American and English Corporation Cases

American and English Corporation Cases
Author: Frank C. Smith
Publisher: Arkose Press
Total Pages: 714
Release: 2015-10-15
Genre:
ISBN: 9781344633864

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

The American and English Corporation Cases; a Collection of All Cases Affecting Corporations of Every Kind, Other Than Municipal and Railroad, Decided

The American and English Corporation Cases; a Collection of All Cases Affecting Corporations of Every Kind, Other Than Municipal and Railroad, Decided
Author: United States Courts
Publisher: Rarebooksclub.com
Total Pages: 484
Release: 2013-09
Genre:
ISBN: 9781230057446

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1902 edition. Excerpt: ...Union have availed themselves of that suggestion, and reserved such power either in general laws applicable to all charters, as the general assembly of Gregg v. Granby Mining & Smelting Co Missouri has in section 7 of chapter 34, Rev. St. 1845 and 1855, or incorporated it in subsequently granted special charters. Railroad Co. v. Renshaw, 18 Mo. 210. The supreme court of the United States as recently as October 18, 1900, in Looker v. Maynard, 21 Sup. Ct. 21, 45 L. Ed. 79, have reaffirmed the right in a case on "all fours" with this. In that case a statute permitting each stockholder of a corporation to cumulate his votes upon any one or more candidates for directors (Pub. Acts Mich. 1885, p. 116, No. 112) was held to be within the power reserved by the state constitution to its legislature to alter, amend, or repeal future acts of incorporation. and therefore does not impair the obligation of the contract made between the state and the corporation by its original organization; the court remarking at the close of the opinion: "Remembering that the Dartmouth College Case (which was the cause of the general introduction into the legislation of the several states of a provision reserving the power to alter, amend, or repeal acts of incorporation) concerned the right of a legislature to make achange in the number and mode of appointment of the trustees or managers of a corporation, we cannot assent to the theory that an express reservation of the general power does not secure to the legislature the right to exercise it in this respect."-Watson Seminary v. Pike Co. Court, 149 Mo. 67, 50 S. W. 880, 45 L. R. A. 675; Pennsylvania College Cases, 13 Wall. 213, 20 L. Ed. 550; Miller v. New York, 15 Wall. 478, 21 L. Ed. 08;...

American and English Corporation Cases; a Collection of All Corporation Cases, Both Private and Municipal , Decided in the Co

American and English Corporation Cases; a Collection of All Corporation Cases, Both Private and Municipal , Decided in the Co
Author: Lawrence Lewis
Publisher: Rarebooksclub.com
Total Pages: 342
Release: 2013-09
Genre:
ISBN: 9781230083773

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1893 edition. Excerpt: ...duties consisted in soliciting passenger trafiic in that city and county-over the road he represented. He did not sell tickets for his company; neither did he receive nor pay out money on ac count of it. His sole offence consisted in soliciting passengers to go over his company's road, without having paid the licensetax imposed upon him by said order as a condition precedent to his right to act as such agent in said county. The court held that the license-fee as to such agency was a tax upon interstate commerce, and in that respect was unconstitutional. The court, speaking of the agency and tax, said: "The object and effect of his soliciting agency were to swell the volume of the business of the road. It was one of the means by which the company sought to increase, and doubtless did increase, its interstate passenger traffic. It was not incidentally or remotely connected with the business of the road, but was a direct method of increasing that business. The tax upon it, therefore, was, according to the principles established by the decisions of this court, a tax upon a means or an occupation of-carrying on interstate commerce, pure and simple." In this case the contract between the corporation and _Iulian, and the bond sued on, were executed in this state, and were business transacted in Arkansas. But no sales or indebtedness were created by them. The contract was only an agreement to sell, and the bond was a condition upon which the corporation agreed to sell, and a means adopted to secure the indebtedness to be contracted by sales, and both constituted a contract. They were imade a foundation of a future trade between a corporation of one state and a citizen of another, and were a direct method devised to increase the...