Cases on Private Corporations: Selected from Decisions of English and American Courts

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West Publishing Company, 1912 - Corporation law - 864 pages
 

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Page 563 - that the laws of the several States, except where the Constitution, treaties or statutes of the United States shall otherwise require or provide, shall be regarded as rules of decision in trials at common law in the courts of the United States, in cases where they apply.
Page 237 - We admit, as all must admit, that the powers of the government are limited, and that its limits are not to be transcended. But we think the sound construction of the Constitution must allow to the national legislature that discretion, with respect to the means by which the powers it confers are to be carried into execution, which will enable that body to perform the high duties assigned to it, in I the manner most beneficial to the people.
Page 84 - An unconstitutional act is not a law; it confers no rights ; it imposes no duties ; it affords no protection ; it creates no office ; it is, in legal contemplation, as inoperative as though it had never been passed.
Page 480 - ... 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 380 - 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 85 - 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 667 - Massachusetts, providing that every act of incorporation passed after a named day "shall be subject to amendment, alteration, or repeal, at the pleasure of the legislature.
Page 567 - ... he has exhausted all the means within his reach to obtain, within the corporation itself, the redress of his grievances, or action in conformity to his wishes.
Page 404 - 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 380 - 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.

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