A Treatise on the Law of Consolidation of Railroad Companies: Being an Argument in the Case of Julius Wadsworth of New York, Et Al., Versus Chicago & Northwestern Railway Company, William B. Ogden, Et Al. in the United States Circuit Court for the Northern District of Illinois, Hon. David Davis of the U.S. Supreme Court, Presiding

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Beach and Barnard, 1865 - 288 halaman

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Halaman 38 - 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.
Halaman 186 - Such agents have duties to discharge of a fiduciary nature towards their principal and it is a rule of universal application, that no one, having such duties to discharge, shall be allowed to enter into engagements in which he has, or can have, a personal interest conflicting, or which possibly may conflict, with the interests of those whom he is bound to protect.
Halaman 269 - Of law there can be no less acknowledged, than that her seat is the bosom of God, her voice the harmony of the world ; all things in heaven and earth do her homage, the very least as feeling her care, and the greatest as not exempted from her power...
Halaman 24 - ... 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 the plaintiffs can claim nothing that is not clearly given them by the act.
Halaman 199 - and by that name shall have succession for the term of years above specified; may sue and be sued, complain and defend, in any court of law or equity, may make and use a common seal...
Halaman 217 - ... knowledge of the want of authority to make the contract. Hence, if the question of power depends not merely upon the law under which the corporation acts, but upon the existence of certain extrinsic facts, resting peculiarly within the knowledge of the corporate officers, then the corporation would be estopped from denying that which, by assuming to make the contract, it had virtually affirmed.
Halaman 224 - Peninsula special stock, within the meaning of an act of the legislature of the state of Wisconsin, entitled "an act to amend the charter of the Chicago and Northwestern Railway Company...
Halaman 186 - A corporate body can only act by agents, and it is of course the duty of those agents so to act as best to promote the interests of the corporation whose affairs they are conducting.
Halaman 136 - ... legislature of Pennsylvania, or their constituents, of a compliance with the conditions of the charter, avail the plaintiff. It is certainly true that the law will strip a corporation or individual of every disguise, and enforce a responsibility according to the very right, in despite of their artifices.
Halaman 179 - Such is human nature, that some persons lose their abhorrence of crime in their admiration of its magnificent exhibitions. Ordinary vice is reprobated by them, but extraordinary guilt, exquisite wickedness, the high...

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