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" A corporation is a franchise possessed by one or more individuals, who subsist as a body politic, under a special denomination, and are vested, by the policy of the law, with the capacity of perpetual succession, and of acting in several respects, however... "
Commentaries on American Law - Stran 215
avtor: James Kent - 1827
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American Law and Procedure, Količina 8

James Parker Hall, James De Witt Andrews - 1910 - 440 strani
...individuals, who subsist as a (1) Baldwin CJ in Mackay v. New York & NHR Co., 72 Atl. 583, 586 (Conn). body politic, under a special denomination, and are vested...numerous the association may be, as a single individual" (2). § 3. Theories of the corporate personality. There are three of these, viz: (a) The fiction theory,...
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A Law Dictionary Containing Definitions of the Terms and Phrases of American ...

Henry Campbell Black - 1910 - 1330 strani
...23 Wend. (NY) 103, 129, 142. A franchise possessed by one or more individuals, who subsist as a body politic, under a special denomination, and are vested...numerous the association may be, as a single individual. 2 Kent, Comm. 267. An artificial person or being, endowed by law with the capacity of perpetual succession;...
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Private Corporations

Horace La Fayette Wilgus - 1911 - 212 strani
...individuals, who subsist as a (1) Baldwin CJ in Mackay v. New York & NHR Co., 72 Atl. 583, 586 (Conn). body politic, under a special denomination, and are vested...numerous the association may be, as a single individual" (2). § 3. Theories of the corporate personality. There are three of these, viz: (a) The fiction theory,...
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Higher Accountancy, Principles and Practice: Business law, by S. D. Hirschl

William Arthur Chase - 1911 - 542 strani
...franchise— "a corporation is a franchise possessed by one or more individuals, who subsist as a body politic, under a special denomination, and are vested...however numerous the association may be, as a single individual."1 §2. Corporation and partnership. These differ: (1) In creation: corporations can be...
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Modern American Law: A Systematic and Comprehensive Commentary ..., Količina 9

Eugene Allen Gilmore, William Charles Wermuth - 1914 - 874 strani
...definition is: "A corporation is a franchise possessed by one or more individuals, who subsist, as a body politic, under a special denomination, and are vested,...however numerous the association may be, as a single individual."4 These definitions emphasize, respectively, that a corporation is regarded as a legal...
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Handbook of the Law of Private Corporations

William Lawrence Clark - 1916 - 952 strani
...follows: "A corporation is a franchise possessed by one or more individuals, who subsist, as a body politic, under a special denomination, and are vested,...numerous the association may be, as a single individual. The1 object of the institution is to enable the members to act by one united will, and to continue...
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Corpus Juris: Being a Complete and Systematic Statement of the ..., Količina 14

William Mack, William Benjamin Hale - 1919 - 1164 strani
...defines a corporation as "a franchise possessed by one or more Individuals, who subsist, as a body politic, under a special denomination, and are vested,...numerous the association may be, as a single Individual." 2 Kent Comm. p 267 [quot Porter v. Rockford, etc., R. Co., 76 111. 561, 573; State v. Payne, 129 Mo....
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Legal Definitions: A Collection of Words and Phrases as Applied ..., Količina 1

1919 - 828 strani
...Chancellor Kent's Definition. A franchise possessed by one or more individuals who subsist as a body politic, under a special denomination, and are vested...numerous the association may be, as a single individual. Porter v. Rockford RI & St. LR Co., 76 111. 573. Chief Justice Marshall's Definition. An artificial...
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The Cyclopedic Law Dictionary: With an Exhaustive Collection of ..., Količina 1

Walter A. Shumaker, George Foster Longsdorf - 1922 - 1150 strani
...CORPORATION (Lat. corpus, a body). A franchise possessed by one or more individuals, who subsist as a body politic under a special denomination, and are vested,...numerous the association may be, as a single individual. 2 Kent, Comm. 267. "A corporation is a body, or artificial person, consisting of one or more individuals,...
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Ballantine on Corporations: Founded on Clark and Marshall Corporations

Henry Winthrop Ballantine - 1927 - 1012 strani
...Commentaries: "A corporation is a franchise possessed by one or more individuals, who subsist, as a body politic, under a special denomination, and are vested,...numerous the association may be, as a single individual." 1B This, however, is inaccurate. A corporation is not a franchise, but the consequence of a franchise....
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