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" ... conferred upon it by the legislature, is not voidable only, but wholly void, and of no legal effect. The objection to the contract is, not merely that the corporation ought not to have made it, but that it could not make it. The contract cannot be... "
Reports of Cases Argued and Determined in the Supreme Court of Tennessee - Halaman 121
oleh Tennessee. Supreme Court - 1893
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United States Reports: ... and Rules Announced at ...

United States. Supreme Court - 1896 - 768 halaman
...it could not make it. Such a contract cannot be ratified by either party, because it could not have been authorized by either. No performance on either...be the foundation of any right of action upon it." 139 US 59, 60. But we think the present case falls within the language of Lord Chancellor Selborne,...
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United States Reports: Cases Adjudged in the Supreme Court, Volume 167

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1897 - 810 halaman
...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 on either...be the foundation of any right of action upon it." This language was also cited and expressly approved in Jacksonville &c. Railway v. Hooper, 160 US 514,...
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The American and English Railroad Cases: A Collection of All Cases ...

1900 - 944 halaman
...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 on either...be the foundation of any right of action upon it." In Biink v. Hawkins, 34 US App. 423, 18 CCA 78, and 71 Fed. 369, we drew a distinction between acts...
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The American State Reports: Containing the Cases of General Value ..., Volume 70

Abraham Clark Freeman - 1900 - 1050 halaman
...by either party, because it could not have been authorized by either. No performance on either aide can give the unlawful contract any validity, or be the foundation of any right of action upon It" The doctrine so generally maintained that an estoppel to set up the defense of ultra vires arises from...
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A Treatise on the Law of Suretyship and Guaranty

Darius Harlan Pingrey - 1900 - 480 halaman
...that it could not make it. Such contract cannot be ratified by either party because it could not have been authorized by either. No performance on either side can give the said contract any validity or be the foundation of any right of action upon it. When a corporation...
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Cases Argued and Decided in the Supreme Court of the United ..., Volume 139-142

United States. Supreme Court - 1901 - 1548 halaman
...cannot be ratified by either party, no performance on either side can give the unlawful contract an; validity, or be the foundation of any right of action upon it. 12. When a contract made by a corporation is beyond the powers conferred upon it by existing laws,...
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A Treatise on the Law of Private Corporations

Henry Osborn Taylor - 1902 - 1002 halaman
...make it. The contract cannot be ratified by either party, because it could not have been authorized bv either. No performance on either side can give the...be the foundation of any right of action upon it." ' As already said, the Supreme Court has apparently extended 439 TJ. 8. 24, 48 sqq. See the I in California...
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Reports of Cases Heard and Determined in the Appellate Division ..., Volume 77

New York (State). Supreme Court. Appellate Division - 1903 - 778 halaman
...majority of the claimants, and the contract cannot be ratified by either party, because it could not have been authorized by either ;. no performance on either...the foundation of any right of action upon it. "When App. Div.J SECOND DEPAKTMBNT, DECEMBER TEKM, 1902. a corporation is acting within the general scope...
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McMaster's Commercial Decisions Affecting the Banker and Merchant ..., Volume 6

James Smith McMaster - 1903 - 1004 halaman
...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 on either...be the foundation of any right of action upon it." This language was also cited and expressly approved in Jacksonville, etc., Railway v. Hooper, 160 US...
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Cases on Restraint of Trade, Masalah 4

Bruce Wyman - 1903 - 170 halaman
...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 on either...be the foundation of any right of action upon it." This language was also cited and expressly approved in Jacksonville &c. Railway v. Hooper, 160 US 514,...
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