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" 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... "
The Writings of John Marshall, Late Chief Justice of the United States, Upon ... - Halaman 195
oleh John Marshall - 1839 - 728 halaman
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Hungary: Towards a Market Economy

László Halpern, Charles Wyplosz - 1998 - 418 halaman
...have been a company. but in most cases it wasn'ta corporation. We understand by the term 'corporation' 'An artificial being, invisible, intangible, and existing only in contemplation of law. It is exclusively the work of the law, and the best evidence is the grant of corporate powers by the...
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John Marshall: Definer of a Nation

Jean Edward Smith - 1998 - 788 halaman
...turned to the nature of a corporation. In a definition destined for constitutional immortality, he said: A corporation is an artificial being, invisible, intangible; and existing only in the contemplation of the law. ... It possesses only those properties which the charter of its creation...
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Consuming Power: A Social History of American Energies

David E. Nye - 1999 - 358 halaman
...Because of its diverse ownership and its large size, the corporation at first was legally understood as "an artificial being, invisible, intangible, and existing only in contemplation of law." 14 By 1900, however, corporations had far broader powers. 15 "In historical perspective," writes Mulford...
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Gain: A Novel

Richard Powers - 1999 - 372 halaman
...the classic definition that Marshall gave in Dartmouth College v. Woodward, a half century before: A corporation is an artificial being, invisible, intangible, and existing only in contemplation of law. By this point in Samuel's oration, most of his day laborers had slipped quietly back to work. Those...
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Foreign in a Domestic Sense: Puerto Rico, American Expansion, and the ...

Christina Duffy Burnett, Burke Marshall - 2001 - 448 halaman
...Woodward (1819) when Chief Justice John Marshall drew on common law tradition to define a corporation as "an artificial being, invisible, intangible, and existing...it, either expressly, or as incidental to its very existence."55 If Marshall's definition granted a corporation a legal status different from the people...
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Ethics and Governance: Business as Mediating Institution

Timothy L. Fort - 2001 - 328 halaman
...1, 14 (1995). 16. The seminal portion of Marshall's opinion reads: "[A] corporation is an artif1cial being, invisible, intangible, and existing only in...creation confers upon it, either expressly, or as incident to its very existence. These are such as supposed best calculated to effect the object for...
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Corporate Irresponsibility: America's Newest Export

Lawrence E. Mitchell - 2008 - 312 halaman
...behavior. The corporation has always been acknowledged to be, in the words of Chief Justice John Marshall, "an artificial being, invisible, intangible, and existing only in contemplation of law." But despite this artificiality, despite the inhuman legal construct that it is, the law treats it as...
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Historic U.S. Court Cases: An Encyclopedia, Volume 1

John W. Johnson - 2001 - 608 halaman
...example of his pragmatic, undoctrinaire approach to the Constitution's fundamental principles. Although "an artificial being, invisible, intangible, and existing only in contemplation of law," the corporation was the instrument for perpetuating the design of the original donors. It stood in...
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Individual & Group Privacy ( Ppr )

Edward J. Bloustein - 206 halaman
...of the corporation. In Chief Justice Marshall's words, a corporation is "an artificial being, . . . existing only in contemplation of law. Being the mere...which the charter of its creation confers upon it ... ."118 Two important consequences follow from this theory. First, the fifth amendment privilege...
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Swimming Lessons: Keeping Afloat in the Age of Technology

David Ehrenfeld - 2002 - 274 halaman
...like one immortal being." But as the chief justice also said in that decision, a corporation is "a mere creature of law, it possesses only those properties...which the charter of its creation confers upon it." Presumably, if a corporation violates its charter, the law can unmake it. Its immortality is conditional....
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