 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1882 - 750 pages
...v. Springfield 4 Fed. Eep. 276 ; People v. May 3 Mich. 606 ; Johnson v. Ballou 28 Mich. 384 ; where a corporation has power, under any circumstances, to issue negotiable securities, the lonafide holder has a right to presume that they were issued under the circumstances which give the... | |
 | Thomas McIntyre Cooley - Constitutional law - 1868 - 776 pages
...it was actually issued. In Gelpecke v. Dubuque, 1 Wal. 203, the law is stated as follows : " Where a corporation has power, under any circumstances, to issue negotiable securities, the bona fde holder has a right to presume they were issued under the circumstances which give the requisite... | |
 | Law - 1868 - 894 pages
...payable to the plaintiff. In the case in 5 Wallace the opinion, referring to the previous cases, says: " When a corporation has power, under any circumstances, to issue negotiable securities, the decision of this court is, that the bond fide holder has a right to presume they were issued under... | |
 | United States. Supreme Court - Law reports, digests, etc - 1870 - 854 pages
...section of the act of incorporation are not now in question. If they were, the result would be the same. When a corporation has power, under any circumstances, to issue negotiable securities, the bond fide holder has a right to presume they were issued under the circumstances which give the requisite... | |
 | Florida. Supreme Court - Law reports, digests, etc - 1871 - 808 pages
...delivered the opinion of the court, which was concurred in by all the Justices except one. The court say, "when a corporation has power under any circumstances...securities, the bona fide holder has a right to presume they were issued under the circumstances which give the requisite authority, and they are no more liable... | |
 | Thomas McIntyre Cooley - Constitutional law - 1871 - 846 pages
...it was actually issued. In Gelpecke r. Dubuque, 1 Wa1. 203, the law is stated as follows : " Where a corporation has power, under any circumstances,...securities, the bona fide holder has a right to presume they were issued under the circumstances which give the requisite authority, and they are no more liable... | |
 | Law - 1872 - 926 pages
...the purchaser is not bound to look farther." In Gelpecke vs. Dubuque, 1 Wai., 175, Judge Swayne said: "When a corporation has power, under any circumstances, to issue negotiable securities, the bonafide holder has the right to presume that they were issued under the circumstances which give the... | |
 | John Forrest Dillon - History - 1873 - 546 pages
...to recover upon the merits, as the repeated decisions of this court have established the rule that when a corporation has power under any circumstances...circumstances which give the requisite authority and that they are no more liable to be impeached in the hands of such a holder than any other commercial... | |
 | Isaac Grant Thompson - Law reports, digests, etc - 1873 - 802 pages
...ratification by the principal. In G-elpcTce v. City of Dubuque, 1 "Wall. 175, Justice SWATNE says: " When a corporation has power under any circumstances to issue negotiable securities, the bonafide holder has a right to presume they were issued under the circumstances which give the requisite... | |
 | Thomas McIntyre Cooley - Constitutional law - 1874 - 916 pages
...sub- [* 216] scriptious made or bonds issued by municipal corporations stated as follows : " Where a corporation has power, under any circumstances,...securities, the bona fide holder has a right to presume they were issued under the circumstances which give the requisite authority, and they are no more liable... | |
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When a corporation has power, under any circumstances, to issue negotiable securities, the bona fide holder has a right to presume they were issued under the circumstances which give the requisite authority, and they are no more liable to be impeached... 
