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Cyclopedia of the Law of Private Corporations, Vol. 2 of 8 (Classic Reprint)
William Meade Fletcher
No preview available - 2017
accepted action aff'g agent agreement American amount apply assessment authority Bank become binding bonds capital certificate charter City condition Conn consideration constitute construction contract corporation County court creditors debts defense directors effect enforce existence express expressly fact formed fraud given ground held hold holder Hotel Illinois implied incorporation infra interest Iowa issue Land liability Loan Mass matter ment Michigan Minn mortgage N. Y. App N. Y. Supp necessary notice officers Ohio organization paid parties payment person poration purchase question railroad reason receive representations Road rule seal shares statute stockholders subscriber subscription sufficient supra tion Trust Turnpike United unless valid Wash York
Page 1934 - The stock and indebtedness of corporations shall not be increased except in pursuance of general law, nor without the consent of the persons holding the larger amount in value of the stock first obtained at a meeting to be held after sixty days' notice given in pursuance of law.
Page 1743 - Wheely and others, the court say, "the canal having been made under an Act of Parliament, the rights of the plaintiffs are derived entirely from that Act. This, like many other cases, is a bargain between a company of adventurers and the public, the terms of which are expressed in the statute ; and the rule of construction, in all such cases, is now fully established to be this ; that any ambiguity in the terms of the contract must operate against the adventurers, and in favor of the public, and...
Page 1857 - That principle is, that where a corporation, like a railroad company, has granted to it by charter a franchise intended in large measure to be exercised for the public good, the due performance of those functions being the consideration of the public grant, Opinion of the Court.
Page 1746 - ... that all rights which are asserted against the State must be clearly defined, and not raised by inference or presumption ; and if the charter is silent about a power, it does not exist. If, on a fair reading of the instrument, reasonable doubts arise as to the proper interpretation to be given to it, those doubts are to be solved in favor of the State ; and where it is susceptible of two meanings, the one restricting and the other extending the powers of the corporation, that construction is...
Page 1654 - The essence of the wrong in unfair competition consists in the sale of the goods of one manufacturer or vendor for those of another, and if defendant so conducts its business as not to palm off its goods as those of complainant, the action fails.
Page 1978 - Where the instrument is addressed to a drawee, he must be named or otherwise indicated therein with reasonable certainty.
Page 1691 - Dictionary, which abbreviates it, "Inc., Incor., and Incorp."). It is true that In the answer it is alleged to be an abbreviation, and so understood by the masses of men.
Page 1319 - To divide, withdraw, or in any manner pay to the stockholders, or any of them, any part of the capital stock of the corporation ; or to reduce such capital stock without the consent of the legislature ; or 3.
Page 1309 - The rule of law is clear, that where one by his words or conduct wilfully causes another to believe the existence of a certain state of things, and induces him to act on that belief so as to alter his own previous position, the former is concluded from averring against the latter a different state of things as existing at the same time.
Page 1974 - And this malleability to suit the necessities and usages of the mercantile and commercial world is one of the most valuable characteristics of the common law. When a corporation covenants to pay to bearer and gives a bond with negotiable qualities, and by this means obtains funds for the...