 2 |
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Common terms and phrases
action agent alleged amendment amount Appeal applied assets authority bank become benefit bill bonds called capital stock carry cause certificate charter cited claim commerce common consideration constitution contract corporation court creditors debts defendant directors dividends doctrine duty effect enforce entitled equal equity evidence execution exercise existence express fact follows foreign franchise fraud fund give given granted ground held hold holder individual insolvent interest issued judgment Justice legislature liability limits Mass matter means nature necessary notice objection officers operation opinion original owner paid parties payment person plaintiff present principle provisions purchase question railroad Railway reason received relation remedy respect road rule shareholders shares Statement statute stockholders suit supra SUPREME COURT taken tion tort transfer trust United vote
Popular passages
Page 2040 - Protection by the government; the enjoyment of life and liberty, with the right to acquire and possess property of every kind, and to pursue and obtain happiness and safety; subject nevertheless to such restraints as the government may justly prescribe for the general good of the whole.
Page 1956 - 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 1276 - A charity, in the legal sense, may be more fully defined as a gift to be applied consistently with existing laws, for the benefit of an indefinite number of persons, either by bringing their minds or hearts under the influence of education or religion, by relieving their bodies from disease, suffering or constraint, by assisting them to establish themselves in life, or by erecting or maintaining public buildings or works, or otherwise lessening the burdens of government.
Page 1917 - It is too firmly established in the present day to be questioned that the capital stock of a corporation is a trust fund for the payment of its debts.
Page 1902 - And the said records and judicial proceedings, authenticated as aforesaid, shall have such faith and credit given to them in every court within the United States as they have by law or usage in the courts of the State from whence the said records are or shall be taken.
Page 1787 - To hold, purchase and convey such real and personal estate, as the purposes of the corporation shall require, not exceeding the amount limited in its charter:
Page 1999 - Dues from corporations shall be secured by such individual liability of the corporators, and other means, as may be prescribed by law.
Page 1514 - Will in solemn form of law, shall continue to possess the same rights and privileges, and be subject to the same liabilities with respect to costs, as heretofore...
Page 1362 - We hold, however, that the basis of all calculations as to the reasonableness of rates to be charged by a corporation maintaining a highway under legislative sanction must be the fair value of the property being used by it for the convenience of the public.
Page 1993 - Upon claims arising out of the same transaction, or transactions connected with the same subject of action, and not included within one of the foregoing subdivisions of this section.