 | Kentucky. Court of Appeals, James Hughes, Achilles Sneed, Martin D. Hardin, George Minos Bibb, Alexander Keith Marshall, William Littell - 1912 - 970 halaman
...the rule laid down by this court in Central Transp. Co. v. Pullman Palace Car Co. (above cited) that 'a contract of a corporation, which is ultra vires,...not to have made it, but that it could not make it. Such a contract can not be ratified by either party, because it could not have been authorized by either.... | |
 | Illinois. Supreme Court - 1916 - 720 halaman
...of the case, and the only view which appears to us consistent with legal principles, is as follows : A contract of a corporation which is ultra vires in...made it, but that it could not make it.- The contract cannot be ratified by either party, because it could not have been authorized by either. No performance... | |
 | Illinois. Supreme Court - 1916 - 720 halaman
...contract, having received the benefits of it, cannot be heard to interpose the defense of ultra vires. "The objection to the contract is, not merely that...made it but that it could not make it. The contract cannot be ratified by either party because it could not have been authorized by either. No performance... | |
 | Illinois. Supreme Court - 1907 - 714 halaman
...voidable, but is wholly void and without any legal effect. The objection to the contract in such case is not merely that the corporation ought not to have made it, but that it could not make it. Such a contract cannot be ratified by either party, because it could not have been authorized by either... | |
 | 1899 - 2058 halaman
...organization, and therefore beyond the powers conferred upon it by the legislature. Such a contract is not voidable only, but wholly void, and of no legal...made it, but that it could not make it. The contract cannot be ratified by either party, because it could not have been authorized by either. No performance... | |
 | United States. Supreme Court - 1896 - 1242 halaman
...affirm, the rule laid down by this court. In Central Transp. Co. v. Pullman Car Co. (above cited), that "a contract of a corporation which is ultra vires,...not to have made It but that It could not make it Such a contract cannot be ratified by either party, because it could not have been authorized by either.... | |
 | United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1897 - 810 halaman
...Court. opinion of the court in Central Transp. Co. v. Pullman's Palace Car Cb.,139 US 24, 59 to 60 : " A contract of a corporation, which is ultra vires,...made it, but that it could not make it. The contract cannot be ratified by either party, because it could not have been authorized by either. No performance... | |
 | 1913 - 1390 halaman
...Car Co., 139 US 24, 59, 11 Sup. Ct 478, 35 L. Ed. 55, and as applied in many subsequent cases, is: 'A contract of a corporation which is ultra vires,...made It, but that It could not make It. The contract cannot be ratified by either party, because It could not have been authorized by either. No performance... | |
 | 1912 - 1332 halaman
...to affirm, the rule laid down by this court in Central Transp. Co. v. Pullman Palace Car Co. tion, which is ultra vires. In the proper sense — that...not to have made It, but that it could not make it. Such a contract cannot be ratified by either party, because It could not have been authorized by either.... | |
 | 1904 - 1174 halaman
...as defined by the law of its organization, and that from beyond the power conferred upon it by tlie Legislature, is not voidable only, but -wholly void...corporation ought not to have made it, but that it соцШ not make it. The contract cannot be ratified by either, because it could not have been authorized... | |
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A contract of a corporation, which is ultra vires, in the proper sense, that is to say, outside the object of its creation as defined in the law of its organization, and therefore beyond the powers conferred upon it by the legislature, is not voidable... 
