 In addition to the powers enumerated in the first section of this title, and to those expressly given in its charter, or in the act under which it is, or shall be, incorporated, no corporation shall possess or exercise any corporate powers, except such...  Commentaries on American Law - Page 365by James Kent - 1858Full view - About this book
 | Austin Abbott - Civil procedure - 1883 - 602 pages
...consolidated only by enabling statutes. " No corporation shall possess or exercise any corporate powers, except such as shall be necessary to the exercise of the powers so enumerated and given" (1 M. 8. 600, § 3 ; same stat. 1 Id. 7th ed. 1531). Before proceeding to discuss the questions involved... | |
 | New York (State) - Insurance law - 1883 - 342 pages
...which it is or shall be incorporated, no corporation shall possess or exercise any corporate powers, except such as shall be necessary to the exercise of the powers so enumerated and given. Moss v. The Rossie Lead Mining Co., 5 Hill, 137; Feeny v. People's Fire Ins. Co., 2 Robt. 600 ; People... | |
 | Law reports, digests, etc - 1922 - 1158 pages
...which it shall be incorporated, but no corporation shall possess or exercise any corporate powers, except such as shall be necessary to the exercise of the powers so enumerated." The statutes of this state, with reference to the power of domestic or foreign corporations to acquire... | |
 | Robert Stewart Morrison - Mining law - 1884 - 778 pages
...those expressly given in its charter, it should not possess nor exercise any, except such as should be necessary to the exercise of the powers so enumerated and given: 1 RS 600, sec. 3. Plainly a mining corporation, for the exercise of its power of mining in its lands,... | |
 | New York (State). Board of Railroad Commissioners - Railroads - 1885 - 694 pages
...which it is or shall be incorporated, no corporation shall possessor exercise any corporate powers, except such as shall be necessary to the exercise of the powers so enumerated and given. Exercise of banking powers prohibited. § 4. No corporation created, or to be created, and not expressly... | |
 | United States. Census Office. 10th Census, 1880 - United States - 1885 - 742 pages
...be specified in the certificate; but no corporation shall possess or exercise any corporate powers, except such as shall be necessary to the exercise of the powers so enumerated. SEC. 282. Any person who shall willfully or maliciously damage or interfere with any road, ditch, flume,... | |
 | Horace Gay Wood - Railroad law - 1885 - 756 pages
...corporate existence, the powers expressly conferred on a particular corporation, and those which may be necessary to the exercise of the powers so enumerated and given, must be construed as n prohibition of any acts not within the scope of the powers permitted, and a>... | |
 | Victor Morawetz - Corporation law - 1886 - 642 pages
...under which it shall be incorporated, no corporation shall possess or exercise any corporate powers except such as shall be necessary to the exercise of the powers so enumerated and given " ; 1 but it has never been held that corporate acts aud contracts in violation of this prohibition... | |
 | Law reports, digests, etc - 1911 - 1146 pages
...that section 3 of the corporation act of 1S9C, in providing that no corporation should possess "powers except such as shall be necessary to the exercise of the powers so enumerated and given," meant indispensable powers; but It was decided that the word "necessary" did not mean "Indispensable."... | |
 | California. Supreme Court - Law reports, digests, etc - 1886 - 744 pages
...certificate of incorporation, if they be such as are authorized by law, but, also, such other powers " as shall be necessary to the exercise of the powers so enumerated and given." It results that in determining whether a given act is within the power of the corporation, we must... | |
| |
