Corporation Law: A Comprehensive Treatise on Federal and State Legislation Relative to Private and Public Service Corporations and Interstate CommerceAmerican School of Correspondence, 1913 |
From inside the book
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... individuals and property which are hemmed in so closely about him . Just so in a large corporation we find the legal situa- tion complicated by the magnitude and scope of the transactions as well as by the relations of the individuals ...
... individuals and property which are hemmed in so closely about him . Just so in a large corporation we find the legal situa- tion complicated by the magnitude and scope of the transactions as well as by the relations of the individuals ...
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... individual rulers at particular times . Aside from gov- ernmental organizations , their development and growth during the earlier part of the Middle Ages was limited , but in the latter part of this period a great commercial awakening ...
... individual rulers at particular times . Aside from gov- ernmental organizations , their development and growth during the earlier part of the Middle Ages was limited , but in the latter part of this period a great commercial awakening ...
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... individuals . Great and advantageous economies in business can be effected by combinations of energy and capital . The development of the modern com- mercial world , as it exists today , would have been impossi- ble but for the notion ...
... individuals . Great and advantageous economies in business can be effected by combinations of energy and capital . The development of the modern com- mercial world , as it exists today , would have been impossi- ble but for the notion ...
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... individual association or combination , and with natural persons . These essential characteristics , as thus compared , are , first , the idea of immortality ; the corporation exists for the time limited in the charter , irrespective of ...
... individual association or combination , and with natural persons . These essential characteristics , as thus compared , are , first , the idea of immortality ; the corporation exists for the time limited in the charter , irrespective of ...
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... individual members , and does not , nor can it , partake of the nature of a public corporation . There are other corporations which are technically and essentially private , engaged in some private enterprise but in which the public ...
... individual members , and does not , nor can it , partake of the nature of a public corporation . There are other corporations which are technically and essentially private , engaged in some private enterprise but in which the public ...
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Other editions - View all
Corporation Law: A Comprehensive Treatise on Federal and State Legislation ... Howard S. Abbott No preview available - 2015 |
Corporation Law: A Comprehensive Treatise on Federal and State Legislation ... Howard S. Abbott No preview available - 2018 |
Common terms and phrases
action Adams Express Co agent applied authority bailment by-laws capital stock carried character charge charter commerce clause common carrier common law consignee Constitution contract court of equity created creditors decisions deliver discrimination dividends doctrine doctrine of comity duty effect eminent domain enforced engaged exclusive exercise existence express expressly Federal fixed foreign corporation franchises freight furnish granted held hold implied imposed interstate commerce Justice legislation legislature liability limited merce natural persons necessary non-stock corporation operation organized owner package pany parties passenger payment police power poration power of Congress principle private corporations privileges prohibition proper protection purpose question railroad railroad company rates reasonable receive refused regulate commerce respect restraint of trade rule shipper statute stockholders subscription Supreme Court taxation ticket tion train trans transaction transfer transportation ultra vires United unreasonable
Popular passages
Page 21 - The powers thus granted are not confined to the instrumentalities of commerce, or the postal service known or in use when the Constitution was adopted, but they keep pace with the progress of the country and adapt themselves to the new developments of time and circumstances.
Page 36 - ... transported into any State or Territory, or remaining therein for use, consumption, sale, or storage therein, shall upon arrival in such State or Territory be subject to the operation and effect of the laws of such State or Territory enacted in the exercise of its police powers, to the same extent and in the same manner as though such animals or birds had been produced in such State or Territory, and shall not be exempt therefrom by reason of being introduced therein in original packages or otherwise.
Page 5 - In countries where the common law prevails, it has been customary from time immemorial for the legislature to declare what shall be a reasonable compensation under such circumstances, or, perhaps more properly speaking, to fix a maximum beyond which any charge made would be unreasonable.
Page 37 - 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 the manner most beneficial to the people.
Page 14 - She was employed as an instrument of that commerce ; for whenever a commodity has begun to move as an article of trade from one state to another, commerce in that commodity between the states has commenced.
Page 66 - State, subject only to the two restrictions, that the taxation shall not be at a greater rate than is assessed upon other moneyed capital in the hands of individual citizens of such State, and that the shares of any national banking association owned by non-residents of any State shall be taxed in the city or town where the bank is located, and not elsewhere.
Page 79 - And, in order to ascertain that value, the original cost of construction, the amount expended in permanent improvements, the amount and market value of its bonds and stock, the present as compared with the original cost of construction, the probable earning capacity of the property under particular rates prescribed by statute, and the sum required to meet operating expenses...
Page 2 - A corporation is an artificial being, invisible, intangible, and existing only in contemplation of law. Being the mere creature of law. it possesses only those properties which the charter of its creation confers upon it, either expressly, or as incidental to its very existence.
Page 24 - When cattle are sent for sale from a place in one state, with the expectation that they will end their transit after purchase in another, and when, in effect they do so, with only the interruption necessary to find a purchaser at the stock yards, and when this is a typical, constantly recurring course, the current thus existing is a current of commerce among the states, and the purchase of the cattle is a part and incident of such commerce.
Page 90 - The rule of law is clear, that where one by his words or conduct wilfully causes another to believe in the existence of a certain state of things, and induces him to act on that belief •o 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...