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" It is very true that a corporation can have no legal existence out of the boundaries of the sovereignty by which it is created. It exists only in contemplation of law, and by force of the law ; and where that law ceases to operate, and is no longer obligatory,... "
A Full and Arranged Digest of the Decisions in Common Law, Equity, and ... - Page 181
by Richard Peters - 1860
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Reports of Civil and Criminal Cases Decided by the ..., Volume 5; Volume 68

Kentucky. Court of Appeals, James Hughes, Achilles Sneed, Martin D. Hardin, George Minos Bibb, Alexander Keith Marshall, William Littell - Law reports, digests, etc - 1870 - 840 pages
...within another State, in the absence of any positive law forbidding it by such State. Said the court : " It is very true that a corporation can have no legal...created. It exists only in contemplation of law, and by the force of law; and where that law ceases to operate, and is no longer obligatory, the corporation...
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The American Jurist and Law Magazine, Volume 6; Volume 24

Law - 1843 - 530 pages
...(Same.) A corporation can have no legal existence out of the sovereignty by which it is created, as it exists only in contemplation of law, and by force of the law : and when that law ceases to operate, and is no longer obligatory, the corporation can have no existence....
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Merchants' Magazine and Commercial Review, Volume 1

Commerce - 1839 - 566 pages
...and that the plaintiffs acquired a legal title to the bills by the purchase. The court said it was very true that a corporation can have no legal existence,...in contemplation of law, and by force of the law, a»d where that law ceases to operate and is no longer obligatory, the corporation can have no existence....
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Reports of Cases at Law and in Equity Argued and Determined in ..., Volume 49

Arkansas. Supreme Court - Law reports, digests, etc - 1888 - 666 pages
...Justice TANEY, in delivering the opinion of the court, in Bank of Augusta v. Earle, 13 Peters, 588, said: "It is very true that a corporation can have no legal...it is created. It exists only in contemplation of the law, Watson v. Thompson Lumber Co. and by force of the law, and where that law ceases to operate,...
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The New-York Legal Observer, Volume 5

Samuel Owen - Law - 1847 - 490 pages
...existence out of the limits of the sovereignty by which it is created ; it exists in contemplation of, and by force of the law, and where that law ceases to operate, it can have no legal existence. " It must dwell in the place of its crea170 Supreme Cou it, Alabama....
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Select Cases in Equity and at Law: Argued and Determined in the ..., Volume 1

Pennsylvania. Court of Common Pleas (Philadelphia County) - 1853 - 612 pages
...subscribed to such corporation, on the application of a creditor of such company. A corporation has no legal existence out of the boundaries of the sovereignty by which it was created. The official functions of the agents and officers of such a corporation do not follow...
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Reports of Cases in Law and Equity, Argued and Determined in the ..., Volume 14

Georgia. Supreme Court - Equity - 1854 - 862 pages
...within the State, if, in the opinion of the Legislature, the public good is thereby promoted. It is true, that a corporation can have no legal existence out of the sovereignty by which it is created ; yet it does not ensue, that its existence as an artificial person,...
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Reports of Cases Argued and Adjudged in the Supreme Court of the ..., Volume 57

United States. Supreme Court - Law reports, digests, etc - 1855 - 702 pages
...association to sue and be sued. " And this corporation can have no legal existence out of the bounds of the sovereignty by which it is created. It exists...of the law ; and where that law ceases to operate the corporation can. have no existence. It must dwell in the place of its creation." Bank of Augusta...
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Reports of Cases in Law and Equity in the Supreme Court of the ..., Volume 26

Oliver Lorenzo Barbour, New York (State). Supreme Court - Law reports, digests, etc - 1858 - 718 pages
...accrued, was out of Olcott «. Tioga Rail Road Company. this state, within the exception of the statute. A corporation can have no legal existence out of the...boundaries of the sovereignty by which it is created, must dwell in the place of its creation, and cannot migrate to another sovereignty. (Bank of Augusta...
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Reports of Cases in Law and Equity in the Supreme Court of the State of New York

Oliver Lorenzo Barbour - Law reports, digests, etc - 1863 - 732 pages
...within this state." Chief Justice Taney, in the Bank of Augusta v. Earle, (13 Peters, 519,) says: " It is very true that a corporation can have no legal...out of the boundaries of the sovereignty by which it was created. It exists only in contemplation of law and by force of the law, and when that law ceases...
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