 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...  Reports of Cases Determined in the Appellate Courts of Illinois - Stranica 291napisao/la Illinois. Appellate Court, Martin L. Newell, Mason Harder Newell, Walter Clyde Jones, Keene Harwood Addington, James Christopher Cahill, Basil Jones, James Max Henderson, Ray Smith - 1900Potpun prikaz - O ovoj knjizi
 | Illinois. Appellate Court, Martin L. Newell - 1899 - Broj stranica: 716
...outside the object of its creation as defined in the law of its organization, and therefore bevond the powers conferred upon it by the legislature, is...voidable only, but wholly void and of no legal effect, and in such case, even though there has been full performance, neither party to such contract can be... | |
 | Darius Harlan Pingrey - 1900 - Broj stranica: 480
...proper sense, that is, outside of the object of its creation as defined in the law of its organization, and therefore beyond the powers conferred upon it...voidable only, but wholly void and of no legal effect. Because the objection to the contract is not merely that the corporation ought not to have made it,... | |
 | Abraham Clark Freeman - 1900 - Broj stranica: 1050
...sense, that Is to say outside tlie 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," said Mr. Justice Gray in Central Transp. Co. v. Pullman's Car Co., 139 US 24, "but wholly void, and... | |
 | United States. Supreme Court - 1901 - Broj stranica: 1548
...either of them, must be within the corporate powers of both. 11. A contract of a corporation which is beyond the powers conferred upon it by the Legislature is not voidable only, but wholly void; it cannot be ratified by either party, no performance on either side can give the unlawful contract... | |
 | Anthony Jennings Bledsoe - 1903 - Broj stranica: 500
...contract of a corporation, outside the object of its creation as denned by the law of its organization, and therefore beyond the powers conferred upon it...wholly void and of no legal effect. The objection to such a contract is not merely that the corporation ought not to have made it, but that it could not... | |
 | Anthony Jennings Bledsoe - 1903 - Broj stranica: 508
...Legislature, is not voidable only, but wholly void and of no legal effect. The objection to such a contract is not merely that the corporation ought...not to have made it, but that it could not make it. Section 906.— VOID CONTRACT CANNOT BE RATIFIED. — A contract which is absolutely void, because... | |
 | 1905 - Broj stranica: 1048
...sense, that is to say, outside the object of its creation, is defined in the law of its organization, and therefore beyond the powers conferred upon it...not merely that the corporation ought not to have marie it but that it could not make it. The contract cannot be ratified by either party, because it... | |
 | 1905 - Broj stranica: 1080
...Legislature — is not voidable only, but is wholly void, and of no legal effect. The objection to such a contract is not merely that the corporation ought...not to have made It, but that it could not make it; 1. e., had no power to make it. Therefore a contract cannot be ratified by either party, nor can performance... | |
 | United States. Supreme Court - 1905 - Broj stranica: 700
...22; Penna. Co. v. St. I/., A. &c. RR Co., 118 US 290. The contract is void; the objection is not only that the corporation ought not to have made it, but that it could not make it, that the contract cannot be ratified or confirmed by the stockholders, because it could not have been... | |
 | 1906 - Broj stranica: 682
...federal courts still profess to adhere to the ancient doctrine, declaring as to the ultra vires contract "not merely that the corporation ought not to have made it, but that it could not have made it."7 The decisions in these courts, however, generally harmonize with the rule applied in... | |
| |
