 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...  The South Western Reporter - Σελίδα 4101923Πλήρης προβολή - Σχετικά με αυτό το βιβλίο
 | 1893 - 922 σελίδες
...object of its creation, is defined in the law of its organization, and therefore beyond the powers conferred upon it by the Legislature, is not voidable...merely that the corporation ought not to have made it butthat it could not make it. The contract cannot be ratified by either party, because it could not... | |
 | United States. Supreme Court - 1893 - 776 σελίδες
...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 only, but wholly void and of no legal effect. Central Transportation Co. v. Pullman? s Palace Car Co., 139 US 24, 59, 60 ; Pennsylvania Railroad... | |
 | Theodore William Dwight - 1894 - 940 σελίδες
...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...not to have made it, but that it could not make it. ... No performance on either side can give the unlawful contract any validity, or be the foundation... | |
 | Abraham Clark Freeman - 1894 - 1070 σελίδες
...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...contract is not merely that the corporation ought not to hare made it, but that it could not make it. The contract cannot be ratified by either party, because... | |
 | United States. Supreme Court - 1896 - 762 σελίδες
...Pullman's Car Co., 139 US 24, that a contract of a corporation which is ultra vires in the proper sense is not voidable only, but wholly void and of no legal effect ; but it further holds that a corporation may also enter into and engage in transactions which are... | |
 | United States. Supreme Court - 1896 - 768 σελίδες
...Pullman's Car Co., 139 US 24, that a contract of a corporation which is ultra vires in the proper sense is not voidable only, but wholly void and of no legal effect ; but it further holds that a corporation may also enter into and engage in transactions which are... | |
 | Henry Osborn Taylor - 1898 - 978 σελίδες
...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...made it, but that it could not make it. The contract caunpt be ratified by either party, because it could not have been authorized by either. No performance... | |
 | United States. Supreme Court - 1899 - 760 σελίδες
...creation as defined in the law of its organization, and, therefore, beyond the powers conferred vpon it by the legislature, is not voidable only, but wholly...contract is not merely that the corporation ought not to hare made it, bui that it could not make it. Such a contract cannot be racSed by either party, because... | |
 | 1899 - 820 σελίδες
...therefore beyond the power conferred upon it by the legislature;" and then goes on to state that " the objection to the contract is not merely that the...not to have made it, but that it could not make it," although it is perfectly plain that the only objection to the contract in question in that case was... | |
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