 | Kentucky. Court of Appeals, James Hughes, Achilles Sneed, Martin D. Hardin, George Minos Bibb, Alexander Keith Marshall, William Littell - 1912 - 970 σελίδες
...law of its organization, and, therefore, beyond the powers conferred upon it by the Legislature, is not voidable only, but wholly void, and of no legal...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 - 1907 - 714 σελίδες
...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 σελίδες
...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...authorized by either. No performance on either side conld give the unlawful contract any validity, or be the foundation of any right of action upon it.... | |
 | United States. Supreme Court - 1896 - 1242 σελίδες
...law of its organization,— and therefore beyond the powers conferred upon It by the legislature, Is not voidable only, but wholly void, and of no legal...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.... | |
 | 1907 - 1152 σελίδες
...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 party. No performance on either side can give the unlawful contract validity or be the foundation of... | |
 | 1912 - 1332 σελίδες
...law of its organization, and therefore beyond the powers conferred upon it by the Legislature — Is not voidable only, but wholly void, and of no legal...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 σελίδες
...the law of its organization, and that from beyond the power conferred upon it by tlie Legislature, is not voidable only, but -wholly void and of no legal...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... | |
 | 1918 - 1332 σελίδες
...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... | |
 | 1903 - 1258 σελίδες
...the law of its organization, and therefore beyond the powers conferred upon it by the legislature) is not voidable only, but wholly void and of no legal...because it could not have been authorized by either. No and 112 New York State Reporter performance on either side can give the unlawful contract any validity,... | |
 | United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1891 - 782 σελίδες
...the law of its organization, and therefore beyond the powers conferred upon it by the legislature, is not voidable only, but wholly void, -and of no legal...made it, but that it could not make it. The contract canOpinion of the Court. not be ratified by either party, 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... 
