Central Reporter; All Cases Determined in the Courts of Last Resort, as Follows

Central Reporter; All Cases Determined in the Courts of Last Resort, as Follows : New York ... New Jersey ... Pennsylvania ... Delaware ... Maryland ... District of Columbia Volume 11

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1888 edition. Excerpt: ...lacking the possession of faculties and powers for the performance of those acts which alone can be performed by the perfect statutory creature. The argument of the learned counsel for the appellant does not meet these grave objections. Chapter 135 of the Laws of 1870, cited by 'counsel, is not available to the petitioner. That Act provides as follows, name y "The directors of any corporation organized under any general Act for the formation of companies, in whose original certificate of incorporation any informality may exist by reason of an omission of any matter required to be therein stated, are hereby authorized to make and file an amended certificate of incorporation to conform to the general Act; and upon the making and filing of such amended certificate, the said corporation shall for all purposes be deemed and taken to be a corporation from the time of filing such original certificate." It mightbe said that the omissions pointed out in petitioner's incorporation were more than informalitics, and that they could not be called errors of form, or omissions which rendered the certificate imperfect on its face. They were radical defects, and went to the very right of the incorporators tobe a corporation dejure. Butacomplete answer is that the Act of 1870 is inapplicable in its provisions to the Rapid Transit Act of 1875. That Act was intended to embrace the whole law on the subject of the formation of companies thereunder, and as to the framing and adoption of articles of association therefor. Under its provisions the power and authority to make articles of incorporation are conferred upon the mayor's commissioners alone. It is their exclusive function to prepare them and, when completed, to deliver to the...show more

Product details

  • Paperback | 896 pages
  • 189 x 246 x 45mm | 1,565g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236859235
  • 9781236859235